Bloomberg Singapore Airlines Ltd. took delivery of the Airbus SE A350-900 ultra long range aircraft to start a non-stop service to New York, a journey of about 19 hours that will become the world’s longest. The first commercial flight between Singapore and Newark Liberty International Airport will be on October 11, Singapore Air said in a statement. This is the ...

Bloomberg In the 1990s heyday of “cool Britannia,” designers John Galliano and Alexander McQueen ruled the runway, Burberry’s tartan was the design of the moment and model Kate Moss zipped around the globe to the tune of Oasis and the Spice Girls, sporting a Union Jack blazer. But the music has stopped and today’s fashion kids are more likely to ...

RIYADH / WAM The member countries of the Saudi-led Arab Coalition to Support Legitimacy in Yemen have provided a total of $17.6 billion worth of assistance in three years. “Out of this assistance, the Kingdom of Saudi Arabia, accounted for more than $11.5 billion,” said Dr Abdullah Al Rabeeah, the Supervisor-General of the King Salman Humanitarian Aid and Relief Centre, ...

Bloomberg China has called off planned trade talks with the US and is unlikely to sit down with Washington until after the mid-term elections, according to people familiar with the situation. Beijing has withdrawn a planned delegation to Washington next week, the people told Bloomberg. The Wall Street Journal earlier reported that China had scrapped plans to send Vice-Premier Liu ...

ABU DHABI / WAM Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange (ADX), chaired the 43rd session of Arab Federation of Exchanges (AFE) meeting. The annual meeting of the AFE in its 43rd session took place in Abu Dhabi was attended a number of CEOs of Arab stock exchanges and chairmen of clearing and depository companies from all ...

ABU DHABI / WAM The Federal Tax Authority (FTA), has invited retailers, outlets and shops registered for Value Added Tax (VAT), to register in the digital system of the Tax Refund Scheme for tourists, which will come into effect as of the fourth quarter of 2018. The authority cautioned that a retailer’s membership in the Tax Refund Scheme for tourists ...

Bloomberg Floodwaters have overwhelmed an ash basin at a Duke Energy Corp. power plant in North Carolina, spilling a byproduct of burning coal into the Cape Fear River. The company said coal ash at the site “remains in place” but that tiny beads called cenospheres are flowing into the river. The hollow beads, left over from burning coal, are comprised ...

Bloomberg Fieldwood Energy, an offshore oil and gas explorer that emerged from bankruptcy in April, is weighing an initial public offering, according to people familiar with the matter. The Houston, Texas-based company is exploring filing a public offering in early 2019 that could value the company at more than $5 billion, said one the people, who asked to not be ...

Bloomberg North Carolina’s solar farms took a beating from Hurricane Florence and many of the power plants remain out of service, a week after the storm slammed into the second-biggest US market. About one-third of the 3,000 megawatts of solar capacity connected to Duke Energy Corp.’s system went down initially, according to Randy Wheeless, a utility spokesman. Almost 600 megawatts ...

Bloomberg Property developers are cutting prices in Hong Kong to lure buyers amid the increasing downside risks in the world’s least-affordable housing market. Vanke Property Overseas Ltd. released 231 units of its new project Le Point in Tuen Mun, with prices as low as HK$9,878 ($1,265) per square foot, the lowest in the primary new-home market in about two years, ...