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Marka opens second Harper’s Bazaar Café in Dubai

  Dubai / Emirates Business Marka PJSC (DFM: MARKA), the first public joint stock retail operator in the UAE, is expanding its hospitality portfolio in partnership with Hearst Magazines International, with a second launch of the popular Harper’s BAZAAR Café located at CITY WALK Dubai. Elegant in concept, Harper’s BAZAAR Café is at the heart of Marka’s hospitality expansion plans. ...

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McDonald’s sues Florence for $20mn over site refusal

  Rome / AFP Hard on the heels of stoking anger over plans to open a restaurant in the Vatican, McDonald’s has filed a $20-million lawsuit against Florence for blocking a proposed outlet in the city’s most revered square. The US fast-food chain said it was claiming 17.8 million euros ($19.65 million) in damages after the city rejected an application ...

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India plans masala bond sale to build roads

  Bloomberg India plans to sell as much as 50 billion rupees ($750 million) of offshore rupee bonds in London and Singapore and use the proceeds to accelerate construction of roads and ports in Asia’s third-largest economy. State-owned National Highways Authority of India will raise the funds, Transport Minister Nitin Gadkari said, adding that the masala bonds are expected to ...

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