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Emirates to celebrate the Year of Zayed in-flight and in the air

Dubai / Emirates Business Emirates will be sharing the legacy of the late His Highness Sheikh Zayed bin Sultan Al Nahyan to a global audience in 2018. To celebrate the ‘Year of Zayed’, Emirates is featuring the achievements of HH Sheikh Zayed in the pages of its official inflight magazine, Open Skies each month. The ‘Year of Zayed’ commences in ...

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Anil Ambani’s wireless unit seeks to cut $6 billion of debt

Bloomberg Billionaire Anil Ambani’s Reliance Communications (RCom) Ltd. said it was in the final stages of selling some assets as it aims to exit a debt restructuring programme and cut total borrowings by $6 billion. The company’s shares surged. The embattled mobile carrier will reduce total debt to 60 billion rupees ($936 million) from 450 billion rupees as of October ...

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Japan’s Nippon Paint eyes big acquisitions

Bloomberg Nippon Paint Holdings Co. is shopping for large acquisitions, including in Europe, to expand outside Japan amid a global consolidation among the biggest coatings makers. “While our expansion is centred on China and other Asian countries in line with our mid-term plan, we also aim to expand through M&A in Europe and the United States,” Nippon Paint President Tetsushi ...

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