Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) on Saturday, said it carried out over 95,287 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 1,007 new cases of various nationalities, who are all in a stable condition ...

Abu Dhabi / WAM Etihad Airways, the national airline of the UAE, will resume passenger flights from Abu Dhabi to the Moroccan cities of Casablanca and Rabat. Effective September 19, the airline will operate returning flights three times a week from Abu Dhabi to Casablanca. This service will be followed by direct flights between the two capitals, Abu Dhabi and ...

Dubai / WAM Dubai Economy shut down a café in Karama in co-operation with Dubai Municipality and Dubai Tourism after the outlet was found to have ignored physical distancing guidelines issued as a precautionary measure against Covid-19. The action came following response from the public to the call of Dubai Economy to report commercial establishments and outlets not adhering to ...

Two decades after Bolivarian caudillo Hugo Chavez remade Venezuelan politics in his own autocratic image, the country’s opposition finds itself in a familiar place: splintered and at each other’s throats. National Assembly leader Juan Guaido, hailed by foes of the Chavista regime and more than 50 countries as Venezuela’s legitimate leader, has stumbled. His enviable 63% approval rating upon taking ...

JC Penney Co has a fresh shot at returning itself to retailing relevance. The department store chain said it had reached an agreement to be rescued from bankruptcy by mall operators Simon Property Group and Brookfield Property Group in a deal valued at $1.75 billion. But is this the best outcome? There are upsides to sparing this mall stalwart from ...

It’s the Tiffany T bangle versus the Louis Vuitton Neverfull bag. Tiffany & Co filed a lawsuit against LVMH Moet Hennessy Louis Vuitton SE seeking to undo the French luxury group’s decision to abandon its $16 billion takeover of the company. Now LVMH is counter-attacking, moving to sue the jeweler over its handling of the Covid-19 crisis. The twist elevates ...

President Donald Trump’s poll numbers are bleak. No matter the outcome in November, however, on at least one issue his side can declare victory: The era of free trade, already on the wane, is officially over. It has been replaced by a new “America first” industrial policy, which even Trump’s Democratic opponent, former Vice President Joe Biden, has now embraced. ...

Bloomberg Deutsche Lufthansa AG plans to eliminate its biggest passenger jets as it deepens fleet cuts, creating a knock-on in additional job losses, people with knowledge of the proposals said. Lufthansa is looking at retiring remaining Airbus SE A380 double-deckers, the bulk of smaller A340s, and all of its older Boeing Co 747-400 jumbos, according to the people, who asked ...

Bloomberg Century 21 Stores, an iconic New York off-price department store chain, filed for bankruptcy with plans to shut down, becoming the latest victim of the retail industry carnage that’s accelerated during the pandemic. Nearly 1,400 jobs are at risk. The retailer will hold going out of business sales at its 13 stores in New York, New Jersey, Pennsylvania and ...

Bloomberg JC Penney Co sales plunged 45% in the second quarter as the department-store chain entered bankruptcy and struggled with an accelerated shift away from physical stores and the Covid-19 outbreak. Net sales fell to $1.39 billion in the period ended on August 1 from $2.51 billion a year earlier, the company reported in a regulatory filing. The retailer’s lenders ...