ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 1.06% to close at 4507.24 points. Accordingly the Market Capitalization has gained AED 7.68 billion attaining AED 731.13 billion. A total of 0.77 Billion Shares were traded with a total value of AED 0.84 billion during the trading session of 04-04-2016 through 8238 transactions. The number of companies which ...

Bloomberg Avolon, the aircraft-leasing company acquired by the parent of China’s Hainan Airlines Co., is in talks with carriers keen to add Airbus Group SE’s A330neo to their fleets and may increase orders for the new wide-body jet as Asian travel demand spikes. “We’ve been in discussions with Airbus, as we place more, we may order more,” Chief Executive Officer ...

New York / AFP Amazon has been making moves over the past few months to position itself as a force in the ready-to-wear fashion world. The Seattle-based online retail titan has already revolutionised how consumers shop and has been selling clothes for more than a decade. In 2006, it bought the site Shopbop and snapped up online footwear go-to Zappos ...