Bloomberg China is discussing a plan to cut tariffs on plane parts imported for domestically developed commercial aircraft, a person familiar with the matter said, a move that may also benefit suppliers such as General Electric Co. and Honeywell International Inc. The Finance Ministry proposal, being reviewed by the State Council, could win approvals in a few weeks, the person ...

Bloomberg Black Friday is now possible from the comforts of your living room — but only if retailers’ websites are functioning properly. Some frustrated shoppers are finding that’s not the case. In a year when digital sales are soaring, several big-name chains have reported issues with their online shopping systems. J Crew reported on Twitter that it was experiencing “some ...

Bloomberg Canada’s newest player in the aircraft leasing business is ready to flex its muscles. Almada Inc., a Toronto-based private equity firm, is looking to buy as many as 10 additional aircraft for its new leasing fund after acquiring its first five planes. Having raised $80 million ($61 million) from wealthy individuals earlier this month, it has commitments for another ...

Bloomberg During the holiday shopping frenzy that grips America every year, the handbag wars descend upon midtown Manhattan with unbridled fury. Specifically, the largest department store in the country: the Macy’s flagship. The behemoth opens its doors on Thanksgiving afternoon to thousands of shoppers, and the first thing they see are the bags. Employees on the front lines brace for ...

Bloomberg Amazon.com Inc. employees in Europe protested warehouse working conditions, some using the slogan “we are not robots”, in another challenge for the world’s biggest online retailer heading into its busiest time of year. Workers in Germany, Spain, and France walked off the job at Amazon fulfillment centres on Black Friday, one of the busiest online shopping days of the ...

Abu Dhabi / WAM The UAE Cabinet approved long-term visa system for investors, entrepreneurs, specialised talents and researchers in the fields of science, knowledge and outstanding students to facilitate business and create an attractive and encouraging investment environment for the growth of business for investors, entrepreneurs and professional talents. The decision of the Cabinet follows the previous decision approved earlier ...

Abu Dhabi / WAM “To treat every person, no matter what his creed or race, as a special soul, is a mark of Islam.” HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, picked these golden words from one of the late Sheikh Zayed’s sayings, which he believes, every citizen should, memorise and live by. ...

Dubai / WAM The Dubai Land Department (DLD), the main sponsor of “RecExpo 2018,” has organised the fourth edition of the event in the capital of Azerbaijan, Baku. The three-day event complements the local economy in Azerbaijan and the growing demand for foreign investment. The RecExpo is considered the only international real estate exhibition to be held in Azerbaijan, witnessing ...

Abu Dhabi / WAM The Ministry of Tolerance organised the Communities Forum in Abu Dhabi concluding the specialised forums held during the National Tolerance Festival under the theme “On Zayed’s Approach”. The Forum was attended by more than 70 public personalities of community leaders and ambassadors of sisterly and friendly countries, along with business leaders, investors, thinkers and clergymen, members ...

Emirates Business The Federal Tax Authority (FTA) asserted that the digital system for the tax refunds for tourists scheme has achieved notable success since it came into effect, noting that FTA officials were present at the Abu Dhabi, Dubai, and Sharjah international airports — the ports of entry included in the first phase of the project — to verify that ...