Bloomberg UK mall landlord Intu Properties Plc may struggle to continue operating due to high debts and plunging asset values, its auditors warned. Intu shares declined as much as 16% last week, bringing their loss for the year to 83%. Its unsecured bonds due in 2022 fell 7 pence on the pound to 30 pence, the lowest level on record, ...

Bloomberg Venezuela will temporarily suspend flights from Panama and the Dominican Republic, essentially cutting off the nation from most of the world, Information Minister Jorge Rodriguez said. Flights from Europe and neighboring Colombia were already suspended earlier this week, narrowing the country’s remaining air connections to about a handful, including Turkey and Cuba. Rodriguez pleaded with Venezuelans to remain home ...

Sharjah / WAM The Sharjah Commerce and Tourism Development Authority (SCTDA), revealed that the emirate recorded a three percent growth in the number of hotel guests in 2019 as compared to 2018. The emirate welcomed approximately 1.8 million guests last year with a hotel occupancy rate of 66 percent. Guests from the Russian Federation topped the list, followed by GCC ...