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  Bloomberg The world’s No. 2 economy showed improvement in the fourth quarter with gains across all industries, according to the China Beige Book. Revenues, profits, jobs and capital expenditures improved from the third quarter while new orders were stable, according to the private survey released by CBB International, which collects anecdotal accounts similar to those in the Federal Reserve ...

  Bloomberg The luxury Manhattan co-op, a longtime sign of real estate prestige and exclusivity in New York, may be losing its appeal. Blame a glut of newly built high-end condos. Contracts for co-op apartments priced at $4 million or more fell 25 percent this year from 2015, as buyers with means opted for newer homes with more amenities and ...

  Bloomberg Supporters of Britain’s exit from the European Union wrote to business groups in the 27 other nations in the bloc urging them to push their governments for a “sensible agreement” for trade after Brexit to avoid disrupting trade. “Many EU member states export significant amounts of goods to the UK and the erection of barriers to this trade ...

  Dubai / WAM Ahmed Mahboob Musabih, Director of Dubai Customs, has launched new expansions at passenger Operations Department at Dubai International Airport – Terminal 2. They included development of the CCTV room and the Baggage Handling System (BHS) room, plus revamping the staff lounge. The new development included enhancements to the CCTV room which helps Dubai Customs’ officers analyse luggage ...

  Abu Dhabi / WAM Bringing social stability for Emirati families is one of the top priorities of the development vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, said His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, during a meeting with a delegation from ...

  DUBAI / Emirates Business Dubai Electricity and Water Authority (DEWA) announced that it has completed 53% of the M-Station expansion project. The M-Station is the newest and largest power production and water desalination plant in the UAE. DEWA completed 3.9 million safe man-hours without any injuries. DEWA is set to inaugurate two gas turbine generators on May 31, 2017, ...

  Dubai / Emirates Business Dubai Courts has launched ‘Rased,’ a judicial work indicator, as a major leap in its smart transformation efforts and a boost to its ongoing initiatives to achieve leadership in the judiciary sector. The smart technical system provides a unified tool to enhance corporate governance, effectively attain strategic goals, and promote high excellence in its main ...

  Honolulu / AFP Japanese Prime Minister Shinzo Abe travels on Tuesday to Hawaii’s Pearl Harbor, the site of a sneak attack by his country that provoked America into entering World War II, to reinforce what the leader calls “the power of reconciliation.” Abe, who was to be hosted by US President Barack Obama, would be the first Japanese premier to ...

  Istanbul / AFP Almost 30 Turkish police went on trial in Istanbul on Tuesday charged with involvement in the July 15 coup, the city’s first trial of alleged putschists in the massive crackdown that followed the failed bid to oust President Recep Tayyip Erdogan. With some 41,000 coup suspects under arrest in a state of emergency, the nationwide trials ...

  Bloomberg Toshiba Corp. can’t get past its accounting problems. The Japanese company, which paid a record fine a year ago for its bookkeeping practices, warned that it may now have to take another charge of several billion dollars related to an acquisition made by US unit Westinghouse Electric. The company’s shares fell 12 percent to 392 yen at the ...