DUBAI / WAM The Islamic Affairs and Charitable Activities Department (IACAD) in Dubai recently launched a smart donation service at the Dubai mosques, which allows users to donate money by scanning QR codes through their phones, thus replacing traditional methods and procedures of donation. This is in line with the IACAD’s commitment to Article 9 of the 50-Year-Charter, and its ...

Bloomberg China is considering measures such as direct cash infusions and mergers to bail out an airline industry crippled by the coronavirus outbreak, according to people familiar with the matter. One proposal involves allowing some of the nation’s biggest carriers — which are controlled by the state — to absorb smaller ones suffering the most from the collapse of travel, ...

Bloomberg Both firms shortlisted as potential buyers for Jet Airways India Ltd missed the bidding deadline on February 18, forcing another extension with just weeks to go until they hit a key liquidation trigger. Prudent ARC Ltd and Synergy Group Corp now have until March 9 to bid for the bankrupt airline, said a person familiar with the matter. While ...

Bloomberg As an Air India flight landed at the airport in Wuhan last month to rescue Indians stranded in the coronavirus-hit city, Captain Kamal Mohan couldn’t help but think that he had entered a post-apocalyptic film set. “It was frightening,” Mohan said in an interview. “It’s a massive airport, so just imagine not seeing a soul. You’d think a zombie ...

Bloomberg Vistara, the Indian affiliate of Singapore Airlines Ltd, will become the country’s first carrier to offer in-flight Wi-Fi and streaming services on its new Boeing Co 787 Dreamliners, in what could boost its ambitions as a premium airline in one of the world’s busiest markets. Passengers will be able to access sites like Facebook and messaging service WhatsApp, as ...

Bloomberg Macy’s Inc was cut to junk by S&P Global Ratings, which said the department-store chain falls on the wrong side of changing consumer preferences. The company’s credit rating was lowered one notch to BB+ from BBB-, S&P said in a statement, citing its “excess stores.” The outlook is stable. Macy’s shares extended losses after the announcement. “Pressure is mounting ...

Bloomberg Bed Bath & Beyond Inc is selling its PersonalizationMall.com business amid efforts to slim down, renew focus on its core home-furnishings business and reverse years of stagnant sales. The company agreed to sell the online personalised gift company for $252 million to 1-800-Flowers.com, it said. PersonalizationMall.com will continue to provide products and services to Bed Bath & Beyond and ...

Bloomberg For Luis Sancha, who grows olives and cereals in the countryside near Madrid, a family tradition could soon die out because his son thinks the family farm may be doomed and doesn’t want to take it on. “We got as far as the third generation but the fourth will be lost,” Sancha, 61, said in an interview outside the ...

Bloomberg Twitter Inc is acquiring Chroma Labs, a seven-person startup that was founded by former Facebook and Instagram employees for building photo and video-editing features. Chroma Labs was launched last fall with an app that lets people edit photos and videos before sharing them on the Stories features inside other apps, like Instagram or Snap Inc’s Snapchat. The company is ...

Bloomberg Along with the usual files and spreadsheets, the European Union (EU) leaders traveling to Brussels this week to thrash out the bloc’s long-term budget are being advised to bring an extra change of clothes. Maybe two. The extraordinary summit to nail down a seven-year spending plan is scheduled to start on Thursday. But no end time has been set ...