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Etihad flies 5m travellers to and from China

ABU DHABI / WAM Etihad Airways has transported five million passengers to and from China since the launch of its first flights to Beijing 11 years ago, reflecting the importance of the UAE as a strategic partner in the Belt and the Road Initiative. In a statement to the Emirates News Agency (WAM), Etihad Airways noted that it currently operates ...

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Apple supplier TSMC beats as demand rises for chips

Bloomberg Taiwan Semiconductor Manufacturing Co (TSMC) projected current-quarter revenue ahead of estimates, as the Apple supplier shrugs off a smartphone slump and US sanctions on Huawei Technologies Co to ride demand for cutting-edge chips. The world’s largest contract chipmaker expects sales of $9.1 billion to $9.2 billion in the September quarter, ahead of average projections for about $8.9 billion. The ...

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Vodafone Idea picks US-based lenders for $1.9bn fiber sale

Bloomberg Vodafone Idea Ltd has hired Bank of America Corp and Morgan Stanley to help sell its fiber assets as India’s largest mobile carrier by users seeks to bolster its finances, people familiar with the matter said. The bankers will initiate discussions with potential buyers for the fiber assets, which could be valued at as much as 130 billion rupees ...

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