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BLOOMBERG The longest losing streak in Singapore residential prices in 17 years may prompt the government to take its foot off the brakes and relax some property curbs this year, the city-state’s second-biggest developer said. Kwek Leng Beng, the billionaire executive chairman of City Developments Ltd., which built luxury condominiums such as the St. Regis Residences near the Orchard Road ...

Atlanta / Bloomberg Hilton Worldwide Holdings Inc. said it will spin off its lodging properties and timeshare business into separate publicly traded companies in a bid to boost shareholder value as the world’s largest hotel operator faces increased competition. About 70 of the company’s 146 owned and leased properties — mainly the U.S. hotels — will be spun off into ...

Relaxnews Milan Fashion Week was marked by catwalk shows, including a vibrantly colorful autumn/winter preview from Fendi. As usual, elegance and fur were firmly on the agenda, but Karl Lagerfeld and Silvia Venturini Fendi brought a cool, funky vibe and a fresh feel to this season’s collection. The show’s funky undertone was felt even before the first models took to ...

Relaxnews With the Baselworld watch and jewelry fair set to open in Basel, Switzerland on March 17, the Swiss watchmaker has previewed the ‘Lady KonTiki Diver,’ a stylish and sporty women’s diving watch. It’s also Eterna’s first new “KonTiki” ladies’ watch in 23 years. The ‘KonTiki’ watch was launched in 1958, inspired by a historic Pacific crossing. In fact, the ...

Milan/ AFP Prada’s answer to stagnating sales was unveiled with a handbag-heavy Fall-Winter collection that the company’s executives hopes will spark a revival in the fashion heavyweight’s flagging fortunes. Miuccia Prada’s latest offering had a post-War feel about it with sailor or nurse-style white caps abounding alongside cape-shaped coats and pencil skirts designed to emphasise the slender waists of more ...

Abu Dhabi / Emirates Business The USA, UK, Australia, Singapore and Germany are the top five destinations for UAE residents looking to invest in property overseas, according to a YouGov survey commissioned by IP Global, a leading full-service property investment company. When asked where they would consider investing in property abroad, the US topped the list, with 21% saying they ...

Emirates Business The Hamdan Bin Mohammed Smart University (HBMSU) has commenced preparations to launch Quality and Business Management Conference under the theme ‘Business Innovation: Imperative for Knowledge Economy.’ This will take place on the sidelines of the ‘Innovation Arabia 9 – Annual Congress 2016, which will be held with the theme ‘Accelerating Innovation Towards Sustainable Economy’ under the patronage of ...

Dubai / Emirates Business In a one-of-its-kind initiative, a major retail player in the region is encouraging its shoppers to leave their cars at home and instead use public transport to reach its premises. This is the green gesture of Majid Al Futtaim to support Dubai Municipality’s annual car-free day. Majid Al Futtaim’s Mall of the Emirates, City Centre Deira, ...

ALKESH SHARMA / EMIRATES BUSINESS Emphasising upon the economic benefits of the integration of Unmanned Aerial Systems (UAS) in different industries, Emirates capital is all set host the much-awaited Unmanned System Exhibition (UMEX 2016) next month. Keeping pace with the forefront of industry innovations and market requirements – UMEX 2016 will be a standalone show that will feature live flying ...

Emirates Business The new Lincoln MKX is all set to roll on UAE roads. The vehicle is now available at the Al Tayer Motors — the official importer-dealer in Dubai and the Northern Emirates — and at Premier Motors, the official dealer in Abu Dhabi. The entirely-new MKX is a vehicle that combines thoughtful and elegant design with a safe, ...