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Boeing’s 737 Max jet gets a thumbs up in $4.4bn Korean order

Bloomberg Boeing Co.’s 737 Max jet just got a vote of confidence with a $4.4 billion order from a South Korean carrier, less than a month after one of the planes crashed in an incident investigators believe was caused by a faulty flight system. Jeju Air Co., South Korea’s biggest budget carrier, ordered 40 Max 8 aircraft at a list ...

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Shiseido signs tennis star Osaka to fuel global presence

Bloomberg Shiseido Co., the Japanese beauty company seeking a more global presence, is bringing on a local hero with international appeal to sell its cosmetics, signing tennis star Naomi Osaka as a brand ambassador. Osaka, the first Japanese player to win a Grand Slam singles championship, has attracted advertisers looking for a fresh new face to reach a more diverse ...

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EasyJet’s summer bookings gain amid Brexit concern

Bloomberg EasyJet Plc delivered a surprisingly upbeat assessment of the impact of Brexit on the European travel market, saying that not only will flights continue unimpeded but that bookings for next year are actually higher. The company’s fiscal first half, which ends on March 31, two days after Britain is due to quit the EU, is showing “solid demand,” with ...

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Largest Ikea store to open in Manila

Bloomberg The world’s largest Ikea store will open in 2020 in the Philippines as the Swedish furniture retailer presses on its bets in Asia. Ikea will debut a 65,000 square metre (700,000 square feet) store in SM Prime Holdings Inc.’s Mall of Asia where it’s leasing a space that’s equal to more than 150 basketball courts, Ikea Southeast Asia Managing ...

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French supermarket chain names new finance chief

Bloomberg Casino Guichard-Perrachon SA promoted David Lubek to chief financial officer as the embattled French supermarket chain freshens up management in a bid to fend off short sellers who question its accounting. Lubek, 45, replaces Antoine Giscard d’Estaing, a 57-year-old nephew of a former French president. The outgoing CFO will pursue new professional projects after 10 years at the company, ...

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Mohamed emphasises importance of dialogue on child safety

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received the participants of the ‘Interfaith Alliance For Safer Communities: Child Dignity in the Digital World Forum’ being organised by the Ministry of Interior. During the meeting, held at the Al Bahr ...

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Careem provides new opportunities to Emirati workforce in Abu Dhabi

Abu Dhabi / WAM In collaboration with TransAD, Careem has introduced a new programme to provide flexible and safe income earning opportunities to Emiratis and sons and daughters of Emirati women living in Abu Dhabi. These UAE nationals can now opt to register on the Careem platform and drive private vehicles as part of a new initiative to open up ...

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We focus on maximising value from all our energy resources

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), will accelerate delivery of its new integrated gas strategy, as well as its plans to increase its oil production capacity to four million barrels per day by 2020, with Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and Adnoc Group CEO, saying there would be no let-up ...

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Abu Dhabi education price index up 3.4%

Abu Dhabi / WAM The Education Price Index (EPI) for the academic year 2018/ 2019 in the Emirate of Abu Dhabi increased by 3.4% in 2018 compared with 2017. The Education Price Index in 2018 was 108.0% and 104.4% in 2017, according to the Statistics Centre – Abu Dhabi. The Education sector in the emirate of Abu Dhabi is one ...

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UAE standout as key participant at Bahrain airshow

Manama / Emirates Business Under the patronage of His Majesty King Hamad bin Isa Al Khalifa, King of the Kingdom of Bahrain, and under the supervision of His Highness Shaikh Abdullah bin Hamad Al Khalifa, Personal Representative of His Majesty the King and the Chairman of BIAS Supreme Organising Committee, the fifth edition of the Bahrain International Airshow 2018 (BIAS) ...

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