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Emirates to launch first A380 service to Bali from June 1

DUBAI / GULF TIME Emirates, the world’s largest international airline, will deploy its signature A380 aircraft to Bali starting from June 1, marking a milestone in Indonesia’s aviation history as the first A380 service to the country. The new 2-class Emirates A380 service will replace one of the two daily services to Bali currently operated by a 2-class Boeing 777-300ER ...

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Dollar’s post-Fed swoon gives emerging markets some space

BLOOMBERG A slump in the dollar after the Federal Reserve’s latest interest-rate hike will be a breath of fresh air for emerging-market policymakers as it puts a floor under their currencies and eases their efforts to control inflation. The greenback weakened across the board, resuming a downtrend that started in earnest six months ago, and allowing the South Korean won, ...

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Europe futures, Asia stocks decline as appetite sours

BLOOMBERG Contracts for European equities fell and Asian shares edged lower on Friday as the malaise hanging over the global banking sector damped risk taking in markets. The yen rallied. Euro Stoxx 50 futures declined around 0.7%, while a gauge of Asian shares slid after earlier swings between gains and losses. Financials were among the worst-performing sectors on MSCI Inc’s ...

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