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RTA opens main bridge leading to Expo 2020 site

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has opened on Saturday a main bridge at the intersection of Expo Road and Al Asayel Street. The bridge is a part of Phase 5 of the roads network leading to Expo site. The completion rate of this phase has exceeded 50 percent, and construction will complete this June. “RTA has ...

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Dafza to showcase premium services to F&B sector at Gulfood

Dubai / Emirates Business Dubai Airport Freezone Authority (Dafza) announced its participation in the 24th edition of Gulfood, which is taking place at Dubai World Trade Center between February 17-21, under the theme “The World of Good, The World of Food”. Dafza is one of the UAE’s biggest supporters of the Halal food industry, and will highlight its efforts to ...

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India should call a truce in its US trade conflict

US and Indian officials met in New Delhi last week for what promises to be a tetchy summit. The trade relationship between their countries has never been easy. The fact that India has a $22-billion trade surplus with the US — despite running a deficit with many of its other major trading partners — is particularly annoying to the Trump ...

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Japan’s economy isn’t hopeless

Stop seeing Japan as a wasteland. The country’s economy, the world’s third largest, still matters. Japan isn’t stuck in a hopeless demographic-driven hole without escape. Rather, the three decades since the Bubble burst have had their ups and downs. Look at the fourth-quarter gross domestic product numbers. They aren’t brilliant; they aren’t terrible. What makes them interesting is their ordinariness: ...

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Apple doesn’t need to remake video to succeed at it

In Apple Inc.’s effort to become more than the iPhone company, it has become savvier about pitching people apps, started a digital music subscription, and created an app for reading news. Apple is still the iPhone company despite those tactics. But consumers don’t have to wait long to see the next steps in Apple’s attempted transformation. Among the company’s coming ...

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Trump, Xi hail progress in trade talks as tariff deadline nears

Bloomberg President Donald Trump hailed progress made in trade talks with China this week, saying he may extend a tariff truce and take steps to sell a potential deal with opposition lawmakers. Trump’s comments signal the two sides may be approaching a deal after two days of high-level talks in Beijing. The two countries said they are working towards an ...

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Go-Jek fields bank pitches amid $3bn funding campaign

Bloomberg Go-Jek, Indonesia’s most valuable startup, is choosing an adviser to help with fundraising as it expands rapidly in the competitive Southeast Asian ride-hailing industry, people with knowledge of the matter said. The firm recently asked investment banks to pitch for a role working on its ongoing financing round,. Go-Jek could seek to bring in as much as $2 billion ...

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Rate-cut fervour sees funds favouring India’s short bonds

Bloomberg India’s shorter-maturity bonds are set to outperform as traders boost the odds the central bank may cut interest rates again as soon as its April meeting. That’s one of the reasons asset managers such as DHFL Pramerica Asset Managers Pvt. and HDFC Standard Life Insurance Co. favor the front-end of the yield curve. At the same time, escalating concern ...

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