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Sharjah aims to attract more Russian tourists

Sharjah / WAM The Sharjah Commerce and Tourism Development Authority (SCTDA), announced that it is aiming to attract more Russian visitors this year as an increasing number of tourists from the country continue to flock to the emirate to experience first-hand its world-renowned hospitality and unique cultural heritage. According to the 2018 figures released by SCTDA, Russian visitors, ranked second on ...

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China August exports shrink as tariff war hurts US sales

Bloomberg China’s exports unexpectedly contracted in August, with sales to the US tumbling amid the escalating trade war between the two nations. Exports decreased 1 percent in dollar terms from a year earlier, while imports declined 5.6 percent, leaving a trade surplus of $34.84 billion, the customs administration said. Economists had forecast that exports would grow 2.2 percent, while imports ...

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India space agency locates lander in moon mission: ANI

Bloomberg India located the spacecraft lander in its moon mission after losing contact with it, but was unable to establish communication yet, Asian News International (ANI) reported. The mission’s lunar orbiter took a thermal image of the lander on the moon’s surface, the report said, citing K Sivan, chairman of the Indian Space Research Organization (ISRO). The development comes a ...

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Australia mining towns leading gains in housing market recovery

Bloomberg Home prices in Australia’s mining towns are leading the recovery in the property market, accounting for nine out of the 10 suburbs with the strongest growth in median prices. The gains were led by a suburb close to the home to one of the world’s largest lead smelters, as well as a once-struggling steel city, as record-low interest rates ...

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Nissan’s chief investigator into CEO’s pay is resigning

Bloomberg The senior manager at Nissan Motor Co who led the probe into excess compensation for Chief Executive Officer Hiroto Saikawa and other executives is resigning, people with knowledge of the matter said, the latest sign of chaos engulfing the Japanese automaker’s top ranks. Christina Murray, Nissan’s vice president in charge of audit and compliance, will leave the carmaker as ...

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Wildfires destroy 17 homes in eastern Australia

Bloomberg As many as 69 active fires are burning throughout Queensland state in Eastern Australia, authorities said. “We know at this stage we have 17 homes lost,” Premier Annastacia Palaszczuk said at a press conference in Brisbane. The main area of concern is around the Stanthorpe, and particularly Applethorpe in the Granite Belt. Bruce Gunn, the state’s manager for the ...

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French ministers visit Moscow to reset ties

Bloomberg France’s foreign and defense ministers will meet their Russian counterparts on Monday in Moscow, a further step in President Emmanuel Macron’s effort to refresh relations with Russia. It’s the first such visit since 2014, and follows Russian President Vladimir Putin’s trip to Macron’s summer residence, just before the Biarritz G-7 meeting. “We’re not going to Moscow to lift the ...

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Putin party braces for verdict of angry voters in Russia polls

Bloomberg What was supposed to be a sleepy round of off-cycle regional elections on Sunday has turned into a referendum on President Vladimir Putin and his ruling United Russia party. Kremlin-backed candidates for governor are vulnerable in several regions across the country as stagnant incomes and unpopular reforms fuel discontent, while elections for Moscow’s largely toothless city council have sparked ...

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