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Bloomberg Delhi will have the fastest growth of any city in Asia, with the economy to be almost 50 percent larger in 2021 than it was at the end of last year. Indian cities are set to expand the most across the region, with growth speeding up from the past 5 years, according to a new study from Oxford Economics, ...

Bloomberg President Donald Trump’s threat to hit North Korea with “fire and fury” jolted markets from New York to Seoul even as US lawmakers questioned the president’s willingness to back up the heated rhetoric. “North Korea best not make any more threats to the United States,” Trump told reporters in Bedminster, New Jersey, on Tuesday. “They will be met with ...

Abu Dhabi / WAM Service Hero, the region’s only consumer powered customer satisfaction index “CSI”, announced a two-point growth in UAE customer satisfaction during first half of 2017. These results were made public as the as the company released its six months “Customer Satisfaction Index” for the UAE, which scored a total of 77.7 satisfaction rate. Most of the 14 ...

RAS AL KHAIMAH / Emirates Business The National Bank of Ras Al-Khaimah (RAKBANK) announced a strategic partnership with Invoice Bazaar, a FinTech Supply Chain Finance platform in the United Arab Emirates. The partnership allows RAKBANK to participate as a ‘Receivable Purchaser’ on Supply Chain Finance transactions originated by Invoice Bazaar on its platform. RAKBANK is the first bank in the ...

ABU DHABI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, honoured, at his office in the ministry, the family of martyr Jassim Issa Mohammed Hassan Al Balushi, who lost his life in the line of duty while attempting to extinguish a fire on an Emirates Airline aircraft which performed ...

DUBAI / WAM To support the transition of the automotive industry towards green mobility and the recent initiatives taking places in the UAE, the New Energy Vehicles Club has been created under the umbrella of the Clean Energy Business Council (CEBC) at the initiative of ENGIE, an energy company, charging station manufacturer and board member of the CEBC. The creation ...

Bloomberg At a glass-wrapped industrial estate in London north of the River Thames, Brexit is giving global broadcasters a headache. From a screen-packed, server-filled studio, Discovery Communications Inc.—home of channels including Animal Planet and Eurosport—transmits more than 120 TV feeds into Europe. Across the road, Walt Disney Co. licenses foreign language versions of its popular kids channels beamed to the ...

Bloomberg As Toyota Motor Corp. and Mazda Motor Corp. begin to scour the US for where to put the first auto assembly plant announced under US President Donald Trump, one state looks like a frontrunner: Mississippi. The Magnolia State already is home to a Corolla factory that’s been producing the compact car for almost six years. Toyota and Mazda plan ...

Bloomberg Chinese acquirers will spend $1.5 trillion buying companies and investing overseas in the next decade, 70 percent more than the previous 10 years, even as regulators at home and abroad block deals, Linklaters LLP said in a report on Tuesday. Government policies encouraging Chinese companies to invest in manufacturing capabilities, particularly for advanced technology, and international trade will help ...

Bloomberg The controversial H-1B visa programme, widely criticised for costing American workers their jobs, has actually provided economic benefits for both the US and India, according to a new study from researchers at the Center for Global Development and the University of Michigan. The combined incomes for the two countries as a result of the US visa programme rose by ...