Sunday , 25 January 2026

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WTO probes Canadian jet subsidies in Bombardier blow

Bloomberg The World Trade Organization approved Brazil’s request to investigate Canada’s alleged use of more than $3 billion in government subsidies to produce Bombardier Inc. aircraft. The South American nation began WTO consultations in February, saying Canada ran afoul of trade rules because its policies unfairly bolstered the domestic aerospace industry to the detriment of Brazilian planemaker Embraer SA. Canada …

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Wal-Mart ‘strategy’ to win over moms

Bloomberg Wal-Mart Stores Inc. has just fired a broadside in the battle for your baby’s bottom. The world’s biggest retailer is going after the new parents who typically shop at rival Target Corp. with dozens of new products for infants—including bedding and a softer, more absorbent diaper that took more than a year to design. Wal-Mart said that it’s overhauling …

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Expat remittances from UAE hit AED78bn in H1

ABU DHABI / WAM The total value of remittances by foreign workers in the UAE reached some AED78 billion during the first half of 2017, representing 48.5 percent of the total balance of payments in the country in 2016 of AED160.8 billion. The UAE Central Bank announced that the same figure reached AED40.8 billion during the second quarter of 2017, …

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