DUBAI / WAM DP World Limited handled 18.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in Q3, with gross container volumes increasing by 3.1 percent year-on-year on a reported basis and up 1.9 percent on a like-for-like basis. On a nine-month basis, DP World handled 52.2 million TEU, decreasing 2.5 percent on a reported basis ...

Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced it rolled out a company setup offer for businesses worldwide. According to DMCC, the offer provides international companies the opportunity to set up a representative office in one of the world’s leading business hubs in as little ...

US District Judge Reggie Walton has recently been forced to consider a recurring question of the Trump era: Whether to take the president seriously or literally. Walton had to decide how to treat a series of tweets from President Donald Trump announcing that he had declassified all documentation related to the FBI’s investigation in to Russian interference in the 2016 ...

“My chauffeur has difficulty parking our limousine” is the definition of a first-world problem but it’s one Mercedes-Benz was determined to solve with the latest iteration of its top-of-range S-Class saloon. The rear wheels can turn in the opposite direction to those at the front, which gives the hulking vehicle a smaller turning circle. “Wie praktisch!” (How practical!) Mercedes’s parent ...

It’s only natural to be skeptical when a political leader stands up and makes a promise about a target that’s far off, hard to achieve, and lacks a clear pathway. So one reaction to a report that Japan’s new prime minister, Yoshihide Suga, will pledge next week to reduce the country’s net carbon emissions to zero by 2050 might be: ...

Brexit optimism is in the air. The UK and the European Union have resumed trade talks after a highly theatrical fallout, promising to ramp up the speed and intensity of negotiations with a view to settling on a draft deal by next month. “An agreement is within reach,” EU negotiator Michel Barnier said last week, boosting the pound to its ...

Bloomberg The US and India are set to sign a defense agreement and boost trade ties in high-level talks that come as the South Asian nation sees its worst border conflict with China in four decades. Secretary of State Michael Pompeo arrived in New Delhi on Monday and along with Defense secretary Mark Esper will attend a 2+2 ministerial dialog ...

Bloomberg Ukrainian President Volodymyr Zelenskiy suffered a setback in local elections as his party failed to win over urban voters and saw pro-Russian forces gain in popularity. The ballot came amid a spike in new cases of Covid-19 and after a tricky first year in power, with Zelenskiy struggling to deliver on promises to stamp out corruption and end a ...

Bloomberg With the US presidential election just over a week away, Americans are still encountering disinformation and misinformation online, especially on Facebook Inc, and many believe what they read, according to a survey released on Monday. The SurveyUSA poll of more than 3,000 registered voters found that 65% reported seeing political disinformation in their Facebook feeds. A quarter of them ...

Bloomberg The Reserve Bank of India (RBI) is making longer-tenor sovereign bonds attractive again. Quantum Mutual Fund has moved to the 10-14 year segment after staying in duration of up to three years in August in its 691 million rupees ($9.4 million) Dynamic Bond Fund. UTI Asset Management Co has turned overweight on bonds maturing in up to 15 years, ...