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European equities extend rebound

  London / AFP European equities pushed higher on Tuesday as investors shrugged off Italy’s referendum result that was already priced into markets, dealers said, as lower oil prices weighed on US stocks. Traders have registered little reaction to Italian Prime Minister Matteo Renzi’s vote defeat Sunday and subsequent resignation, in the wake of recent shock votes in Britain and ...

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flynas launches new route between Dammam, Abu Dhabi

  RIYADH / Emirates Business The Saudi national carrier, flynas, announced the inauguration of a new flight route between Dammam and Abu Dhabi, in a new step towards strengthening the network of international flights, and linking King Fahd International Airport in Dammam with Abu Dhabi International Airport, which is considered the second largest airport in the UAE, and one of ...

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EasyJet relaxes executive pay goals

  Bloomberg EasyJet Plc relaxed performance targets for Chief Executive Officer Carolyn McCall as the discount carrier seeks to bolster pay and retain top managers amid a downturn in the European aviation market. EasyJet must achieve a return on capital spending of 13 percent for the next three fiscal years in order to trigger full long-term incentive payments, down from ...

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