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  Bloomberg Major wholesalers at Delhi’s largest fruit and vegetable market, which serves most of the capital’s nearly 17 million people, are planning to sell their products at bargain prices in order to move perishable stock as the impact of India’s cash shortages continues to bite. Sales are down by as much as 50 percent at Azadpur Mandi, traders said, ...

  Bloomberg Japan’s population is declining, deflation has returned, and the nation’s economy is still stuck in cycle of weak, stop-start growth. And yet, there are a number of hidden and underutilized resources that Japan could tap to try and escape this economic malaise. The Organisation for Economic Co-operation and Development notes that while demographics are against it, Japan still ...

  Bloomberg Rolls-Royce Holdings Plc will close the bulk of sites at its marine-engine and ship-design unit and shift some production to emerging economies as the lower price of crude hurts demand for oil-industry exploration and service vessels. The offshore market is showing no sign of recovery, with the outlook bleaker as the backlog shrinks, Rolls, which is better known ...

  Bloomberg Volkswagen AG lost market share in Europe for the 14th straight month since the emissions- cheating scandal erupted in September 2015, as competitors took advantage of the German automaker’s tarnished image to attract buyers. Volkswagen accounted for 24.9 percent of the region’s car sales in October, compared with 25.3 percent a year earlier, the Brussels-based European Automobile Manufacturers’ ...

  Abu Dhabi / Emirates Business HE Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy, said that economic relations between the UAE and the Republic of Turkey are undergoing a new phase of cooperation and growth. He noted that the past few months have seen the two governments advancing significantly in collaboratively achieving their common interests. The Minister ...

  Abu Dhabi / Emirates Business Abu Dhabi Art 2016 will continue to present a variety of offerings to the public at Manarat Al Saadiyat, inspiring visitors with intellectual discussions and live performances as part of a diverse arts programme taking place from November 16-19. Held under the patronage of HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of ...

  Aleppo / AFP Syrian government and Russian warplanes pounded rebel-held parts of northern Syria on Wednesday, including battered second city Aleppo, where food aid rations were all-but-exhausted after months of regime siege. The renewed bombardment has killed at least 20 people, including nine children, in Aleppo alone in the last 24 hours, and sparked anger from the United States and ...

Athens/ AFP Globalisation has brought many economic benefits to the world but needs a “course correction” to address growing inequality, US President Barack Obama said on Wednesday on his European farewell tour. Obama spoke during a visit originally planned as a valedictory lap, but which has become focused on reassuring jittery allies after the shock election victory by Donald Trump, a ...

  Abu Dhabi / Emirates Business International Petroleum Investment Company (‘IPIC’ or ‘the Group’), wholly-owned by the Government of the Emirate of Abu Dhabi, recorded an operating profit of US$ 1.43 billion for the first half of 2016, with its core energy investments producing a robust performance despite the lower oil price environment. IPIC, which invests across the energy value ...

  DUBAI / Emirates Business The digital age has drastically altered how businesses market their products. Thanks to the meteoric rise of digital solutions, marketing has now emerged as a more powerful and a resource-rich function of business. Marketing, now more than ever, is the most integral function responsible for creating and sustaining an enduring relationship with the most important ...