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‘Summer Fun’ at Al Majaz pulls huge turnout of visitors

  Emirates Business Visitors to Al Majaz Waterfront in Sharjah can enjoy a host of new activities on offer, with the premier tourist and leisure destination having commenced its exciting ‘Summer Fun’ annual programme which will run every weekend (on Thursday and Friday) until the end of August. Starting on the first day of Eid Al Fitr, Summer Fun at ...

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Turkey $9bn bond rout signalled by swaps after botched coup

  Bloomberg The thwarted coup attempt in Turkey is leaving derivatives traders with little doubt the country’s three-year sojourn in investment grade is coming to an end, potentially triggering a fire sale of almost $9 billion of bonds. In the three trading days since President Recep Tayyip Erdogan survived a bid by a faction of the military to depose him, ...

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Daimler’s Mercedes sustains margins & sees boost from E-Class

  Bloomberg Daimler AG maintained the profitability of its Mercedes-Benz Cars unit in the second quarter even as it spent money to introduce a new version of the E-Class sedan, a model it said will help boost returns the rest of the year. Adjusted for special items, the return on sales was 10 percent at the division, which includes the ...

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