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Dubai / Reuters Dubai International Airport (DXB) expects double-digit passenger growth to resume as early as 2019, helped by an alliance between the emirate’s two airlines, its chief executive said on Monday after reporting the lowest growth in at least nine years. Passengers using the airport, the hub for Middle East airline giant Emirates and a major source of income ...

Bloomberg Nissan Motor Co. intends to spend 1 trillion yen ($9 billion) over five years in China as it vies to become the largest global electrified vehicle maker in the country. The Japanese carmaker aims to raise annual deliveries by 1 million units by 2022, with much of the growth coming from electrified models, Jun Seki, head of Nissan’s China ...

Bloomberg Over decades, Toyota Motor Corp. built a corporate culture that was the envy of the manufacturing world. Now the auto industry’s most-emulated company is overhauling the way it brings its vaunted production system to every corner of the business. The automaker in January created a single group, staffed with 200 employees, to manage the Toyota Production System, centralising a ...

Bloomberg Chances for an immigration deal in Congress are dimming as Republicans and Democrats pull further apart and President Donald Trump threatens to walk away from any agreement that doesn’t meet his demands. The House and Senate return this week with only one major item on their agendas: Voting on another short-term spending bill to avoid a government shutdown after ...

Bloomberg Britain’s services growth weakened more than expected at the start of the year, casting a cloud over the economy following some recent positive figures. IHS Markit’s Purchasing Managers Index fell to 53 in January from 54.2 in December. That’s the lowest since September 2016 and well below the 54.1 economists had forecast. Along with reports showing a slowdown in ...

Bloomberg The modern office is starting to look more like a Rainforest Cafe than a place of business. Amazon.com Inc.’s new Seattle headquarters has 40,000 plants. Down the coast, every other floor in Samsung’s two-and-a-half-year-old San Jose office space is a garden. Alibaba Group Holding Ltd. wants all employees in its Hangzhou workplace to be no more than a one-minute ...

Bloomberg The US is weighing sanctions on Venezuela’s oil sector, Rex Tillerson said in Argentina, as he continues a South America trip that’s quickly being dogged by President Donald Trump’s threat to cut aid to the countries the Secretary of State is visiting. Tillerson said that during his meetings with Argentina’s leaders he’d raised the possibility of oil sanctions as ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that innovative Emiratis are the cornerstone of leadership and the future and the most important element in achieving the strategic visions of the UAE. During the graduation ceremony of the second group completing the Diploma ...

Ras Al Khaimah / WAM The Ras Al Khaimah Tourism Development Authority (RAKTDA), the government body that develops the emirate’s tourism infrastructure and initiates its domestic and overseas promotions, on Sunday announced its results for the 12 months ending December 31, 2017. The organisation reported a growth of 19 percent in the overall number of tourists, with a substantial increase ...

Dubai / Emirates Business Dubai has made waves in the global maritime leisure industry, as Norway-based Manon Business Group announced that the emirate has become one of the top ten maritime capitals last year, and fifth in terms of competitiveness and attractiveness. The emirate continues to innovatively combine state-of-the-art waterfront properties and leisure-friendly initiatives to further enhance the experience of ...