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Visitors from Japan to Dubai surpass 100,000 mark

Dubai / WAM Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism, reported record growth in overnight visitors from Japan, crossing the 100,000 mark for the first time at the end of 2018. Reflecting a 15.3 percent year-on-year increase, the emirate welcomed 104,843 overnight visitors, with the robust growth underscoring efforts to further showcase the breadth of the city’s ever-expanding ...

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India’s struggling power producers welcome apex court bebt ruling

Bloomberg India’s power industry welcomed a top court decision to strike down central bank rules that tightened loan default guidelines, saying the move offers a sustainable financial path forward for debt-laden power producers. “The court’s order is a recognition of our argument that systemic issues can’t be fixed through mechanical means,” said Harry Dhaul, director general of the Independent Power ...

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Ghosn arrest threat comes before news conference

Bloomberg In another bizarre plot twist in Carlos Ghosn’s long-running legal troubles, the former Nissan Motor Co chairman may be re-arrested on fresh charges just as he was preparing to tell his side of the story. The drama surrounding the former auto czar reignited when he tweeted that he’s planning to hold a news conference on April 11 to “tell ...

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