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UAE, Argentina have deeply rooted strategic relations

  Abu Dhabi / WAM Gerardo Zamora, Governor of Santiago del Estero, Argentina, said his country and the UAE have deeply rooted strategic ties that are advancing in many areas, including the economic, investment and commercial sectors. In an interview with the Emirates News Agency (WAM), Zamora, who is visiting the country leading a trade delegation from Argentina, stressed that ...

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Q Holding launches its operations

  ABU DHABI / WAM Q Holding PJSC, based in the Emirate of Abu Dhabi, launched on Wednesday as a leading global investment holding company, powerful business enabler and strategically astute platform redefining the future of successful, sustainable growth for stakeholders while enabling businesses to build their networks locally, regionally and globally on solid foundations of innovation. Abdulla Mohamed Butti ...

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A limited Ukraine policy might seem to be rational

Driving into Washington over the Theodore Roosevelt Bridge the other night, I looked over at the Kennedy Center, all lit up in the blue and yellow of the Ukrainian flag. For a moment I was proud: Yes, America stands with Ukraine. Then I remembered: At that moment, Russia was shelling residential areas, mothers and their children were cowering in basements, ...

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How to get groceries without using gas

Soaring inflation doesn’t only affect what consumers buy; it also dictates where they shop. As gas prices spike, some habits learned during the pandemic, including limited trips to the grocery store, are set to make a comeback. This time it won’t be to protect health but to save money. The national average gas price hit $4.32 last week, the highest ...

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There’s a silver lining for your stock market losses

  With April 5, the end of the UK tax year, fast approaching, and many investors nursing significant losses in volatile markets, now is a good time to consider what can be done to mitigate any capital gains tax (CGT) liabilities you might have. Gains in the stock market are especially amenable to careful tax planning. Unlike assets such as ...

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The Fed will matter more to investors now

  Let’s get ready for an opportunity to think less about bloodshed and suffering in Ukraine, and instead focus on the familiar confines of Wednesday’s decision on monetary policy from the Federal Open Markets Committee. For finance, it probably matters more. Anything other than a hike of 25 basis points in the fed funds rate would count as a major ...

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Amazon slams India’s Future Retail ‘fraud’ as truce talks fail

  Bloomberg Amazon.com Inc told India’s top court that truce talks to bury the dispute with cash-strapped Future Retail Ltd had failed, hours after it published newspapers notices warning the local retailer and its founders that any transfer of assets to Reliance Industries Ltd would trigger civil and criminal legal action. “We made efforts but nothing is possible,” Amazon’s lawyer ...

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Mumbai airport delays proposed dollar bond

  Bloomberg Mumbai International Airport Ltd has delayed a proposed dollar bond offering, according to people familiar with the matter, as market volatility prompts borrowers around the world to adjust their funding plans. The operator of India’s second-largest airport had said in an exchange filing in late February that it would be meeting with investors for the proposed issuance. But ...

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Russian air travel may disappear as commercial jets not serviced

  Bloomberg Russia’s commercial aircraft fleet could falter within months and risks being largely grounded in a few years as sanctions block essential spare parts from Boeing Co and Airbus SE, according to Jefferies Group LLC. “They’ll be able to fly for the next six months to a year fairly well, then parts start breaking and you’ll need replacements,” Jefferies ...

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Shanghai to divert international flights as virus spreads

  Bloomberg More than 100 international flights will be diverted away from Shanghai to other cities to ease pressure on quarantine hotels and isolation facilities in the financial hub as China battles growing pockets of Covid-19. A total of 106 flights on 22 routes will be diverted between March 21 and May 1, state broadcaster CCTV reported, citing a statement ...

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