Abu Dhabi / WAM Etihad Airways, the UAE national airline, on Sunday launched its inaugural flight to Vienna, the first of a new twice-weekly service between Abu Dhabi and the Austrian capital. Flight EY147 departed Abu Dhabi International Airport at 7.30 am on Sunday. The new service will be operated on Thursdays and Sundays using Boeing 787-9 Dreamliner aircraft, offering ...

Bloomberg The European Union’s climate plan might be the most ambitious attempt yet to force a major economy to abandon fossil fuels, and by some measures it still won’t be enough to keep global temperatures from rising. But that’s no reason to despair. The Fit for 55 package — named for its goal of cutting emissions at least 55% from ...

Bloomberg Global Power Synergy Pcl, the listed power unit of Thailand’s state-owned PTT Group, has acquired a stake in Indian renewable energy provider Avaada Energy Pvt for about $453 million. Global Power completed the purchase of about 41.6% stake in Avaada through subscription of new shares, the company said in a statement, confirming an earlier Bloomberg News report. The transaction ...