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Dubai shuts down restaurant, fines 7 gyms for violating COVID-19 guidelines

12 Oct 2020

A restaurant in Dubai, which failed to adhere to the precautionary measures related to COVID-19, was ordered closed by Dubai Economy in co-operation with the Dubai Tourism on Sunday. ...

Dubai fines 6 businesses, warns one for flouting virus guidelines

11 Oct 2020

Field inspectors from the Commercial Compliance & Consumer Protection (CCCP), Sector in Dubai Economy continued their visits to open markets and shopping centres across the emirate on Saturday to make...

Dubai fines 25 businesses violating virus safety guidelines

10 Oct 2020

Gulf Today, Staff Reporter Field inspectors from the Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy continued their visits and tour to a number of open markets and...

HSBC targets zero carbon emission

09 Oct 2020

HSBC will target net zero carbon emissions across its entire customer base by 2050 at the latest, and provide between $750 billion and $1 trillion in financing to help clients...

Euronext to buy Borsa Italiana from LSE in $5.1 billion deal

09 Oct 2020

Euronext is to buy Borsa Italiana from London Stock Exchange (LSE) for 4.3 billion euros ($5.1 billion) in cash, the companies said on Friday, in a major expansion of the...

Hyundai Motor to recall Kona EV in South Korea

08 Oct 2020

Hyundai Motor will voluntarily recall its Kona electric vehicles (EV) as a possible short circuit due to what may be faulty manufacturing of its high-voltage battery cells could pose a...

ECS highlights role of exhibitions in tourism recovery post-pandemic

07 Oct 2020

Business Bureau, Gulf Today The Expo Centre Sharjah (ECS) recently participated in a webinar co-organised by the International Congress & Convention Association - Middle East Chapter and the...

Airline industry to burn $77 billion cash in H2 of 2020, says IATA

06 Oct 2020

Global airlines warned on Tuesday that the coronavirus-stricken industry was on course to burn through another $77 billion in cash in the second half of 2020, calling on governments to...

UK prefers to save jobs over tax rises as COVID-19 hits economy

06 Oct 2020

Britain will prioritise trying to save jobs over tax rises while the COVID-19 pandemic batters the economy, though record borrowing and a $2.6 trillion debt pile cannot be sustained for...

Cineworld shuts UK, US theatres, impacting 45,000 jobs

05 Oct 2020

Cineworld will close all of its UK and US movie theatres later this week, leaving as many as 45,000 workers unemployed for the foreseeable future as it strives...

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