April, 2019

• 3 April

  Etihad Airways introduces ‘My Story’ e-book on board

  

  Abu Dhabi / WAM Etihad Airways introduced the “My Story: 50 Memories from 50 Years of Service” by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on its inflight entertainment programming. Guests on most Etihad flights will be able to enjoy reading the e-book, which relates the remarkable legacy ...

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• 3 April

  Emirates wins ‘Best First Class’ in world award

  

  Dubai / Emirates Business Emirates has been awarded Best First Class in the world at the 2019 TripAdvisor Travelers’ Choice awards for Airlines. The airline also clinched several other awards including Best Regional Business Class Middle East, Best First Class Middle East and nabbed the overall Travelers’ Choice Major Airline honour for the Middle East. TripAdvisor has awarded the world’s ...

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• 3 April

  Visitors from Japan to Dubai surpass 100,000 mark

  

  Dubai / WAM Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism, reported record growth in overnight visitors from Japan, crossing the 100,000 mark for the first time at the end of 2018. Reflecting a 15.3 percent year-on-year increase, the emirate welcomed 104,843 overnight visitors, with the robust growth underscoring efforts to further showcase the breadth of the city’s ever-expanding ...

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• 3 April

  India’s struggling power producers welcome apex court bebt ruling

  

  Bloomberg India’s power industry welcomed a top court decision to strike down central bank rules that tightened loan default guidelines, saying the move offers a sustainable financial path forward for debt-laden power producers. “The court’s order is a recognition of our argument that systemic issues can’t be fixed through mechanical means,” said Harry Dhaul, director general of the Independent Power ...

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• 3 April

  Ghosn arrest threat comes before news conference

  

  Bloomberg In another bizarre plot twist in Carlos Ghosn’s long-running legal troubles, the former Nissan Motor Co chairman may be re-arrested on fresh charges just as he was preparing to tell his side of the story. The drama surrounding the former auto czar reignited when he tweeted that he’s planning to hold a news conference on April 11 to “tell ...

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• 3 April

  Cancer treatment company plans Hong Kong IPO

  Bloomberg Hygeia, a Chinese radiotherapy equipment maker backed by Warburg Pincus, is planning a Hong Kong initial public offering that could raise about $200 million, people with knowledge of the matter said. The company, which also operates cancer treatment hospitals, aims to sell shares as soon as the second half of the year, the people said, asking not to be ...

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• 3 April

  China’s soy sauce firm explores sale

  Bloomberg Shareholders of Honworld Group Ltd are exploring a sale of the Chinese soy sauce maker, which sells products under the “Lao Heng He” brand, people with knowledge of the matter said. Owners are working with an adviser on a possible sale of more than 49 percent of the Hong Kong-listed firm, said the people, who asked not to be ...

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• 3 April

  Brookfield considers $2b Shanghai property deal

  

  Bloomberg Brookfield Asset Management Inc is planning to buy a commercial property site in Shanghai for around $2 billion, according to people familiar with the matter. Brookfield Strategic Real Estate Partners III is considering buying three office towers and a retail mall at Greenland Huangpu Center from a unit of Greenland Hong Kong Holdings Ltd., the people said, asking not ...

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• 3 April

  India ride-hailing firm Ola to target London

  

  Bloomberg Ola, Uber Technologies Inc’s biggest rival in India, said it will take on the ride-hailing giant in London before the end of the year after launching in five smaller UK cities. The Bangalore-based startup commenced operations in Liverpool last month, having established its first European business in Cardiff in August and later added Bath, Bristol and Exeter. Reading and ...

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• 3 April

  France’s 5G bill makes it tough, but not impossible, for Huawei

  

  Bloomberg If France is trying to keep Huawei Technologies Co out of its next-generation telecommunications networks, it’s doing it a lot more subtly than the US. The country’s parliament was expected to start to debate on Wednesday a bill aimed at tightening security around its 5G networks after an earlier version was rejected in February by senators for the government’s ...

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