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Etihad, Boeing unveil first-of-its-kind eco-friendly plane

Abu Dhabi / WAM Etihad Airways and Boeing on Monday announced a first-of-its-kind ‘eco partnership’, in which a specially-themed Boeing 787 Dreamliner will be used to test products, procedures and initiatives designed to reduce aircraft carbon emissions. The ‘Etihad Greenliner’, to be introduced early next year, will be used by both companies to explore and assess environmental sustainability initiatives while ...

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SoftBank to create Japan internet giant to battle rivals

Bloomberg Masayoshi Son, after backing startups around the world, is engineering a complex deal on his home turf to create a national champion that can more effectively compete with global rivals like Google and Amazon.com Inc. Son’s SoftBank Group Corp plans to combine its Yahoo Japan internet business with Line Corp in a deal that values the country’s leading messaging ...

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India provides creditors path to recover loans

Bloomberg India unveiled rules to help creditors recover loans due from large shadow lenders as a prolonged upheaval in the nation’s credit markets raises the risk of defaults by the financiers. The amended law provides a generic framework for insolvency and liquidation proceedings of systemically important financial services providers, other than banks, according to a government statement. The 15-month-old credit ...

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