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Saudi gets boost from Jarir’s strong Q1 results

  DUBAI / Reuters Shares of companies that beat quarterly earnings estimates outperformed on Tuesday with electronics and bookstore retailer Jarir helping lift the mood on the Saudi Arabian exchange. Markets across the region rose modestly in thin trade. Shares of Jarir surged 6 percent to 141.0 riyals in the heaviest volumes in two weeks after it reported a 26.5 ...

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India’s record jet fuel exports set to fall as air travel soars

  SINGAPORE/NEW DELHI / Reuters India’s record jet fuel exports may fall this year as an expanding middle class and cheaper air travel boost local consumption, refinery executives and analysts said, potentially raising ailing profit margins for the fuel. Prime Minister Narendra Modi last month launched the first flight under the Regional Connectivity Scheme that is designed to spur air ...

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‘United Airlines made terrible mistake with passenger clash’

  Bloomberg Warren Buffett, the top investor in United Continental Holdings Inc., faulted the airline for a confrontation last month with a passenger who was ripped out of his seat and dragged off a plane after refusing to give up his spot for a crew member. “Obviously, it was a terrible mistake,” Buffett said on Monday in a televised interview ...

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