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WAM enhances cooperation with Ukraine media outlets

KIEV / WAM A delegation from the Emirates News Agency (WAM) visited a number of state-run and private media institutions in the Republic of Ukraine, at the invitation of Ukrinform, the national news agency of Ukraine. The visit aimed to foster media cooperation between WAM and Ukrainian media outlets in various fields, including areas of training and news exchanges. Featuring ...

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DLD, EMCT sign deal on enhancing cooperation

DUBAI / WAM Dubai Land Department (DLD) signed a Memorandum of Understanding (MoU) with the Emirates Association for Management Consultants and Trainers (EMCT) to set the general framework for joint cooperation in the field of exchanging information, experiences and research relevant to the profession of management consultancy, administrative training, developing the skills of national cadres, including trainers and administrative consultants, ...

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Emirates Post, Enoc enhance last mile delivery services

Dubai / WAM Emirates Post, UAE’s official postal operator and leading express provider, announced that it has partnered with Enoc Group to enhance customer experience in its last-mile delivery services in line with its leading drive to support the growth in logistics and e-commerce in the UAE. Zoom, a leading home-grown convenience store chain owned by Enoc Group, has become ...

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Boeing’s Max crisis is turning into a success!

Just three years after the crash of Lion Air Flight 610 shortly after takeoff from Jakarta precipitated a chain of events leading to the worldwide grounding of Boeing’s flagship 737 Max 8 plane, a strange thing is happening. The single-aisle jet — whose crashes in Indonesia and, less than five months later, outside Ethiopia’s capital, Addis Ababa, “exposed fraudulent and ...

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Black Friday bargain bonanza begins

The bargain bonanza that is Black Friday has begun. Only there are fewer special offers this year, and those that are being advertised aren’t quite so eye-catching. You can blame the global supply chain meltdown for the dearth of doorbusters. Even when toys and TVs start flowing through trade arteries again, retailers should maintain a more disciplined approach to discounting. ...

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Hype is never far away from cryptocurrencies

Hype is never far away from cryptocurrencies. Punters taking public transport or navigating social media are bombarded daily with enticing advertising and billboards dangling the next big coin, while self-proclaimed experts and gurus offer hot investing tips before the inevitable tired disclaimer: “Please do your own research.” But when London-listed fintech company Mode Global Holdings Plc announced it would expand ...

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In Alibaba’s universe, where Ant had an IPO

There’s no way to dress up the terrible 12 months Alibaba Group Holding Ltd has faced since the aborted debut of its fintech division. But let’s imagine for a moment what might have happened had Ant Group Co’s dual listings gone ahead, if only to consider where the Chinese e-commerce giant’s problems truly lie. In a parallel universe, where founder ...

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Walmart sinks as margins show pressure amid boom

Bloomberg Walmart Inc fell the most in almost nine months after the retail giant signalled that it’s bracing for more pressure from global transportation snarls despite a broadly positive outlook. The company’s costs are rising more quickly than its prices, Chief Executive Officer Doug McMillon said after the company reported third-quarter earnings. Gross margin, a broad measure of profitability, fell ...

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Boeing agrees to settle 737 Max claims, says SpiceJet

Bloomberg Boeing Co has agreed to settle outstanding claims with SpiceJet Ltd relating to the grounding of its 737 Max aircraft and their return to service. “This paves the way for the induction of efficient and younger Max aircraft into the company’s fleet and ensures the resumption of new aircraft deliveries from our order of 155 Max aircraft,” India’s second-biggest ...

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India’s IndiGo mulls charging fliers for checked-in luggage

Bloomberg IndiGo, one of Asia’s biggest budget carriers, is mulling charging passengers for checked-in luggage as the airline prepares for a potentially fierce price war in India’s cutthroat air travel market, which is showing signs of recovery following the worst of Covid. IndiGo, operated by InterGlobe Aviation Ltd, didn’t implement the so-called unbundling of fares in February — just before ...

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