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Southwest gets safety-risk warning over feud with mechanics

Bloomberg Aviation regulators warned Southwest Airlines Co. and its mechanics’ union that their contentious contract talks and legal fight are putting the carrier’s safety at risk. The Federal Aviation Administration sent the letter to Southwest and the Aircraft Mechanics Fraternal Association, urging the two parties to work cooperatively on safety issues. Southwest flies the most passengers on domestic flights of ...

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VP okays $1.6b projects in northern emirates

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday announced allocation of AED5.8 billion ($1.6bn) for water and electricity projects in northern emirates. His Highness also approved an AED2.4 billion project to build dams and a federal water network that connects the water resources ...

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OECD cuts global outlook on trade, political tensions

Bloomberg The global economy is suffering more than expected from trade tensions and political uncertainty which are clouding prospects particularly in Europe, according to a gloomy report from the OECD. As these are the organisation’s first forecasts in almost four months, it’s partly playing catch-up with developments since then. In that period, little has gone right for the world’s biggest ...

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