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Mandatory legroom on your next flight? Awful idea

Adam Minter Airline passengers are being packed into planes “like sardines,” says U.S. Senator Charles Schumer. So he wants the Federal Aviation Administration to set minimum seat-size guidelines. The point, Schumer suggested, is to right an injustice: “It’s just plain unfair that a person gets charged for extra inches that were once standard.” In other words: Everyone could soon get ...

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Emirates Securities Market up by 1.18 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 1.18% to close at 4418.81 points. Accordingly the Market Capitalization has gained AED 8.38 billion attaining AED 716.79 billion. A total of 0.88 billion Shares were traded with a total value of AED 1.28 billion during the trading session of 03-03-2016 through 12114 transactions. The number of companies which ...

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Asian stocks rally as currencies, copper gain

Bloomberg Asian shares and currencies rose along with industrial metals as improving U.S. economic data coupled with prospects for stimulus in China spurred risk-taking. The MSCI Asia Pacific Index was set for its biggest three-day rally since August, led by banks and raw-materials producers. The Stoxx Europe 600 Index snapped a five-day winning streak. South Korea’s won and Malaysia’s ringgit ...

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