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Airlines, airports may struggle with US security deadlines

Bloomberg Airlines and overseas airports will struggle to meet deadlines for implementing broad new security requirements on flights to the US, airline industry groups and consultants say. Airports have a short timeline to comply with a few of the directives the Department of Homeland Security, according to a memo from the International Air Transport Association to its members. Some technology ...

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EU fine to cut Google profit by $2.74bn

Bloomberg Alphabet Inc. said that the European Commission’s recent antitrust fine will reduce second-quarter profit by about $2.74 billion. The company plans to report the fine in a separate operating expense line on its income statement. It’s not tax deductible, so the charge will reduce Alphabet’s net income and earnings per share by the full $2.74 billion amount, it said ...

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Airport Street project to be completed by 2018 first half

DUBAI / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has announced that construction works have reached 50% on the First Contract of Improvement of Airport Street Project covering Rashidiya & Casablanca Intersections. He also added that completion rate had reached 40% for the Second Contract covering Nad Al ...

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