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Aviation meet in Dubai to focus on handling of dangerous goods

Dubai / Emirates Business The 6th Annual World Aviation Safety Summit (WASS) will provide a focus on approaches for handling dangerous goods, organisers of the event revealed on Wednesday. Hosted by the Dubai Civil Aviation Authority WASS 2018 is set to return for its sixth edition on December 11 and 12 at Roda Al Bustan, Dubai. More than 1.25 million ...

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Opec moves to calm oil-supply fears as India slams high prices

Bloomberg Organisation of Petroleum Exporting Countries (Opec) again sought to reassure markets after one of its biggest customers complained about the pain of high prices. “There is no cause for alarm,” Opec Secretary-General Mohammad Barkindo said, adding that India had sent a letter bemoaning the state of the oil market. While insisting supplies are sufficient, he neglected to specify how ...

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Drax is buying power plants from Iberdrola

Bloomberg Drax Group Plc agreed to buy some of Iberdrola SA’s power plants for 702 million pounds ($923 million), boosting its clean energy assets in a further shift away from burning coal. The acquisition involves pumped storage, renewable hydro and gas-fired power assets and will increase the utility’s generation capacity by more than 60 percent to about 6.6 gigawatts, Chief ...

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