Bloomberg British mobile phone giant Vodafone on Tuesday said its first-half net loss doubled to more than 5.0 billion euros owing to a huge writedown for its Indian unit. Vodafone said its loss after tax soared to 5.1 billion euros ($5.5 billion) in the six months to September 30 compared with a net loss of 2.5 billion euros one ...

  Bloomberg Warren Buffett’s Berkshire Hathaway Inc. bet on the biggest US airlines, reversing decades of aversion to the industry. Berkshire held 21.8 million shares of American Airlines Group Inc. as of Sept. 30, valued at almost $800 million at the time, according to a regulatory filing from the billionaire’s Omaha, Nebraska-based business. Buffett’s company also reported 6.33 million shares ...

  Sharjah / Emirates Business Hotels and hotel apartments across the Emirate of Sharjah welcomed a combined 1,318,748 guests in the first nine months of 2016 (January to September). The Sharjah Commerce and Tourism Development Authority (SCTDA) released the statistics as it took part in the World Travel Market (WTM) in London on November 7-9. The Authority headed a delegation ...