Masonry Layout

  Bloomberg Oyo Hotels, the once high-flying Indian startup, is reviving plans for a stock-market debut after cost cuts and a recovery in travel helped it reduce losses. The hotel-booking company filed fresh financial documents and is now targeting an initial public offering in early 2023 provided that India’s stock market continues to hold up and economic conditions improve, according ...

  Bloomberg Indian billionaire Gautam Adani’s ascent to rank as the world’s second-richest person has helped fuel a world-beating jump in the nation’s stocks and bolstered their clout among emerging-market equities. Eight firms controlled by Adani’s ports-to-power conglomerate, including recent cement acquisitions, have contributed more than a fifth of the 109-member MSCI India Index’s surge since end-June, data compiled by ...

  Bloomberg South Korea’s exports of its most lucrative memory chip fell by the most since 2019, indicating a deepening slump in technology demand central to global economic growth. Shipments of dynamic random access memory fell 24.7% from a year earlier in August, compared with a 7% decline in the previous month, according to data released by the trade ministry. ...

Bloomberg China’s doubling down on its zero-tolerance stance towards Covid-19 is draining local-government coffers, posing a fresh threat to the economy and bond investors. Jilin province, in the northeast of the country, has warned of “increasingly outstanding conflicts” between spending and income. Finances at almost half of its 60 county and district level governments are so tight they are exposed ...

Bloomberg The evocative bugle call of the “Last Post” echoed around a hushed Westminster Abbey as Queen Elizabeth II’s state funeral drew to a close— a poignant mark of remembrance and gratitude for the UK’s longest-serving monarch. After four extraordinary days in which hundreds of thousands of people queued for miles to pay tribute to the Queen at her lying-in-state ...

  SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has made a number of recommendations to strengthen the emirate’s public-private partnerships (PPPs), following the Cabinet’s recently approved decision to issue a federal law regulating partnerships between the federal authorities and the private sector in the UAE. During its regular meeting held at the SCCI’s headquarters, the board ...

  SHARJAH / WAM Two key discussions highlighting the essential role of strategic government communications in transforming crisis into opportunity and encouraging youth to invest in tech-driven ventures to successfully seize the myriad prospects presented by the Fourth Industrial Revolution (4IR) will be staged at the 11th annual International Government Communication Forum (IGCF 2022), which unveils in less than two ...

  MONTEVIDEO / WAM Saqr Ghobash, Speaker of the UAE Federal National Council (FNC), and Pablo Lanz, Chairman of the International Relations Committee of the Senate of Eastern Uruguay, discussed enhancing parliamentary relations and stressed the importance of joint cooperation and coordination regarding international issues of common interest. Saqr Ghobash is leading a parliamentary delegation on an official visit to ...

  ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced that its fifth edition of Culture Summit Abu Dhabi, a leading global forum, will return to Manarat Al Saadiyat under the theme ‘A Living Culture’. Designed to explore the future of the culture sector and discuss creative cultural solutions to some ...

  Bloomberg France denied a report that it’s considering cutting power exports to Italy, saying it’s committed to maintaining power supply to its European neighbours. France “reaffirms its commitment to reciprocal solidarity regarding gas and electricity with all our European neighbours,” the energy transition ministry said in a statement. “Fully functioning electric interconnections are a priority for collective supply security.” ...