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France wavers on plan to sell part of $9 billion stake in Paris airports

Bloomberg France is wavering on a plan to sell part of a $9 billion stake in Paris’ two main airports to avoid hurting Air France-KLM, the airline in which the government also has a significant investment, according to an official with knowledge of the matter. President Emmanuel Macron’s government has sought to divest shareholdings, which include Charles de Gaulle and ...

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How ‘smart’ luggage makers react to impending airline ban

Bloomberg Considering that the last major innovation in luggage was a four-wheeled suitcase patented in 1972, it’s understandable that recent shifts have thrown the travel industry for a loop. For the past few years, makers of so-called smart luggage—that’s bags with anything from a USB charging port to motorised wheels—have disrupted the market. Airlines are now taking note with arched ...

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Dubai-Japan trade hits AED31bn in 9 months

DUBAi / Emirates Business Ahmed Mahboob Musabih, Director of Dubai Customs, received Japan’s Consul-General in Dubai Akima Umezawa, where they discussed reinforcing mutual cooperation to enhance trade and customs ties between the United Arab Emirates and Japan. Welcoming the Consul-General of Japan, Ahmed Mahboob Musabih underscored Dubai Customs’ commitment to constant coordination with Japanese diplomatic corps to boost trade between ...

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