Dubai / WAM Master developer Nakheel is kicking off the new year with the launch of Tilal Al Furjan, a new collection of 220 luxury four-and five- bedroom villas overlooking the Al Furjan master community. With spacious interiors, high quality finishing, floor to ceiling windows and an emphasis on environmental sustainability, the homes occupy an elevated position above Al ...

  There is little doubt that advanced countries in the first half of 2022 will pull back, albeit partially, on the ultra-stimulative monetary policies they have pursued for several years. What is more consequential, yet less certain, is when and how this will lead to a meaningful tightening of financial conditions and what the spillover effects will be for the ...

The biotech sector is more than 40% down from its high last February, while the major pharmaceutical firms are flush with cash. That sounds like the ideal condition for dealmaking. But what if biotech boards and shareholders want takeover bids at yesterday’s sky-high prices? A 2020 study by JP Morgan Chase & Co. analysts found that when markets fall, a ...

One of the most abundant and essential ingredients in electric vehicle batteries is beginning to experience demand pressures, showing how supply chain troubles are getting deeper and the value chain even more expensive. Tesla Inc last week signed a deal with Australian mining company Syrah Resources Ltd to procure materials from the firm’s Louisiana operations, with the raw inputs coming ...

Talks between Russia, the US and Europe have hit an impasse over Russia’s demand that Nato agree not to admit any new members. So far, the Biden administration and European leaders have rejected such terms. In so doing, they risk giving Russian President Vladimir Putin an excuse to invade Ukraine. But caving to Putin’s blackmail would be even worse. Putin ...

  Bloomberg Wizz Air Holdings Plc is scouring its European operations for planes and staff to boost UK capacity amid mounting optimism that test-free travel will spur a comeback in demand by the summer. Bookings are up as Britain prepares to scrap testing for vaccinated arrivals after the omicron variant of Covid-19 pushed Wizz to a loss last quarter. Chief ...

  Bloomberg Boeing Co. generated cash for the first time since early 2019 as rising 737 Max deliveries helped bolster company finances against mounting 787 Dreamliner losses. Wall Street was caught by surprise by the $494 million in fourth-quarter free cash flow, disclosed in an earnings statement Wednesday. Analysts had expected an outflow of about $1 billion. Boeing has also ...

  Bloomberg A new vaccine requirement for Walmart locations in Quebec has prompted calls for a boycott among some Twitter users. The protests from those opposed to Covid vaccinations, known as anti-vaxxers, follow the Canadian province’s move to bar unvaccinated patrons from entering government-run stores and large retailers — part of efforts to persuade more people to get immunized. Walmart ...

  Bloomberg New York is appealing a ruling by a Long Island judge that its mask mandate for schools and other public places is an illegal end run around the state constitution. The mask-wearing rule was issued December 10 by the state’s health commissioner at the urging of Governor Kathy Hochul, around the start of the omicron surge of the ...

Bloomberg Starbucks Corp. is asking the US labor board to overturn a ruling allowing store-by-store unionization in Arizona, where ballots were already mailed to employees last week. In a Monday filing with the National Labor Relations Board, the coffee chain sought to overturn a regional director’s ruling that deemed the employees of a single store in Mesa an appropriate potential ...