Bloomberg The US Federal Aviation Administration gave its approval to Vietnam’s air-safety system, which will allow the Southeast Asian country’s airlines to fly to the US as it seeks to bolster tourism. Vietnam’s national carrier is planning flights to California. The FAA gave Vietnam a Category 1 rating, meaning US reviewers found that the country adheres to United Nations standards …

Bloomberg So much for a merry Christmas. That is, if you trust the numbers. Commerce Department figures show US retail sales fell 1.2 percent in December from the previous month, the most since 2009, rather than the slight increase economists had forecast. Even more confusing: There was a pullback in a measure based largely on internet sales, which had been …

Dubai / WAM Etihad Credit Insurance (ECI), set a strategy and growth plan aligned with the UAE economic agenda, setting a target to support $3 billion in non-oil exports and re-exports. The announcement came during the recent ECI 2019 Kick-Off Meeting at the Jumeirah Emirates Towers Hotel in Dubai. The event highlighted ECI’s goal to support UAE-based companies with over …

Bloomberg Oil rose to the highest level this year as Saudi Arabia curtailed output at its largest offshore field and amid signals of a thaw in US-China trade tensions. Futures in New York advanced 2.2%. Saudi Arabia was said to trim supply from its giant Safaniyah field to repair a damaged power cable. Chinese President Xi Jinping said US-China trade …

ABYAN/ wam The Emirates Red Crescent (ERC), sent a relief aid convoy to the population in Ahwar District in Abyan Governorate in a continuation to the UAE’s humanitarian aid provided to the liberated areas in Yemen.

Bloomberg There’s only so much you can do to make oil and gas production cleaner. That was a key realization behind Royal Dutch Shell Plc’s decision to set targets to reduce greenhouse-gas emissions not just from its own operations, but also from the products it sells which are consumed by others. So far, it’s the only oil major to do …

Bloomberg It’s all-electric like a Tesla. It’s priced like a Ford Fiesta. It’s one of the oddest-looking vehicles you’ve ever seen — and it may just redefine the commuter car. As General Motors Co. prepares to shut the plant near Toronto that got car-making started in Canada more than a century ago, a new model is taking shape in a …

Bloomberg Japan reached the latest hard-fought step in the 40-year, $194 billion cleanup of the 2011 Fukushima meltdown: A robot successfully touched some of the melted fuel sitting inside one of its three wrecked reactors. Japan has decided to remove and dispose of the melted nuclear fuel inside of the Fukushima plant, rather than entombing the site as was done …

Bloomberg Rovio Entertainment Oyj, maker of the Angry Birds mobile games, fell after it reported declining profitability, and warned investors of lower profits for the first half of the year. The company is prepared to cede control of subsidiary Hatch Entertainment, the cloud-based gaming service it currently owns 80 percent of, to less than 50 percent. Without Hatch, the Finnish …

Bloomberg As the video game model evolves, Morgan Stanley expects the market to pay less for publishers until they develop a better sense of what works. The success of free-to-play games like Fortnite by Epic Games and recently released Apex Legends by Electronic Arts Inc. are changing player behavior, as gamers may not see the utility of paying $60 for …