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  DENVER / AP A budget ski resort in western Colorado came up with an eye-popping offer — a $700 lift ticket, the most expensive in the nation. Only this lift ticket comes with a sweet bonus: a pair of handcrafted skis made from Colorado wood. Gimmicky? Sure. But Sunlight Mountain Resort says that in an era of increasing ski-industry ...

  MINNEAPOLIS / AP Minnesota’s first-in-the nation ban on soaps containing the once ubiquitous germ-killer triclosan takes effect Jan. 1, but the people who spearheaded the law say it’s already having its desired effect on a national level. The federal government caught up to Minnesota’s 2014 decision with its own ban that takes effect in September 2017. Major manufacturers have ...

  Dubai / WAM Aimed at revitalising economic activity in the emirate of Dubai, the Dubai Municipality is carrying out many development projects including construction of new markets and commercial complexes, and expansion and maintenance of existing markets at a total cost of AED2.5 billion. Hussein Nasser Lootah, Director-General of the municipality explained that the civic body manages about 5,000 shops, ...

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) and Roads and Transport Authority (RTA) have discussed cooperation and plans to encourage the use of electric vehicles and promote the Green Charger initiative. This came up during a meeting between Saeed Mohammed Al Tayer, MD and CEO of DEWA, and Mattar Al Tayer, Director-General and Chairman of the Board of ...

  Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), ranked second for UAE foreign aid contributions in 2015 according to a report titled ‘UAE’s Foreign Aid in 2015’ by the Ministry of Foreign Affairs and International Cooperation (MoFAIC). ADFD’s expenditure amounted to AED2.70 billion (US$736.73 million), other funds and charitable organisations contributed AED1.76 billion and the UAE ...

  Abu Dhabi / Emirates Business ADNOC Distribution announced the opening of Al Muhathab service station in Umm Al Quwain as part of its ongoing efforts to consolidate its service station network across the UAE. The company has leveraged its extensive expertise and unique capabilities in the construction of the new service station in order to meet its customers’ dynamic ...

Moscow / AFP A Russian military plane crashed on its way to Syria on Sunday, with no sign of survivors among the 92 onboard, who included dozens of Red Army Choir members heading to celebrate the New Year with troops. The Tu-154 plane crashed in the Black Sea shortly after taking off from the southern city of Adler where it had ...

  Daraga / AFP A powerful typhoon with gusts of up to 235 kilometres (146 miles) an hour hit the Philippines late Sunday, disrupting Christmas celebrations for tens of thousands who fled its approach, officials said. Typhoon Nock-Ten made landfall in the eastern island province of Catanduanes at 6:30 pm (1030 GMT), the state weather service said. There were no ...

  Bloomberg A patch of land in the shadow of Mount Fuji is becoming a testing ground for energy storage, with some of Japan’s leading companies trying to develop technologies such as spinning flywheels and fuel cells. The government of Yamanashi, a prefecture 102 kilometers (63 miles) west of Tokyo, is hoping that by attracting companies such as Panasonic Corp. ...

  Bloomberg As if investors in Asia’s troubled corporate bond markets don’t have enough to worry about, concern is mounting about whether South Korean shipyards will be able to repay record amounts of debt coming due next year. Yields on bonds of Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. have shot up this year. The top ...