Dubai / WAM Abu Dhabi Media Company (ADM) has successfully commenced a live broadcast of media business continuity on telecom operator du’s media cloud services. ADM’s Live HD channel broadcast the solution end to end, and replicated the HD Live channel through the cloud to deliver business continuity, essentially running the entire broadcast operations in the cloud from ingest through ...

  Abu Dhabi / WAM The National Central Cooling Company (Tabreed) announced that it has now surpassed 1 million Refrigeration Tons (RT) of cooling capacity. Jasim Husain Thabet, Tabreed’s CEO, said, “This is a significant milestone to celebrate for our company and our customers, and we are proud to deliver our services to such an iconic theme park in the region. ...

  Bloomberg Ryanair Holdings Plc cut its profit guidance as the slump in the pound following Britain’s vote to quit the European Union weighs on fares, after previously holding out against a revision. Net income in the year ending March 31 will increase by about 7 percent rather than the 12 percent previously estimated as sterling’s slide has a bigger ...

  Bloomberg Tesco Plc’s share of its home market grew for the first time in five years, providing further evidence that Chief Executive Officer Dave Lewis has gotten the U.K.’s biggest grocer back on track. Tesco’s sales in the 12 weeks to Oct. 9 rose 1.3 percent, according to researcher Kantar Worldpanel. The Welwyn Garden City, England-based retailer was the ...

  Bloomberg British Airways Chief Executive Officer Alex Cruz threw his weight behind the construction of a third runway at London’s Heathrow airport and said the carrier is continuing to develop expansion plans even as it wrestles with the fallout from the UK’s vote to quit the European Union. With the UK government poised to decide on the location of ...

  Bloomberg Kenya Airways pilots have called off a planned strike at the airline partly owned by Air France-KLM after talks between union officials and government representatives, according to a spokeswoman. The Kenya Airline Pilots Association, or KALPA, intended to go on strike from October 18 to demand the resignation of Chief Executive Officer Mbuvi Ngunze and Chairman Dennis Awori. ...

  Bloomberg Customers of Southwest Airlines Co., JetBlue Airways Corp. and Virgin America Inc. can resume online flight bookings after technical difficulties with Sabre Corp. computer systems prevented reservations from being made on their websites. “The technical issue that impacted some of our airline and travel agent customers has been resolved and our partners and subscribers are reporting that systems ...

  Bloomberg Burberry Group Plc shares fell the most in a year after the British trench coat maker reported declines in its Asian business and worsening results at its wholesale unit, offsetting a Brexit-inspired boost in tourist spending in the UK. The stock declined as much as 10 percent in London, the biggest intraday drop since Oct. 15 of last ...

  Shanghai / Agencies China’s two-week money-market rate climbed the most in almost two years as the central bank drained funds from the financial system and a weakening yuan reduced the possibility of monetary easing. The 14-day repurchase rate, a gauge of interbank funding availability, surged 52 basis points, the most since December 2014, to a two-week high of 3.03 ...

  Bloomberg Britain’s banks face a ban on restrictive contract clauses and misuse of league tables in pitches to clients, in an attempt by the UK’s financial regulator to shake-up competition in investment and corporate banking. In a final report published by the UK Financial Conduct Authority on Tuesday, the agency said improvements must be made by banks in primary ...