Dubai International Airport, the world's busiest for international travel, will move its operations to the city-state's second, sprawling airfield in its southern desert reaches “within the next 10 years” in a project worth nearly $35 billion, its ruler said Sunday. Sheikh Mohammed bin Rashid Al Maktoum's announcement marks the latest chapter in the rebound of its long-haul carrier Emirates after the coronavirus pandemic grounded international travel. Plans have been on the books for years to mo
(Bloomberg) -- Prime Minister Srettha Thavisin named capital markets veteran Pichai Chunhavajira as Thailand’s new finance minister in an appointment that may ease tensions between the premier and the central bank over monetary policy. Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in AsiaApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe Long, Slow Death of Urban NightlifePlunging Home Prices,
TORONTO — There’s more choice than ever for office space, but it can still be a challenge for smaller companies to find the right fit. The rise of remote and hybrid work has made it harder to justify a full office, so more are leaning on co-working spaces that they share with many others for convenience and cost savings. The choice, however, comes at the expense of privacy and control. A couple of entrepreneurs in the design world have taken the novel approach of something in between: co-leasing
(Bloomberg) -- Elliott Management Corp. has built a “large” stake in Sumitomo Corp., one of Warren Buffett’s favorite Japanese trading houses, according to a person familiar with the matter. Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in AsiaApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe Long, Slow Death of Urban NightlifePlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingThe
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