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Sharjah / Emirates Business Signaling a groundbreaking achievement for the UAE and the Arab world, Sharjah has been crowned with the prestigious ‘World Book Capital’ title for 2019 by United Nations Educational, Scientific and Cultural Organisation (UNESCO). The honour is a recognition of the emirate’s pioneering role in supporting and expanding the local and regional publishing industries, promoting reading to ...

Dubai / Emirates Business The Gulf Education and Training Exhibition (GETEX), the leading student recruitment platform in the Middle East and Asia, is set to return with its autumn edition to support higher education providers in student recruitment for their Fall 2017 and Spring 2018 sessions. Held under the patronage of the UAE Ministry of Education, GETEX Autumn 2017 will ...

Bloomberg India’s new goods and services tax will spark a flood of litigation on everything from which tax brackets companies fall into to the revenue they generate, some of the country’s top lawyers predict. The complex nature of India’s GST — which has four tax brackets ranging from five percent to 28 percent — is bound to attract thousands of ...

Bloomberg Cotton output in India, the world’s biggest grower, may increase to a three-year high as some farmers plant more of the fiber on better returns compared to other crops. Production will probably climb to 37.5 million to 38 million bales in the harvesting season starting Oct. 1, from 34.1 million bales a year earlier if the monsoon is normal ...

Bloomberg The earliest indicators for China’s economy in June signal that the manufacturing sector may be poised to decelerate, while other challenges loom in the second half of this year. Small- and medium-sized enterprises showed the lowest level of confidence in 16 months, a gauge of manufacturing drawn from satellite imagery slumped, and conditions in the steel business remained lackluster. ...

Bloomberg Google lost its biggest regulatory battle yet, getting a record 2.4 billion-euro ($2.7 billion) fine from European Union enforcers who say the search-engine giant skewed results to thwart smaller shopping search services. Alphabet Inc.’s Google has 90 days to “stop its illegal conduct” and give equal treatment to rival price-comparison services, according to a binding order from the European ...

Bloomberg Old-school rental-car agencies may have a road map to prosper in the age of self-driving taxis after all. Avis Budget Group Inc. agreed to manage a fleet of 600 self-driving Chrysler minivans for Alphabet Inc.’s Waymo autonomous technology division. In addition, Hertz Global Holdings Inc. will lease Lexus sport-utility vehicles to Apple Inc., which will convert them to self-driving ...

Bloomberg Stada Arzneimittel AG’s months-long sale process unraveled as a small group of the German drugmaker’s investors held out for a better deal than the 5.3 billion-euro ($5.9 billion) offered by two private equity firms. Only 65.5 percent of the shares were tendered in Bain Capital and Cinven’s offer by the Thursday deadline, Bad Vilbel, Germany-based Stada said in a ...

WASHINGTON / Reuters The White House warned Syrian President Bashar Al Assad that he and his military would ‘pay a heavy price’ if it conducted a chemical weapons attack and said the United States had reason to believe such preparations were underway. The White House said in a statement the preparations by Syria were similar to those undertaken before an ...

Bloomberg US President Donald Trump warned Indian Prime Minister Narendra Modi his country must do more to reduce obstacles to U.S. exports even as he offered thanks for recent purchases of American-made equipment. Trump said at a joint public appearance with Modi after the leaders met at the White House that their two countries must have “a trading relationship that ...