Bloomberg On the southeast coast of Australia, a A$5.7 billion ($4.1 billion) processing plant to turn the ocean into a source of drinking water has sat idle since it was built in 2012. That could change soon. The state of Victoria will decide by April whether to switch it on, sucking water from the Bass Strait through an underground tunnel ...

Erika Lindholm In our current economic system — the linear economic system — we extract resources from our planet at an ever-increasing pace, and turn them into a product that we mostly dispose after use. From the perspective of an individual or organization, that seems efficient. However, zooming out to a global level shows how unsustainable this approach is. The ...

Our Correspondent / EMIRATES BUSINESS Elegant Resorts is certainly adding a dash of luxury in the lifestyle of the UAE residents. You just name any of the lavish destinations from the world map and they would offer you a tailor-made travel itinerary exactly matching your likings and personality. In just few months of its UAE operations, Elegant Resorts has managed ...