Starwood Hotels and Resorts Worldwide has signed two deals to re-enter the Iraq hospitality market after 20 years.
Starwood Hotels and Resorts Worldwide has signed two deals to re-enter the Iraq hospitality market after 20 years.
The InterContinental Hotels Group, or IHG, the world’s largest hotel group by number of rooms, and Muscat Golf Course Project on Sunday signed of a 20-year management agreement for the luxury InterContinental Muscat Hills Golf Resort in Oman.
DP World London Gateway has awarded Balfour Beatty Civil Engineering a contract to build a rail terminal capable of handling the longest trains in the UK.
The US dollar stayed under pressure on Monday in the wake of disappointing first-quarter U.S economic growth, leaving the yen, sterling and even high-beta currencies like the Australian dollar at multi-week highs.
Foreign companies doing business in China must navigate a business culture in which bribery is rife, finding ways to remove obstacles to expanding in the world’s second-largest economy without running afoul of local or home-country laws.
Asian markets rose in early trade on Monday, following a positive lead from Wall Street as dealers look ahead to the release of key economic data and European elections over the next week.
Gold held near a 2-week high on Monday on prospects of more safe haven buying, with the dollar under pressure from weaker-than-expected U.S. economic data and speculation the Federal Reserve could ease policy further to boost growth.
Coca-Cola has been ordered to temporarily halt production at a bottling plant in northern China, after media reports of chlorine in its products, according to a government statement.
Some of Japan’s life insurers are buying overseas stocks to help boost investment returns while sticking with domestic sovereign debt as a safe haven, several of the companies said in interviews with Reuters.
Norwegian telecom giant Telenor wrote off Monday the rest of its mobile business in India worth 3.9 billion kroner (513 million euros, $680 million) after New Delhi scrapped licences in a massive fraud probe.