Wednesday , January 24 2018


ADFD highlights success of UAE-Pacific Partnership Fund

Lead pix

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), and Abu Dhabi Future Energy Company (Masdar), held a panel discussion entitled ‘Renewables making waves in the Pacific: A new humanitarian model?’ that highlighted the success of the UAE-Pacific Partnership Fund (UAE-PPF). Held during Abu Dhabi Sustainability Week 2018, the ...

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Yoga guru’s ambition to beat Unilever in India gets tougher

epa06442710 Indian Yoga Guru Baba Ramdev (L) speaks next to Acharya Balkrishna (R), the CEO of fast-moving consumer goods (FMCG) company Patanjali Ayurved, during a press conference in New Delhi, India, 16 January 2018. Patanjali Ayurved, run by Yoga Guru Baba Ramdev, launched their e-commerce platform and joint announcement of partnership and agreements with leading e-retailers like Paytm, Flipkart, Amazon, Grofers and Shopclues for online sale and doorstep delivery of Patanjali products. Patanajali is valued at around 6?7 billion US dollars.  EPA-EFE/HARISH TYAGI

Bloomberg Hindustan Unilever Ltd.’s revenue climbed 4.1 percent in the third quarter as India’s largest consumer-goods company widened the gap with competition including from yoga guru Baba Ramdev’s Patanjali Ayurved Ltd. Revenue at the Indian unit of Unilever rose to 87.4 billion rupees ($1.4 billion) in the three months through ...

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European car sales hit 10-year high on SUVs

epa06313914 An SUV car called Dacia Duster (L) passes a truck full of brand new Dacia cars that exits Automobile Dacia car factory in Mioveni city, 130 km north-west of Bucharest, Romania, 07 November 2017. Automobile-Dacia, a subsidiary of the French car manufacturer Renault Groupe since 1999, is Europe's fifth biggest automotive manufacturing facility, producing 584,219 units in 2016.  EPA-EFE/ROBERT GHEMENT

Bloomberg European car sales reached a 10-year high in 2017 as widening economic growth boosted consumer confidence, with SUVs from French manufacturers Peugeot and Renault, Italian competitor Alfa Romeo and Japanese rival Toyota propelling demand. Registrations in 2017 increased 3.3 percent to 15.6 million vehicles, the Brussels-based European Automobile Manufacturers’ ...

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US travel industry unites to fight decline in foreign tourism

epa06225289 (FILE) - Travelers queue up for taxis at International Terminal Four at John F. Kennedy International Airport in Queens, New York, USA, 30 June 2017 (reissued 24 September 2017). US President Donald J. Trump signed on 24 September 2017, a proclamation restricting entry to the US from eight countries as his existing ban on six Muslim-majority countries signed in March was set to expire. According to a statement released by The White House, the proclamation poses certain conditional restrictions and travel limitations on nationals from Chad, Iran, Libya, North Korea, Somalia, Syria, Venezuela, and Yemen.  EPA-EFE/PETER FOLEY

Bloomberg As more international travellers decide to skip America, ten business associations including the US Chamber of Commerce and the National Restaurant Association have created a travel industry group aimed at reversing the growing unpopularity of the US as a vacation destination. Historically, America only had to sit back and ...

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