Dubai / Emirates Business Emirates will commence its signature Ramadan service for customers during the holy month. Emirates’ Ramadan service consists of specially crafted iftar meals on board, relevant programming on its ice inflight entertainment system, and the distribution of dates and water on the ground for those breaking their fast. Emirates provides iftar boxes with a nutritional meal for ...

Bloomberg Europe is starting to steal some of the limelight from China’s booming liquefied natural gas demand as imports pick up after several lackluster years. Europe and China will be comparable in significance as importing regions in the coming years, Cheniere Energy Inc. said, citing data from Wood Mackenzie Ltd. That follows “absolutely phenomenal” growth in China last year, Andrew ...

Bloomberg The gas market is being flipped upside down. Australia, soon to become the world’s biggest exporter of liquefied natural gas, is now turning to the largest buyer Japan as it seeks to import the fuel to ease a domestic supply crunch. In a scenario played out previously by LNG shippers including Indonesia and Malaysia, Australia is seeking to import ...

Bloomberg The 10-year Treasury yield topped 3.05 percent for the first time in four years, stocks slumped from two-month highs and the dollar rallied as speculation grew that signs of a firm American economy won’t derail the Federal Reserve from its rate path. The S&P 500 Index halted a four-day rally, ending a risk-on mood that had propelled equities to ...

Bloomberg Coinbase Inc. became the best-known cryptocurrency exchange in the US by bringing Bitcoin to the masses. Now it’s looking to crack Wall Street. The San Francisco-based company is developing several tools to lure institutional investors onto its platform. They include custodial services where investors can store large amounts of digital currencies, as well as enhanced trading capabilities, such as ...

Bloomberg Tata Steel Ltd.’s plan to double its production capacity in five years received a boost after an Indian court gave its final approval for the purchase of the assets of Bhushan Steel Ltd., Tata’s biggest buy since Corus Group Plc. The two-judge tribunal rejected objections to Tata’s bid from Bhushan creditor Larsen & Toubro Ltd. and the steel company’s ...

Bloomberg China Tower Corp., the state-owned wireless infrastructure operator, filed for an initial public offering (IPO) in Hong Kong that could match the city’s biggest since 2010. While the world’s largest telecom tower service provider didn’t give a fund-raising target or proposed timing of the sale in its filing dated Monday, the IPO may raise about $10 billion, people with ...

Bloomberg Apple Inc. Chief Executive Officer Tim Cook said he criticised Donald Trump’s approach to trade with China in a recent White House meeting, while urging the president to address the legal status of immigrants known as Dreamers. In an interview on Bloomberg Television, Cook said his message to Trump focussed on the importance of trade and how cooperation between ...

Bloomberg Tencent Holdings Ltd. is back below HK$400 as investors await its quarterly earnings. The shares slumped 3.4 percent on Tuesday for the biggest drag on the Hang Seng Index, taking its losses since a record in January to $95 billion. Whether it’s just a case of profit taking after a five-day rally, whispers about quarterly numbers, or just index ...

Bloomberg An influential proxy adviser joined Elliott Management Corp. in opposing an $8.8 billion deal between two Hyundai Motor Group units, complicating the automotive giant’s ability to get shareholders to vote for an overhaul that may help the chairman pass control of the South Korean conglomerate to his son. Glass Lewis & Co., which provides voting advice for more than ...