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Bloomberg As Cuban refugees, the Fanjuls have a familiar story to tell. They fled the revolution. Fidel Castro’s forces seized everything they owned on the island, business interests, homes, a fortune in fine art. But they didn’t arrive in Florida in 1960 empty handed. Patriarch Alfonso Fanjul Sr., one of the world’s most prosperous sugar barons before Castro came onto ...

Bloomberg Last month’s second round of discussions on extricating Britain from the European Union produced a “significant step forward” on the thorny issue of citizens’ rights, even though the talks were at times tricky, Brexit Secretary David Davis said. In the July 17-20 talks in Brussels, negotiators focused on discussing the rights of EU citizens in Britain and those of ...

Bloomberg Walt Disney Co.’s Bob Iger is ready to embrace the cord cutter. Disney, the world’s largest entertainment company, outlined plans on Tuesday to sell some of its premiere content directly to consumers online starting next year. It will offer live sports and animated films including “Toy Story 4,” sidestepping partners from Netflix Inc. to pay-TV providers like Comcast Corp. ...

Bloomberg When Prime Minister Narendra Modi’s government approved $256 million to upgrade a section of a remote border road last month, few took notice. Yet India’s decision to revive plans for the trilateral highway, part of an ambitious 1,360-kilometre (845 mile) crossing to link northeastern India with markets in Thailand and beyond, marks the next phase in the jostle between ...

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 ...