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Abu Dhabi International Boat Show to kick off in November

  Abu Dhabi / WAM The fourth edition of Abu Dhabi International Boat Show (Adibs) will be held from November 24-27. The event is held under the patronage of His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed Bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and Chairman of Abu Dhabi Sports Council. ...

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Inflation helping Europe’s stores gain on Walmart

Associated British Foods Plc’s Primark is not the only European discounter winning over American shoppers. Research from footfall-analysis company Placer.ai shows that budget grocers Aldi Einkauf SE and German rival Lidl, part of Germany’s Schwarz Group, are gaining traction with US consumers too. This could accelerate further as inflation takes its toll on household spending. And that should worry the ...

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Sri Lanka shows folly of fringe theories

Cranks are considered cranks for a reason. That is the lesson from Sri Lanka, which has halted payments of its foreign debt and warned that it may default. The country’s ruling dynasty — led by President Gotabaya Rajapaksa and his brother, Prime Minister (and former president) Mahinda Rajapaksa — have lost most of their cabinet and parliamentary majority. Earlier this ...

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