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DFC to launch new global attraction for Dubai

  Dubai / Emirates Business Dubai Festival City (DFC), an Al Futtaim group development, has announced a first-of-its-kind attraction set to open in a matter of weeks. The innovative and spectacular multimedia show located within the unforgettable stage of Festival Bay, will bring together elements such as light, water and fire to dramatic effect. With the final stages of development ...

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UK cabinet remains split on paying to access EU

  Bloomberg Foreign Secretary Boris Johnson exposed fresh divisions in the UK government by declining to endorse a new proposal that Britain should consider paying the European Union for continued access to its markets after Brexit. In a series of television interviews on Sunday, Johnson steered clear of echoing Brexit Secretary David Davis and Chancellor of the Exchequer Philip Hammond, ...

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$38bn Finnish fund moves assets to US as Europe founders

  Bloomberg One of the Nordic region’s biggest asset managers is adjusting its portfolio to reflect a lack of confidence in Europe and a growing faith in the prospects of a US boom. Ilmarinen, a Finnish pension fund that oversees about 36 billion euros ($38 billion) in assets, plans to adjust its investments so it’s no longer underweight the US, ...

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