March, 2016

• 14 March

  Juneyao Air to double fleet as Disney lands in Shanghai

  

  Bloomberg Juneyao Airlines Co. aims to double its fleet by 2020, expecting the mid-year opening of Disney’s Shanghai park and more tourist travel to further drive flight demand as the privately run Chinese carrier considers joining a global alliance. “The potential for growth is huge,” Chairman Wang Junjin told reporters Sunday on the sidelines of the National People’s Congress in ...

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• 14 March

  Nomura’s pay hike for 3,700 employees at Japan brokerage

  

  Bloomberg Nomura Holdings Inc. will raise salaries for employees at its Japanese retail brokerage for a third year. Base pay for about 3,700 workers at the Nomura Securities Co. unit will climb an average 2 percent starting in April, Kenji Yamashita, a spokesman for the Tokyo-based firm, said on Monday by phone. The increase targets younger employees in an effort ...

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• 14 March

  Rusty jets on tarmac show India baron’s fallen empire

  

  CHENNAI / Bloomberg In an airfield in southern India, seven planes of the failed Kingfisher Airlines Ltd. rust away — relics of a former billionaire’s ambition and emblems of the complex regulations that hamper Indian aviation. The decaying aircraft, damaged by floods in Chennai late last year, were part of the fleet of India’s once second-largest airline. As authorities try ...

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• 14 March

  Celebrating womanhood, the healthier way

  

  Emirates Business Traditional Chinese Medicine Clinic Beijing TongRenTang is celebrating womanhood this month with a host of exclusive services and treatment packages. In its two comprehensive centres, the clinic has the secret to a healthier life, naturally. Pregnancy or motherhood can be a tumultuous time with a mix of new feelings of excitement, anticipation, and worry. TongRenTang (TRT) helps keeping ...

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• 14 March

  Turning trash into treasure

  

  AFP For 30 years, sanitation worker Nelson Molina kept New York clean —and in the process found beauty in other people’s garbage, rescuing enough condemned items to fill a warehouse. On the second floor of a sanitation truck depot in East Harlem, he has amassed an astonishing collection of thousands of objects once chucked in the bin but now lovingly ...

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• 14 March

  Adding sustainability quotient to agriculture

  

  ALKESH SHARMA / EMIRATES BUSINESS Popularly known as ‘Green Man’, Sudhakar Tomar is constructively supporting agri-business sectors in Middle East, India and Africa for the last over a decade. Based in Dubai Multi Commodities Centre (DMCC), a free zone authority for the JLT Free Zone, Tomar is ensuring that investments in agriculture sector are not only socially and economically sustainable ...

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• 14 March

  It’s all about precise technology!

  

  OUR CORRESPONDENT / EMIRATES BUSINESS Canon Middle East, with its headquarters in Dubai, is treating this region with its cutting-edge imaging solutions and video capturing wonders at frequent intervals. Over the years, this brand has made its niche in the burgeoning technology market of the UAE. Recently it has taken the video capturing to newer and greater heights by launching the ...

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• 13 March

  Nakheel woos investors with AED4bn plan

  

  DUBAI / WAM UAE master developer Nakheel , creator of some of the world’s most famous landmark real estate projects, is targeting European investors with a diverse range of products worth AED 4 billion (€1 billion) as it attends MIPIM, the world’s largest real estate event, for the first time. Investment opportunities include around 100 land plots for commercial, residential ...

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• 13 March

  TCA plans to beckon Europeans

  

  ABU DHABI / WAM Abu Dhabi will highlight its tourism credentials as a destination of distinction when a delegation, led by Abu Dhabi Tourism and Culture Authority, TCA Abu Dhabi, embarks on a roadshow to four European countries in four days. In a bid to build on impressive numbers of inbound tourists from the continent, the delegation will visit Milan, ...

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• 13 March

  Dubai stocks advance most in Mideast as ECB spurs ‘appetite’

  Bloomberg Dubai stocks advanced the most among Middle Eastern equities as the European Central Bank’s monetary stimulus boosted demand for emerging-market assets, adding fuel to bullish sentiment in the emirate. The DFM General Index climbed 1.4 percent to 3,401.03, extending four weeks of gains, the longest streak since April. Emirates NBD PJSC, the emirate’s biggest lender, added 4.6 percent to ...

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