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Chef André Gerrits wins ‘taste the world’ with Etihad

  Emirates Business This week, Etihad Airways, the global airline partner of 15 Taste Festivals across the world, brought world-class chefs to Taste of Abu Dhabi to compete in the final ‘Taste the World’ competition. On the last day of the festival, Etihad Airways’ Chief Executive Officer, Peter Baumgartner, awarded chef André Gerrits of Dutch farm restaurant ‘t Amsterdammertje with ...

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India raises cash limits as banks get $44bn in deposits

  Bloomberg India raised the limits on withdrawals and exchange of old banknotes after the government’s surprise move to ban high-denomination bills on November 8 resulted in customers across the country queuing for hours to deposit the old bills. Banks have received 3 trillion rupees ($44.4 billion) in deposits in the first four days, the finance ministry said in a ...

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‘Australia should scrap big bank notes’

  Bloomberg Australia should follow India’s lead and scrap its biggest bank notes, UBS Group AG said. “Removing large denomination notes in Australia would be good for the economy and good for the banks,” UBS analysts led by Jonathan Mott said in a note to clients on Monday. Benefits would include reduced crime and welfare fraud, increased tax revenue and ...

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