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Twenty14 Holdings set to launch South Asia’s 1st Tribute Portfolio hotel

Twenty14 Holdings set to launch South Asia’s 1st Tribute Portfolio hotel

Twenty14 Holdings, a leading hospitality investment firm with assets worth in excess of $750mn across Europe, Middle East and India, will soon launch Port Muziris – South Asia’s first Tribute Portfolio hotel, part of Marriott International, near Cochin International Airport.

Africa running out of water as cities’ populations boom

Africa running out of water as cities’ populations boom

As water supplies in Ghana’s capital grew increasingly erratic, Beatrice Kabuki stopped customers from using her grocery store’s bathrooms and installed a plastic storage tank at her home.

European markets end lower; Brexit delay request sends pound reeling

European markets end lower; Brexit delay request sends pound reeling

The pound fell sharply yesterday after Prime Minister Theresa May announced Britain was seeking a delay to its exit from the European Union until June 30, while investors awaited the US Federal Reserve’s interest rate call.

Japan govt downgrades economy view in March

Japan govt downgrades economy view in March

Japan’s government downgraded its assessment of the economy in March for the first time in three years, blaming a bruising US-China trade war for slumping exports and industrial output.

Asia markets down as dealers keep tab on trade talks, Brexit

Asia markets down as dealers keep tab on trade talks, Brexit

Asian markets mostly fell yesterday with nervous investors keeping tabs on developments in China-US trade talks and the Brexit saga, while awaiting the conclusion of a key Federal Reserve meeting.

Boeing 737 MAX grounded: What next?

Boeing 737 MAX grounded: What next?

Two fatal accidents involving Boeing 737 MAX jets in the last six months have resulted in their grounding worldwide.

Smaller plane, longer flight

Smaller plane, longer flight

With airlines remaining focused on efficiency, single-aisle jets are at the centre of fleet plans for several airlines around the globe.

EU leaders are urged to get tough on trade with China

EU leaders are urged to get tough on trade with China

The European Union executive is urging EU leaders this week to get tough on trade with Beijing and use their €2.4tn ($2.7tn) market in public tenders as leverage to pressure countries such as China to open up.

BMW warns of profit slump

BMW warns of profit slump

BMW AG warned earnings will fall “well below” last year’s level, and embarked on a €12bn ($14bn) efficiency drive to offset the impact of trade conflicts and unprecedented spending on electric cars.

Qatar Airways crosses significant milestone with 250th aircraft delivery

Qatar Airways crosses significant milestone with 250th aircraft delivery

Qatar Airways on Wednesday celebrated the arrival of its 250th aircraft, an Airbus A350-900 from Toulouse, France; the latest addition to the group’s growing fleet of passenger, cargo and executive aircraft.

QIB successfully completes issuance of $750mn sukuk

QIB successfully completes issuance of $750mn sukuk

Qatar Islamic Bank (QIB) has successfully priced a $750mn five-year sukuk at par with a profit rate of 3.982%, which is equivalent to a credit spread of 150bps over US dollar-denominated mid-swaps.

Qatar in forefront of efforts to cut methane emissions: Al-Attiyah Foundation official

Qatar in forefront of efforts to cut methane emissions: Al-Attiyah Foundation official

The State of Qatar, which is among the world’s top exporters of liquefied natural gas (LNG), remains at the forefront of efforts to minimise methane emissions, according to an official of the Abdullah Bin Hamad Al-Attiyah International Foundation for Energy & Sustainable Development.

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