Hong Kong / Bloomberg Crude oil’s plunge to the cheapest level in more than a decade helped the global airline industry boost profit forecasts. One airline that hasn’t fully benefited is Cathay Pacific Airways Ltd. The marquee Hong Kong airline reported an unrealised fuel-hedging loss of HK$7.42 billion ($954 million) as of end-June — and oil prices have slumped a …

Sunaina Rana / EMIRATES BUSINESS An architectural triumph acting as the centerpiece of Yas Island, Yas Viceroy Abu Dhabi hovers over land and water and spans the Yas Marina Circuit, the favoured racetrack for Formula 1 legends. Beneath the hotel’s light canopy, Yas Viceroy presents guests with a new perspective for a resort, perched between city sophistication and jet-setting island …

Our Correspondent / EMIRATES BUSINESS Montres Corum is a Swiss watchmaker based in La Chaux-de-Fonds, was founded in 1955, it makes high-quality and high-price watches. Following the luxury brands popularity around the globe, Corum collaborated with Ahmed Seddiqi and Sons and Al-Fardan Jewellery to enter UAE market. With more than 15 years’ experience in this field, first with Bvlgari then …