There’s been endless speculation in recent weeks about whether the US, and the whole world for that matter, are about to sink into recession. Underpinning much of the angst is an unprecedented $29 trillion corporate bond binge that has left many companies more indebted than ever.Whether this debt overhang proves to be a catalyst for recession or not, one thing …

RITIKA SHARMA / Emirates Business In a bid to woo more investors, Jebel Ali Free Zone (Jafza), the flagship free zone of Dubai and trade and logistics hub for the wider Middle East region, is all set for a system overhaul. Making visa procurement an easy task is part of this refurbishing plan and Jafza is looking forward to achieve …

Isis Almeida / bloomberg The European Union is poised to miss its sugar export quotas this season as a reduced harvest limits overseas sales, according to independent soft commodities trader Group Sopex. The EU’s 28-member nations will probably ship less than 1 million metric tons in the season that started in October, John Stansfield, a Sopex analyst, said in an …