Dubai / Emirates Business Revitalise your traditions and celebrate Christmas and New Year’s Eve with a difference. Take a break from the fatigue of hosting the whole family at home and labouring over a massive meal or spending a hard time choosing presents. This year you can treat your family to a luxurious getaway at Constance Hotels and Resorts ...
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A look into ‘green’ future in Trump’s world
Bloomberg What will Donald Trump actually do? It’s a question many Americans are asking themselves now that the US has wrapped up one of its least policy-specific elections ever. The president-elect has offered only the loosest of legislative prescriptions, including whatever plans he may have for the energy industry. The mystery hangs over turbine manufacturers like Vestas Wind Systems, ...
Read More »May says Trump’s victory shows voter concerns must be heard
Bloomberg U.K. Prime Minister Theresa May will respond to Donald Trump’s U.S. election victory by telling supporters of economic liberalization and free trade that they have to listen to the concerns of those who think such forces have more downsides than benefits. At the Mansion House in London on Monday evening, May will give her first major speech on ...
Read More »One less haven for investors as Denmark loses appeal
Bloomberg When Europe sank into a debt crisis, cash flowed into Denmark. When Switzerland abandoned its peg, cash flowed into Denmark. And when Britain voted to leave the European Union, cash flowed into Denmark. But with a stock market heavily weighted toward trade, Denmark lost its allure in Donald Trump’s world. “Some of Donald Trump’s ideas are pretty negative ...
Read More »Energy Transfer preps to finish Dakota Line as US reviews
Bloomberg Energy Transfer Equity LP said that it was mobilizing equipment in preparation to drill the final portion of its controversial Dakota Access crude pipeline, even as an Obama administration official said no decision has been made on the project. The pipeline giant can’t actually drill the final piece of the oil line beneath Lake Oahe in North Dakota ...
Read More »Trump’s rise deals a blow to India’s manufacturing dream
Bloomberg Donald Trump’s rise is the latest setback for India’s ambition to become a factory for the world. Having missed the export-driven steam-boat that transformed China and fellow East Asian economies over the past several decades, India under Prime Minister Narendra Modi had pinned hopes on an ambitious “Make in India†campaign to make up lost ground. With the ...
Read More »Chinese ship opens new trade route via Pak port
AP Pakistan’s top civilian and military leaders travelled to the country’s southwest on Sunday to open a new international trade route by seeing off a Chinese ship that’s exporting goods to the Middle East and Africa from the newly-built Gwadar port. The first convoy of Chinese trucks carrying goods for sale abroad has arrived in Pakistan amid tight security ...
Read More »Vietnam expects faster economic growth in ’17
Bloomberg Vietnam expects economic growth to accelerate in 2017 as it boosts domestic businesses to shield the economy from worsening global uncertainty following the election of Donald Trump as US president. “Trump’s victory adds uncertainty to international financial markets and global trade would be affected,†Vu Viet Ngoan, chairman of the National Financial Supervisory Commission, which advises Prime Minister ...
Read More »Fosun bets new tech to woo Chinese to pay up for movie
Bloomberg Fosun Group, the Chinese conglomerate that owns Club Med and Cirque du Soleil, is betting on new technology to boost its foray into the feature film industry, backing a Studio 8 Iraq war movie to be shown at five times the standard frame rate. Filmed at 120 frames-per-second, the $48 million “Billy Lynn’s Long Halftime Walk†is set ...
Read More »Traders mull supercharged Chicago-to-Tokyo network
Tokyo / AFP Some of the world’s top trading firms have agreed to build a faster data transmission network between Chicago and Tokyo, according to a person familiar with the matter, a move that would accelerate trading between two of the major centers of finance. The roster of firms in the joint venture — dubbed Go West — includes ...
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