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Abu Dhabi’s Breakwater hosts Remote Control Boat Championships

Abu Dhabi / Gulf Time Abu Dhabi Marine Sports Club announced that the UAE Remote Control Boat Championships begins on February 4 as part of the marine sports season in the capital, Abu Dhabi. As many as 34 competitors are taking part in three categories of the tournament — 2 Cell, 3 Cell and 4 Cell for junior, novice and ...

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Tourism-starved Hong Kong to give away 500,000 air tickets

  Bloomberg Hong Kong will hand out 500,000 air tickets to bring in much-needed visitors as part of a global publicity campaign. The city’s leader John Lee announced the giveaway at the launch of the Hello Hong Kong campaign at a briefing, saying it was “probably the world’s biggest welcome ever.” Lee highlighted a number of events coming up including ...

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Bed Bath & Beyond missed interest payments on bonds

  Bloomberg Bed Bath & Beyond Inc., the financially strapped home-goods retailer, missed interest payments on its bonds, a week after receiving a default notice from lenders. The retailer failed to make payments on notes that total more than $1 billion, a spokeswoman said in an emailed statement. The default means Bed Bath & Beyond has entered a 30-day grace ...

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