Blog Layout

Air Miles undergoes digital revamp

  Emirates Business Air Miles — the region’s leading loyalty programme — has transformed its entire platform to digital, creating a sophisticated, user friendly app and website to make Air Miles more convenient and valuable to customers and business. The app, Air Miles ME, is available on Android and iOS and can be used when shopping with Air Miles partners ...

Read More »

Nissan cuts carbon emissions by 22.4pc

  DUBAI / Emirates Business Nissan Motor Co., Ltd. published its annual Sustainability Report showing that the global automaker’s carbon dioxide (CO2) emissions have fallen by 22.4% over the past decade. Nissan’s success in reducing emissions, promoting zero-emission vehicles and saving energy at its facilities has made it the highest-performing automotive company tracked by the Carbon Disclosure Project, which works ...

Read More »

Tickets on sale for Emirates Airline Dubai Rugby Sevens 2016

  DUBAI / Emirates Business Tickets for the sporting and social event of the year are now on sale. The Emirates Airline Dubai Rugby Sevens will take place on December 1-3 at The Sevens Stadium. Over 100,000 fans and 4,000 players are expected. Now in its 47th year, the long-awaited three-day annual rugby festival will see Olympic sporting heroes take ...

Read More »

Bad loans surge under Rajan-led clean up

  Bloomberg India is due to announce a successor to central bank Governor Raghuram Rajan. To get a sense of what traders expect, look at bank stocks. The NSE Nifty PSU Bank Index, which comprises 12 state-owned lenders, has rallied 21 percent over the past two months, as speculation about Rajan’s exit intensified. That compares with about a 10 percent ...

Read More »

Steel in China climbs to 10-week-high

  Bloomberg Steel prices in Shanghai rallied after a local government in China’s top producing province ordered mills to restrict output at a time when inventories have shrunk to at least a six-year low. Steel reinforcement-bar, a benchmark product in the construction industry, for October delivery climbed as much as 5.5 percent to 2,563 yuan (US$383) a metric ton on ...

Read More »

BYD loses US$270mn electric bus order

  Bloomberg BYD Co said a Chinese bus operator canceled a major portion of a 1.8 billion yuan (US$270 million) order for electric buses after adjusting its traffic capacity. Shenzhen Western Bus Co. terminated an order for 2,228 electric buses, out of a total of 2,919 vehicles, after awarding the tender to a BYD unit, the automaker said in a ...

Read More »

Pokemon Go developer plans wider debut soon

  Bloomberg  Pokemon Go’s global rollout is being held back by the unexpected popularity of the game, which has shot to the top of download charts since it debuted less than a week ago. Niantic Inc, which developed Pokemon Go with Nintendo Co and Pokemon Co, is working to boost server capacity in order to keep up with data traffic ...

Read More »

Chile forecasts 2nd-biggest fiscal gap in a quarter century

  Bloomberg Chile’s government cut its forecast for growth this year and predicted the second-largest fiscal deficit in the 25 years after the unemployment rate jumped to a five-year high and mining revenue slumped. Gross domestic product will expand 1.75 percent, compared with the 2 percent forecast in March, Finance Minister Rodrigo Valdes told the Senate. The fiscal deficit will ...

Read More »
Send this to a friend