Cars drive through the “Sandkamp Gate” to the Volkswagen factory in Wolfsburg, Germany. Reuters
Painters, sculptors and photographers face losing their workspaces because of gentrification in the booming capital. All 30 artists in the building have received a notice to vacate the premises they have used since 2013.
BERLIN: Dutch central bank Governor Klaas Knot expects the eurozone economy to recover speed in the second half after a sluggish start to the year, but in an interview with Handelsblatt the noted hawk was distinctly dovish on long-term interest rates. Knot, one of the most prominent hawks on the European Central Bank’s rate-setting committee told the German paper
As the United Kingdom grapples with its Brexit drama, the uncertainty around its decision to leave the EU persuaded Dale Carr to close down her Berlin shop selling British goods. The 67-year-old from Sheffield and her husband Robin in 1996 opened “Broken English”, a shop selling British goods to homesick expats and Germans with a taste for UK treats in the trendy district of Kreuzberg.
Sharjah Airport, one of the busiest in the region, has received a record 13.6 million passengers in 2019 with an year-on-year increase of 13 per cent compared to 12 million passengers in 2018, it was revealed during a meeting in held in Sharjah.
Britain on Tuesday greenlighted a limited role for Chinese telecoms giant Huawei in the country’s 5G network, insisting that “high risk vendors” would be excluded from “sensitive” core infrastructure.
First Abu Dhabi Bank (FAB), today reported its full year financial results for 2019, announcing a net profit of Dhs12.5 billion, up 4 per cent from Dhs12.0 billion in 2018.