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Restore occupied territories to Palestinians

  Hundreds of Palestinians in Israeli prisons launched a hunger strike demanding better conditions, more contacts with relatives, and to end Israel’s practice of detentions without trial. Thousands staged solidarity march in West Bank and Gaza. The hunger strike was led by Marwan Barghouti, who was arrested during Palestinian uprising in 2002 and convicted on multiple counts of murder for ...

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Tax cuts don’t work the way free marketers expect

  Economists who lean toward the free-market side of the ideological spectrum often say that tax cuts help the US economy by encouraging people to work more. Greg Mankiw, a Harvard economist who earns a very high income from his famous textbooks, has repeatedly claimed that higher taxes will discourage him from working more. The supposed mechanism is simple — ...

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Belle fits private-equity playbook perfectly

  Private-equity investors aren’t like you or me. Should there be any doubt, take a look at footwear retailer Belle International Holdings Ltd., which despite a 21 percent share price gain this year has the dubious distinction of being the worst-performing stock on the Hang Seng Index since it joined the benchmark in 2010. Bad Footing Since it joined Hong ...

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Amazon should offer free phone or internet in Europe

  Amazon.com Inc. doesn’t need any help, but here is some unsolicited advice anyway. The company needs and wants to expand its Prime membership outside the US, and the craftiest tactic to build its shopping club is to throw in free home internet or mobile phone service in Europe. Sound wacky? Stick with us. Prime is essential to Jeff Bezos’s ...

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Starting local airline in India a ‘misadventure’: Lufthansa

  Bloomberg Deutsche Lufthansa AG said starting a domestic airline in India, the world’s fastest growing aviation market, will be a “misadventure” because of high jet fuel taxes and the cost of operations. Lufthansa’s comments come weeks after Qatar Airways Ltd said it plans to start an airline in India with as many as 100 planes, as the Gulf carrier ...

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United Airlines Q1 profit fell 69 percent

  DALLAS / AP United Airlines’ profit plunged 69 percent in the first three months of the year, and that was before the terrible publicity surrounding the dragging of a bloodied passenger off a plane. The cost of fuel, labor and maintenance all rose sharply in the first quarter, helping push United’s profit down to $96 million, despite higher revenue. ...

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EAG sets course for Think Science 2017

  Dubai / Emirates Business Etihad Aviation Group (EAG) deployed pilots and engineers at Think Science 2017 to promote aviation careers as part of national efforts to engage youth in science and technology. The event from April, 18-20 at Dubai World Trade Centre (DWTC) is organised by Emirates Foundation and is one of the largest science fairs in the region. ...

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Southwest pilot held with loaded gun at airport

  Bloomberg A Southwest Airlines Co. pilot was arrested after a loaded handgun was found in his carry-on bag while going through a security checkpoint at an upstate New York airport, federal officials said. The first officer’s name wasn’t released in a statement issued Monday by the Transportation Security Administration. He was arrested on a weapons charge after an X-ray ...

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Abu Dhabi top fintech hub in MENA region

  ABU DHABI / WAM Abu Dhabi with the Abu Dhabi Global Market (ADGM) has been ranked as the top FinTech Hub for the MENA region in the latest Global FinTech Hubs Review, ‘A Tale of 44 Cities’, by Deloitte in partnership with the Global FinTech Hubs Federation. This special FinTech Hubs review was released at the 2017 Innovate Finance ...

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Abu Dhabi UPC to unveil development projects at CityScape

  ABU DHABI / WAM The Abu Dhabi Urban Planning Council (UPC), is planning to showcase a range of important development projects in Abu Dhabi, unveil latest development plan of Zayed City in Abu Dhabi and media identity of the project, during first day of CityScape Abu Dhabi 2017. The event will start on Tuesday at ADNEC. Visitors to UPC ...

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