Bloomberg Wind filled the highest ever portion of Britain’s electricity needs as Storm Ciara moved across the country, disrupting power supplies, interrupting transport and forcing soccer matches to be postponed. High winds also helped shorten the flying time from North America to Europe. British Airways flight 112 became the fastest ever subsonic passenger flight from New York to London, at …

Bloomberg Tapestry Inc rose after posting strong sales at its Coach brand while the struggling Kate Spade unit’s results weren’t as bad as expected. Still, the company said its full-year forecast will be negatively impacted by the coronavirus. Coach same-store sales grew 2% worldwide in the second quarter, topping the 1% average of analysts’ estimates, according to Consensus Metrix. Kate …

Bloomberg Saudi Arabia’s main stock index dropped for a third day, finishing below a mark it has held since December, as the coronavirus reduces demand for oil. The Tadawul index fell 1.3%, the most among major gauges in the Middle East and below its 100-day moving average for the first time this year. State oil producer Saudi Aramco retreated as …

DUBAI / WAM Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded a five percent increase in revenue to AED4.673 billion, compared to AED4.446 billion in 2018. The company revealed in a statement that overall net profit in 2019 amounted to AED2.286 billion, similar to net profit for 2018 of AED2.230 billion. Revenue grew by four …

Bloomberg Lockheed Martin Corp and Raytheon Co. are among more than 70 international aviation companies withdrawing from Asia’s largest aerospace and defense conference in Singapore as concerns mount over the new coronavirus outbreak. Organiser Experia Events said the airshow which starts on February 11 will continue as planned, and companies that had pulled out represent less than 8% of participants. …

Bloomberg Libya’s battered economy took center stage at United Nations-backed talks on ending the conflict, as a blockade that slashed the Opec nation’s vital oil output entered a fourth week. The two-day meeting in Cairo is being closely monitored for any sign of a deal to restore output in the North African nation after supporters of eastern commander Khalifa Haftar …

Bloomberg It may be time for equity investors to reassess their 5G investments in Asia as they look to win big from one of the market’s hottest themes. The coronavirus-driven stock sell-off presents an opportunity to shift into names that may have been overlooked in the recent run-up by technology stocks, said Kevin Chen, an analyst at China Merchants Securities …

Bloomberg Bitcoin is back above $10,000. The largest cryptocurrency’s recent upward momentum carried it past that psychologically significant level on Sunday for the first time since October, according to Bitstamp pricing. It rose as much as 2.6% to $10,179, capping a gain of about 40% so far this year. Its breach of five figures comes amid an equities rally that’s …

Bloomberg Singapore home builders will have one less restriction to worry about after changes to the rules under which some real estate firms operating in the city-state sell apartments. Publicly listed housing developers with a “substantial connection to Singapore” will be allowed an exemption from the Qualifying Certificate regime, according to a statement from the Ministry of Law and Singapore …

Bloomberg Bombardier Inc has Quebec in a bind again. As the debt-laden plane and train maker explores selling one of its core businesses and exiting a jetliner venture with Airbus SE, its home province is feeling the need to get involved again — but not at any cost. Unwilling to add to the $1 billion his predecessor invested in the …