Bloomberg Bank failures in Italy and the drawn-out rescue of Banca Monte dei Paschi di Siena SpA revealed the frayed edges in Europe’s patchwork of rules for dealing with firms in crisis, and fixes are needed to make the system work as intended, according to Elke Koenig, who makes the call on saving or shuttering major euro-area lenders. “Let’s try …

Bloomberg Air France-KLM Group signaled that a turnaround that began early this year is continuing as summer bookings rise and tourists from Asia and the US return to France after staying away in 2016. “The second quarter is good and the bookings for this summer are also quite positive compared to last year,” Jean-Marc Janaillac said in an interview at …

Abu Dhabi / Emirates Business Etisalat on Sunday announced its commercial launch of NB-IoT and LTE-M technologies becoming the first operator in the MENA region to offer these new technologies enabling variety of solutions and services. Both NB-IoT (Narrowband Internet of Things) and LTE-M (Long Term Evolution for machines) technologies are 3GPP (3rd Generation Partnership Project) based standardized technologies using …