DUBAI / Emirates Business Modhesh World, one of the most popular indoor edutainment destinations in the region, has stepped up its efforts to offer an all-immersive entertainment arena by unveiling a ‘Handicraft’ section in the ‘Food Park DXB’ zone located in Hall 1 of Dubai World Trade Centre (DWTC). The section features pop up stores and kiosks selling a variety ...
Read More »UK joins France, says goodbye to fossil-fuel cars by 2040
AT&T shares jump most in 8 years on surprise mobile gains
Bloomberg AT&T Inc. shares surged the most in more than eight years after the telecommunications giant posted a surprise wireless subscriber gain in the second quarter, showing it can fend for itself in a cutthroat price war. Second-quarter earnings topped estimates, and wireless customers rose by 127,000, compared with analysts’ average projection for a loss of 22,713. An offer for ...
Read More »Hyundai to bring new SUV to US after discounts
Bloomberg Hyundai Motor Co. is banking on a new compact SUV to reinforce its lineup and help arrest a slide in sales in its biggest markets, after misjudging the consumer shift away from sedans that forced the South Korean automaker to increase incentives for consumers. The compact model, called the Kona after a seaside town in Hawaii, will be introduced ...
Read More »Britain not to accept chlorine-washed chicken in US deal
Bloomberg Britain won’t allow in imports of American chlorine-washed chicken as part of the post-Brexit trade deal it’s seeking with the US, the cabinet minister responsible for food and farming said. “I’ve made it perfectly clear, and indeed this is something on which all members of the government are agreed, that we are not going to dilute our high animal-welfare ...
Read More »Orban’s migration policy gets slapped down by EU court
Bloomberg Hungarian Prime Minister Viktor Orban and Slovak Premier Robert Fico suffered setbacks to their controversial migration policies at the European Union’s top court. An adviser to the EU’s Court of Justice said provisional EU rules to relocate refugees from member states such as Greece and Italy, key entry points to the bloc, should also apply to Hungary and Slovakia. ...
Read More »LVMH profit jumps as Europe, Japan join China luxury rebound
Bloomberg LVMH’s first-half profit grew at the fastest rate since 2011 as Japan and Europe joined a luxury industry recovery led by China, showing double-digit sales increases in the second quarter. The world’s biggest luxury-goods company said Japan was boosted by promotional activity like staging Louis Vuitton’s latest runway show there, while Europe was helped by more favorable comparisons in ...
Read More »Russia warns of ‘painful’ response if Trump backs new US sanctions
Bloomberg Russia threatened to retaliate against new sanctions passed by the US House of Representatives, saying they made it all but impossible to achieve the Trump administration’s goal of improved relations. The measures push US-Russia ties into uncharted territory and “don’t leave room for the normalization of relations†in the foreseeable future, Russian Deputy Foreign Minister Sergei Ryabkov said on ...
Read More »â€˜US must coordinate Russia actions with EU partners’
Bloomberg Germany expressed continued concern about US moves to tighten sanctions against Russia, while saying changes made in the bill passed by the House of Representatives on Tuesday are steps in the right direction. Germany is holding to its position that sanctions rules mustn’t be used as a tool to influence specific industries, Martin Schaefer, a Foreign Ministry spokesman, said ...
Read More »Swedish govt in deepening crisis after security breach
Bloomberg Sweden’s government was dragged into a deepening crisis as the opposition united to demand no-confidence votes be cast against three Cabinet ministers for their handling of breaches that may have put classified information into the hands of foreign powers. The four parties in the main opposition bloc called for the motions to be brought against Home Affairs Minister Anders ...
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