DUBAI / WAM The UAE Government Media Office announced the success of the third edition of the “World’s Coolest Winter” campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on December 2022, in Al Zorah Natural Reserve in Ajman. The campaign promoted tourism, natural sites and ...

BLOOMBERG Supply chains across the world are healing up almost as fast as they broke down. That doesn’t mean the pressure they’re exerting on inflation will disappear as quickly. Take the cost of shipping containers. Spot rates from Asia to the US West Coast increased more than 15-fold during the pandemic and have since returned to pre-Covid levels as trade ...

BLOOMBERG American Car Center told employees the business was closing its doors, a day after it pulled a $222 million bond sale from the market, according to people familiar with the matter. The used car retailer, which tends to target consumers regardless of their credit history, said in an email to employees the firm was ceasing all operations, closing its ...