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Vietnam’s aviation safety gets approval for US flight

Bloomberg The US Federal Aviation Administration gave its approval to Vietnam’s air-safety system, which will allow the Southeast Asian country’s airlines to fly to the US as it seeks to bolster tourism. Vietnam’s national carrier is planning flights to California. The FAA gave Vietnam a Category 1 rating, meaning US reviewers found that the country adheres to United Nations standards ...

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Shock drop in US retail sales draws skepticism over data

Bloomberg So much for a merry Christmas. That is, if you trust the numbers. Commerce Department figures show US retail sales fell 1.2 percent in December from the previous month, the most since 2009, rather than the slight increase economists had forecast. Even more confusing: There was a pullback in a measure based largely on internet sales, which had been ...

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ECI to secure $3 billion in UAE non-oil exports, re-exports

Dubai / WAM Etihad Credit Insurance (ECI), set a strategy and growth plan aligned with the UAE economic agenda, setting a target to support $3 billion in non-oil exports and re-exports. The announcement came during the recent ECI 2019 Kick-Off Meeting at the Jumeirah Emirates Towers Hotel in Dubai. The event highlighted ECI’s goal to support UAE-based companies with over ...

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