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Brazil’s best-in-the-world stock rally masks tattered economy

Bloomberg After a disastrous 2015, Brazilian stocks and bonds are posting the biggest gains among global peers this year. Speculation that President Dilma Rousseff could soon be ousted, ending a political stalemate that has paralyzed the country, is fueling the rally. Yet, whoever steps into Rousseff’s shoes would face daunting challenges, from closing a crippling budget deficit to pulling Latin ...

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UAE restaurant industry poised for growth

Ritika Sharma / Emirates Business Casual-dining Indian restaurants are reaping good dividends in the Emirates, thanks to a huge number of Indian expats and die-hard fans of authentic Indian cuisine across the country. Despite revenue slumps in various sectors due to oil fluctuations, the industry is flourishing rapidly in the country and is expected to grow. Around 19,000 extra restaurant ...

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Communication gets more ‘instant’ in UAE

Sunaina Rana / Emirates Business Instant messaging apps have emerged as favourite tools of easy communication for business and private use in the Emirates, according to a recent survey by YouGov in association with Huawei. They help entrepreneurs to connect with their business partners, thereby enabling them to enhance operations. Sandeep Saihgal, Middle East Vice President of Huawei Consumer Business ...

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