Bloomberg Tax cuts have given a boost to Americans’ take-home pay this year. The question hanging over the US economy is whether they are putting the extra cash towards savings and debt, or using it to go shopping. Retail-sales data due on Monday from the Commerce Department will help provide an answer, and economists are betting that consumers finally opened ...

LONDON / Reuters Rolls-Royce requires more money and more inspections to fix problems with Trent 1000 engines on Boeing 787 Dreamliner planes, leading to further disruption for airlines and testing relations between Rolls and its customers. Problems with engine turbine blades wearing out sooner than expected have hampered a restructuring programme prompted by the engineering company’s declining older engine programmes ...

DUBAI / WAM The Dubai Land Department (DLD) revealed that real estate transactions in Dubai for the first three months of 2018 totalled AED58 billion through 13,759 sales. Commenting on the announcement, Sultan Butti bin Mejren, Director-General of DLD, said, “The Dubai real estate market continues to show continuous growth, driven by general optimism and confidence in the real estate ...