Dubai / WAM Emirates will resume passenger services to Stockholm with weekly flights from August 1, expanding its network in Europe to 22 cities, and connecting customers from Europe to the Middle East, Asia Pacific and Africa. The restart of Stockholm flights means that all Emirates gateways in Scandinavia will have resumed services by August, with flights to Oslo resuming ...

Dubai / WAM The Dubai Chamber of Commerce and Industry announced the launch of a task force under its Sustainability Network, which will address the issue of late payments to subcontractors and suppliers. The Task Force on Prompt Payment Practices for Subcontractors and Suppliers, joined by member companies representing a wide variety of economic sectors will explore the root causes ...

Abu Dhabi / Emirates Business Etihad Airways and Boeing will work together starting in August on the seventh iteration of the ecoDemonstrator programme to test innovative technologies in the air, building on the core innovation and sustainability tenets of their strategic partnership signed in November 2019. The ecoDemonstrator programme utilises commercial aircraft as flying testbeds to accelerate technology development that ...

Bloomberg The European Union’s most coal-reliant country has a controversial new strategy for its 400 billion-euro ($456 billion) green push: bulk up the Polish state oil company and let it lead the transformation. Poland announced plans to build an energy champion with the financial heft to drive the overhaul by combining refiner PKN Orlen SA and gas group PGNiG SA. ...

Bloomberg Chevron agreed to buy Noble Energy Inc for about $5 billion in shares. The takeover is the first major deal since the coronavirus triggered a severe oil slump. It’s a clear vote of confidence in the future of the US shale industry even as it struggles to adapt to lower crude prices. “Our strong balance sheet and financial discipline ...

The debate about stock buybacks — the practice of companies buying their own shares — goes to the heart of modern capitalism. What should companies do with the profits they earn? Should firms distribute these often colossal sums to the underlying shareholders? Or should they plow their earnings back into the company to develop new products and technologies that sustain ...

Winter is coming, but which one? UK Prime Minister Boris Johnson acknowledged last week that there are two possible scenarios: a mild season on the coronavirus front or a viral blizzard. He’d like Britons to start investing, spending and moving around as if the end of 2020 will be benign. He has promised that the government will, however, be ready ...

I n the midst of a devastating pandemic, President Donald Trump is destroying the CDC’s ability to discharge its most vital responsibility: to maintain active surveillance of diseases by gathering, analysing and reporting data. Even by this president’s low standards, this is unconscionable. With Covid-19 surging out of control and healthcare workers in many states struggling to keep up with ...

In combating Covid-19, the US stumbled into a “natural experiment” whose national negative outcomes have outweighed the positive ones, including greater loss of life and more cases of debilitating illness, not to mention a setback to economic recovery. Now it faces a second natural experiment whose outcome is also likely to be disappointing unless we are willing to learn more ...

Bloomberg Airbus SE called for increased UK investment in sustainable aviation to supplement budgets strained by the coronavirus crisis and help safeguard the country’s position as a major player in the industry. Chief Executive Officer Guillaume Faury, speaking on a panel on Monday for the virtual Farnborough Air Show, said Britain has put advances in decarbonisation and digitisation high on ...