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Dubai to host largest Indian property show from June 2

  Dubai / Emirates Business Sumansa Exhibitions brings to you an opportunity to witness the biggest and largest 18th edition of Indian biannual real estate expo in emirates at the Dubai World Trade Centre Zabeel Hall 5 from June 2-4. The expo will witness more than 150 renowned developers with a promise of over 15,000 potential visitors. With free entry ...

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Japan’s stalled retail sales delays Abe’s tax increase

Tokyo / Bloomberg Japan’s retail sales growth stalled, underscoring weakness in private consumption and increasing the likelihood that Prime Minister Shinzo Abe will delay a sales-tax increase planned for next year. Sales were unchanged in April from the previous month, a government report showed on Monday. The median forecast of economists surveyed by Bloomberg was for a 0.6 percent decline. ...

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Hindalco gains as profit doubles

  New Delhi / Bloomberg Hindalco Industries Ltd. shares surged after India’s second-biggest aluminum producer more than doubled profit in the fourth quarter and named a new managing director to lead the company. Hindalco appointed Deputy Managing Director Satish Pai from Aug. 1 to replace D. Bhattacharya, who resigns after helming the billionaire Kumar Mangalam Birla-owned company since 2003. Pai, ...

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