Bloomberg India has more than doubled the amount of coal small and medium companies can buy as the country aims to boost domestic sales of the fuel to reduce a glut. The cap was raised to 10,000 metric tons a year, from 4,200 tons set almost nine years ago, the coal ministry said in a notice. The new guidelines ...
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Takata airbag in deadly Malaysia crash was faulty, reveals Honda
Kuala Lumpur / AFP An airbag made by Takata — the Japanese firm at the heart of the auto industry’s biggest-ever safety recall — ruptured after a crash in Malaysia which killed the driver, Honda said on Wednesday. “Honda has confirmed that the Takata single stage driver’s airbag inflator ruptured in a crash… in Malaysia” the carmaker said in ...
Read More »StanChart faces probe into ‘bribery’ in Indonesia
JAKARTA /Â AFP An Indonesian power company said on Wednesday it had removed its founders last year and takes seriously allegations of “improper behaviour” after revelations US justice officials are probing Standard Chartered over suspected bribery at the firm. London-based, Asia-focused Standard Chartered, which controls the MAXpower Group, acknowledged it was being investigated by the US Department of Justice over ...
Read More »Uber starts food delivery in Japan after ride-share stumbles
TOKYO / AFP Uber, which has struggled to win Japan over to its ride-sharing service, is hoping to fare better with takeout deliveries. UberEats opens Thursday, initially just in central Tokyo, ranging from simple dishes costing just hundreds of yen to Michelin-star dining at the equivalent of hundreds of dollars. Delivery is free at first, although fees are expected ...
Read More »Tourists flee volcano at popular Indonesia hiking spot
Sembalun / AFP Hundreds of tourists have fled a volcanic eruption at a popular Indonesian hiking destination, an official said on Wednesday, expressing fears some may have stayed behind to document the natural wonder. Around 1,000 tourists, including about 600 foreigners, were believed to be in the area when Mount Barujari sent columns of ash and smoke shooting high ...
Read More »Ajman eyes tourism, biz growth with China ties
Ajman / Emirates Business A Memorandum of Understanding (MOU) to promote tourism growth in the emirate and enhance business opportunities was signed between the Ajman Tourism Development Department (ATDD) and Gulf Chinese Trading Corporation. HE Faisal Al Nuaimi, General Manager of ATDD and Feng Luo, General Manager of Gulf Chinese Trading Corporation, operator of Ajman China Mall signed the ...
Read More »Emirates NBD backs financial programme for people with disabilities
Dubai / Emirates Business Emirates NBD, one of the leading banking groups in the region, is partnering with Integreat Center, a newly founded educational institution for young adults with disabilities, to fund their ‘Money Management’ programme, aimed to teach students with disabilities about financial literacy and enable them to further their financial independence. Under its Together Limitless platform, the ...
Read More »Dubai Culture to mark a decade of success
Ajman / Emirates Business Dubai Culture and Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, will be celebrating a decade of success with the 10th edition of the Dubai Festival for Youth Theatre. The upcoming festival, which will run for 10 days from the October 22 to 31, is expected to attract a significant ...
Read More »Al Qattara Arts Centre takes part in Al Ain Book Fair
Al Ain / Emirates Business Al Qattara Arts Centre, operated by Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) as a creative arts hub and gallery in Al Ain’s historic Al Qattara fort, is contributing to Al Ain Book Fair (AABF) with a wide range of cultural and arts activities. Highlights of the Al Qattara Arts Centre Pavilion ...
Read More »du demonstrates e-SIM for first time in ME
Dubai / Emirates Business UAE-based telecommunications service provider, du, demonstrated e-SIM for the first time in the Middle East, in collaboration with Gemalto, the world leader in digital security. Demonstrated during a roundtable held on Wednesday at the Grand Midwest Hotel in Media City, the e-SIM initiative will enable du’s subscribers to activate the e-SIM on any device over ...
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