Abu Dhabi / Gulf Time “Al- Shaqi” owned by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, crowned as the champion of the Sheikh Zayed Festival for 60- foot sailing bearings, in the first round of this category, which was launched by the Abu Dhabi Marine Sports Club. The race was held under ...

  Bloomberg Bed Bath & Beyond Inc. has lined up investors for an eleventh-hour cash infusion that would allow it to stave off a bankruptcy filing. The retailer, which has been preparing for a Chapter 11 filing after lenders declared it in default last month, plans to issue convertible preferred securities and warrants, it said in a statement, in a ...

  Bloomberg A FedEx Corp. wide-body cargo jet came within 100 feet of colliding with a Southwest Airlines Co. plane early February 4 in Austin, Texas, and the two planes remained in close proximity for at least 30 seconds, according to accident investigators. The FedEx Boeing Co. 767-300 had been cleared to land on the same Austin-Bergstrom International Airport runway ...