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  Abu Dhabi / WAM Solar Impulse 2 (Si2), the record-shattering solar-powered plane, touched down in New York City, completing the latest leg of its quest to circumnavigate the world without a drop of fuel. A representative from Masdar, Solar Impulse’s host partner, attended the arrival of the airport at John F. Kennedy airport. Commenting on the plane’s arrival in New ...

  Alkesh Sharma Emirates Business Airlines worldwide are spending more on technological advances to offer more personalised options for travellers. Right from booking the most comfortable seat to tracking luggage, printing boarding pass and getting regular updates on flight schedules, passengers are now able to control an array of things through their smart devices. According to The Airline IT Trends ...

  Dubai / Emirates Business The Department of Economic Development (DED) in Dubai has made eight new additions to the list of business activities licensed in the emirate, bringing the total number of activities to 2,133 from 2,125. The decision follows feedback on local market needs and the demand-supply situation gathered periodically from various industry sectors as part of facilitating ...

  WASHINGTON / AP Far from ending the two wars he inherited from the Bush administration, Barack Obama is wrestling with an expanded set of conflicts in the final months of his presidency, from Iraq and Afghanistan to Libya and Syria, with no end in sight. In Afghanistan, where a Taliban resurgence has upset Washington’s “exit strategy,” Obama is giving the ...

  Beirut/ AFP Western powers lashed out at Syria’s government, accusing regime forces of dropping barrel bombs on the town of Daraya hours after it received its first food aid in almost four years. The strikes, using crude unguided explosive devices, came as Arab-Kurdish fighters said they had encircled a stronghold of IS fighters in northern Syria, cutting off a ...

  Beijing / Bloomberg The International Monetary Fund’s No. 2 official urged China to take immediate steps to tackle rising corporate debt or risk “dangerous detours” during the country’s transition to a consumption-oriented economy. “Corporate debt remains a serious — and growing — problem that must be addressed immediately and with a commitment to serious reforms,” David Lipton, the IMF’s ...

Bloomberg Treasuries logged their biggest two-week gain since February as traders wagered that the Federal Reserve will forgo raising interest rates for months to come. Benchmark yields sank to the lowest since 2013, driven by investors seeking shelter in government debt amid global growth concerns and the threat of instability when the U.K. votes June 23 on membership in the ...

  Bloomberg Investors are showing little appetite for repeating the rebellion against record-low government bond yields in Europe that peaked this time last year. As faith in central bankers’ ability to boost economic growth and revive inflation diminished, German 10-year bund yields slid to a record this week. The previous low set in April 2015 was followed by a spike ...

  Bloomberg The campaign for Britain to leave the European Union took a 10 percentage-point lead in a poll published late Friday, less than two weeks before the country votes in a referendum. The survey of 2,000 people by ORB for the Independent newspaper found 55% in favor of a so-called Brexit, up 4 points since a previous poll in ...

  DUBAI / Emirates Business Under the theme “Reimagining Realities”, Gitex Technology Week 2016, from October 16-20, will highlight how technology can transform businesses through cutting-edge showcases, international keynotes and dignitaries from around the globe in attendance. Robotics and drones will demonstrate how the supply chain is evolving at the upcoming Gitex Technology Week, the largest technology exchange and marketplace ...