Abu Dhabi / WAM Borouge Plc announced on Wednesday that its block polypropylene (PP-B) materials have been selected by the consultant and contractor of the engineering, procurement and construction (EPC) works to manufacture drainage pipelines of the third line of the Greater Cairo Metro project in Egypt. Through the partnership, Borouge will provide its materials to Egyptian German Industrial Corporate …

  Bloomberg Higher food and payroll costs are weighing on J Sainsbury Plc, squeezing the British grocer as it tries to hold down prices for cash-strapped shoppers. The supermarket chain’s shares fell as much as 3% in London even after it reported strong Christmas sales and said profit will be at the higher end of a previously guided range. That’s …

  Bloomberg The failure of a key pilot notification system operated by the Federal Aviation Administration (FAA) disrupted air travel in the US early on Wednesday morning, with United Airlines Holdings Inc. temporarily grounding flights to all destinations. Scores of passengers due to fly domestically reported delays on social media, and there was no estimate available for the restoration of …