ABU DHABI / WAM ADNOC Distribution on Tuesday launched the pilot phase of its smart self-refueling service (ADNOC SMART) in the Emirate of Abu Dhabi, which will run until October 1 and cover four service stations on Abu Dhabi Island. ADNOC SMART also enables registered customers to benefit from a variety of innovative payment methods. The pilot phase of ADNOC …

Tokyo / Bloomberg The world’s biggest pension fund posted its best quarterly gain in a year as a rebound in stocks helped add $42 billion to the value of Japanese asset manager’s investments. The 139.8 trillion yen ($1.2 trillion) Government Pension Investment Fund (GPIF) delivered a 3.6 percent return in the three months ended December as its holdings rose by …

New Delhi / Bloomberg India’s biggest gold market was shuttered on Tuesday as jewellers in the country’s commercial capital began an indefinite strike to try to reverse a plan by Prime Minister Narendra Modi to introduce an excise tax. Jewellers in Mumbai’s Zaveri Bazaar have stopped work and want the proposal for a 1 percent levy announced in Monday’s annual …