Abu Dhabi / WAM Aldar Properties launched the third cycle of its Manassah programme — a six-month incubator, aimed at cultivating entrepreneurial talent and advancing retail concepts in the UAE to become part of Aldar’s thriving retail portfolio. The programme is held in partnership with startAD, the global startup accelerator powered by Tamkeen and anchored at NYU Abu Dhabi. ...

Is detente still a dirty word? I hope not. We may soon need it. Back in the 1970s, that little French duosyllable was almost synonymous with “Kissinger.” Despite turning 99 last month, the former secretary of state has not lost his ability to infuriate people on both the right and the left — witness the reaction to his suggestion at ...

Consider, if you will, a scenario where Foxconn Technology Group enjoys margins three times fatter than Apple Inc. That may be hard to imagine because the developer of iPhones is one of the largest companies in the world, earning close to $100 billion annually, while the one that makes those devices brings in 5% of that. But this was once ...

The road to Hambantota may be paved with Chinese money, but its value is up for debate — now more than ever. Set among the soft, green rice paddies and coconut palms of Sri Lanka’s deep south, Hambantota is best known as the stronghold of the nation’s Rajapaksa clan, who have spent years using borrowed money to build monuments to ...

  The Federal Reserve, the European Central Bank (ECB) and the Bank of England all preside over inflation rates that have surged to quadruple their 2% targets. One of their brethren is highly skeptical of their chances of success in calming price increases. It may turn out that they’ve been lucky rather than good in achieving price stability in recent ...

  Bloomberg India plans to slash the production costs of green hydrogen to $1 a kilogram from $5-$6 currently to encourage industries to use cleaner energy and wants access to cheaper loans to help fund that transition, a senior government official said. The world’s third-largest carbon emitter put out a roadmap in February to become a hub for the production ...

  Bloomberg President Joe Biden’s commerce chief said it “may make sense” to lift tariffs on some goods as a way to tame the hottest inflation in almost four decades. “Steel and aluminum — we’ve decided to keep some of those tariffs because we need to protect American workers and we need to protect our steel industry; it’s a matter ...

Bloomberg Apple Inc supplier BYD plans to begin commercial production of iPads this month in northern Vietnam after a trial run started in May, according to a provincial government official. The production of the tablets is a boost for a country expected to benefit as electronics manufacturers seek alternatives to China. “The factory has been running a trial phase since ...

  Bloomberg Carro, one of Southeast Asia’s biggest online marketplaces for used cars, has agreed to buy a 50% stake in Indonesian automotive financing and rental company MPM Rent for S$75 million ($54.5 million) to expand in the world’s fourth most populous country. The deal will lead to a strategic partnership between Carro and PT Mitra Pinasthika Mustika Tbk, which ...

  Bloomberg Ample rice reserves in India, the world’s biggest exporter of the food staple, and expectations for bountiful monsoon rains should allay concerns about the possibility of any “drastic” measures to curb exports, according to National Commodities Management Services Ltd. Global markets are fretting that rice may be next on the agenda after India restricted wheat and sugar exports. ...