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Expo Centre Sharjah all set to host SteelFab2023

  Sharjah / WAM Expo Centre Sharjah (ECS) has announced the completion of all preparations for the 18th edition of the SteelFab (SteelFab 2023) exhibition, the largest event of its kind in the Middle East and North Africa region. The event is organised by ECS, with the support of the Sharjah Chamber of Commerce and Industry (SCCI), from January 9-12. ...

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More flight delays as Manila airport reels from tech glitch

  Bloomberg The Philippines’ main airport was expected to have flight delays on Tuesday as airlines reel from a technical glitch on New Year’s Day that stranded thousands of passengers and caused a backlog at the flag carrier that could take weeks to clear. Operations at the Ninoy Aquino International Airport in the capital region are expected to fully normalise ...

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Aldi records its best Christmas shopping season yet in Britain

Bloomberg German discount supermarket chain Aldi recorded its best Christmas shopping season yet in the UK as the squeeze on living conditions led British consumers to save money on groceries. The retailer’s sales topped £1.4 billion ($1.67 billion) in December, 26% higher than the year before, also helped by purchases during the football World Cup. With food price inflation at ...

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China vows to hit back at nations imposing Covid-19 travel curbs

  Bloomberg China said it would hit back at nations that placed Covid restrictions on its travellers for “political goals,” showing the coronavirus remains a politically sensitive subject in Beijing even as it lets the virus run rampant. “We believe that some countries’ entry restrictions targeting only China lack scientific basis and some excessive measures are unacceptable,” Foreign Ministry spokeswoman ...

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Charter flight operators seek enforcement against violators

  Bloomberg Within months of a 2008 fatal plane crash that killed five, federal authorities revoked the license of the Oklahoma company that arranged the charter flight for allegedly doing so illegally. But Interstate Helicopters Inc won back its certificate to fly commercially early the next year and has kept it despite multiple subsequent violations of aviation regulations, a guilty ...

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Spain imposes Covid-19 curbs on China arrivals

  Bloomberg Spain will require passengers arriving from China to provide a negative Covid test or a certificate proving full vaccination amid increasing concern about a renewed surge of the virus. The government in Madrid also wants a European Union crisis-response meeting at which the bloc should agree to demand evidence of full vaccination from Chinese arrivals, Health Minister Carolina ...

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Rolex gets more expensive in UK, US

  Bloomberg Rolex SA raised prices in the US and UK by an average of about 2.5%, the latest increases for the top Swiss watch brand, according to analysts at Barclays. The price of the most popular Rolex models rose between 1% and slightly more than 3% in both the UK and the US in the start of this year, ...

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Fear of global gas crisis eased by warm start to winter

  Bloomberg A warmer-than-expected start to winter across large parts of the world is rapidly easing fears of a natural gas crisis that had been predicted to trigger outages and add to pressure on power bills. Forecasts point to temperatures above seasonal norms for most of Europe in the next two weeks, while the US expects better weather through mid-January. ...

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Asia factories under pressure over slowing global demand

  Bloomberg Asia’s manufacturers remained under pressure in December as activity continued to contract under the weight of slowing global demand. Several purchasing managers indexes were in negative territory across the region. The S&P Global PMI reading for Vietnam fell to 46.4 from 47.4 in November, its lowest reading since September 2021. A reading above 50 indicates expansion from the ...

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Malaysia aims to finalise review of its 5G rollout

  Bloomberg Malaysia expects “some kind of finality” in its review of the 5G mobile services contract by this quarter, said Communications Minister Fahmi Fadzil, amid fears that it would delay the rollout of the high-speed network. The government’s concerns with the 5G services range from the contracts signed to the speed that the network is being deployed, Fahmi said ...

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