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ABU DHABI / WAM After another successful year for tourism in Abu Dhabi, which saw a 5% year-over-year increase of American visitors, the country’s capital made a compelling case at this year’s New York Times Travel Show about why American visitors should make 2020 the year they visit Abu Dhabi. Abu Dhabi’s participation in the travel show was organised by ...

Bloomberg Passengers stuck on a cruise ship being quarantined in Hong Kong are beginning to worry that lax controls on the boat and a lack of information puts them at risk of being exposed to the deadly coronavirus. “We are in quarantine, but everyone is still walking around,” Edgar Chan, 28, said using WhatsApp. The software engineer, his sister and ...

Bloomberg Vodafone Group Plc and Cairn Energy Plc are eligible to settle a tax dispute with India’s government under a new amnesty programme, a senior government official said. The companies will need to pay their taxes by March to benefit from the interest and penalty waivers under the programme, Pramod Chandra Mody, chairman of the Central Board of Direct Taxes, ...

Bloomberg The brother of Asia’s richest man was ordered to set aside $100 million in his dispute with three Chinese banks, even as he pleaded poverty. “The value of my investments has collapsed,” Anil Ambani said, according to a London court filing by banks seeking around $700 million in defaulted loans. “My net worth is zero after taking into account ...

Bloomberg The Justice Department has abandoned its antitrust probe of four automakers that sided with California over President Donald Trump in a fight over the future of fuel economy and emissions requirements. The inquiry had targeted Ford Motor Co, Honda Motor Co, BMW AG and Volkswagen AG over their agreement last year with California regulators to voluntarily meet the state’s ...

Bloomberg Uber Technologies Inc and Postmates Inc are unlikely to put a quick stop to a landmark California law they call a monstrous threat to their business models. A judge signalled that she’s inclined to reject a request to temporarily shield the companies from Assembly Bill 5, which is aimed at converting gig-economy workers from independent contractors to employees with ...

Bloomberg Delhi voted in the bitterly contested state election on Saturday, with PM Narendra Modi’s Bharatiya Janata Party (BJP) in a tough fight to reclaim the capital region, marking the first major test at the ballot box of his religion-based citizenship law that’s spurred nationwide protests. About 14.6 million voters cast their votes to elect 70 members to the legislative ...

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, approved a decision to waive fees on various government services offered in Dubai, aimed at lowering the cost of living, facilitating the ease of doing business, and supporting investors. The waived fees include those for medical training ...

ABU DHABI / WAM FTSE Russell, the global index, data and analytics provider, on Wednesday, agreed to enter into a full index partnership with the Abu Dhabi Securities Exchange (ADX), to become its benchmark administrator for domestic equity indexes in Abu Dhabi. The signing ceremony took place at the ADX in the presence of Khalid Bin Shaiban Al Muhairi, Chairman ...

ABU DHABI / WAM Hub71 on Wednesday announced the rolling out of a new Corporate Engagement Programme and strategy to provide corporates with access to high growth startups transforming their sectors and enabling startups with access to major corporates as customers during the Technology Innovation Pioneers (TIP) Summit 2020 at New York University Abu Dhabi. The innovation team of the ...