California / Bloomberg GE Ventures bought a stake in Germany’s Sonnen GmbH to boost its presence in the fast-growing market for battery systems built to store solar power. GE’s unit is paying a “mid double-digit million-euro” sum for a minority stake in the company, according to a statement by Wildpoldsried, Bavaria-based Sonnen. The company said other investors are considering ...

  Oakland / Tribune News Service Southwest Airlines has hit 100 daily departures from Lambert-St. Louis International Airport. The airline is the airport’s dominant carrier, with about half the market share, and has its own terminal. Its newest nonstop flights are to Oakland, Calif., Portland, Ore., and Cleveland. St. Louis passengers already could get to Cleveland and Portland directly on ...

  New York / Bloomberg Swiss pilot Andre Borschberg postponed a flight of his solar aircraft around the Statue of Liberty due to gusty winds. The Solar Impulse project, which is flying an ultralight one-man aircraft around the world, will announce a new flight date later, according to its website. Borschberg, 63, had planned to take off in the fuel-free ...

  Kuala Lumpur / Bloomberg Malaysia Airlines Bhd. Chief Executive Officer Christoph Mueller, midway through a six-month notice period following his surprise resignation in April, said the company should resist unwinding a turnaround strategy that’s cut 6,000 jobs and reduced capacity by almost a third. The Asian carrier is ahead of schedule with its restructuring, having reached break even recently, ...

  Seoul / Bloomberg Samsung Electronics Co. is considering introducing two new smartphone models that will feature bendable screens, including a version that folds in half like a cosmetic compact, people familiar with the matter said. The devices using organic light-emitting diodes could be unveiled as soon as early 2017, the people said, asking not to be identified because the ...

  WASHINGTON / AFP Astronauts entered an inflatable add-on room at the International Space Station (ISS) on Monday for the first time since it was fully installed last month, NASA said. US astronaut Jeff Williams told the US space agency’s mission control that the flexible habitat — known as the Bigelow Expandable Activity Module (BEAM) — looked “pristine” and was ...

  RITIKA SHARMA / Emirates Business If you are looking for something that is not too formal as hotel room and not too informal as an apartment, try La Verda Suites and Villas the next time you visit Dubai. For a revitalising break that makes you feel more at home, La Verda has crafted a property that is nothing less ...

  Our Correspondent EMIRATES BUSINESS Launched by French designer François Lipovetsky in 2005, Lipault has become one of France’s leading luggage brands. Lipault aims to put the fun back into travel with— Bright fashion colors, ultra-lightweight designs, luxurious-yet-durable fabrics, and unique, innovative and well-made gear. Its great sense of style—vibrant and on-trend colors in simple and sophisticated shapes has attracted ...

  Sharjah / Emirates Business Industry leaders and those working in the exhibitions industry in the Middle East and Africa will join hands with tens of thousands of their counterparts across the world to mark the first ever Global Exhibitions Day on June 8. With 4.4 million companies exhibiting annually at 31,000 shows that are visited by 260 million people ...

  Dubai / WAM Dubai Customs and the UAE Sailing and Rowing Federation (UAE SARF) sealed a partnership agreement setting Dubai Customs as Host Sponsor of the much-anticipated Silver Anniversary Dubai to Muscat Yacht Race, 2016. The agreement was signed by Sheikh Khaled Zayed Saqr Al Nahyan, Chairman of the Federation, and Ahmed Obaid Al Falasi, Executive Director of HR, Finance ...