Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, announces its January Global Sale giving travellers the opportunity to beat the January blues and get away to explore exciting cities and holiday destinations. Travellers can jet off from January 20 until November 25 for less, with fares from Abu Dhabi to London Heathrow starting from just ...

ABU DHABI / WAM The UAE Space Agency announced its collaboration with the Abu Dhabi-based global innovation hub, Krypto Labs, to launch the UAE NewSpace Innovation Programme, which aims to maximise the growth of space technology start-ups with NewSpace, the rising private spaceflight industry. The programme falls under the purview of the National Space Investment Promotion Plan, which aims to ...

Bloomberg Iran admitted it accidentally shot down a Ukrainian jetliner that it mistook for a threat during hostilities with the US, marking a dramatic reversal after repeatedly denying such a scenario and accusing Western governments of spreading lies. Ukraine International Airlines Flight 752 was flying close to a sensitive Islamic Revolutionary Guard Corps military site when it was downed because ...

Bloomberg A convoy of US troops was hit by a roadside bomb in Afghanistan’s province of Kandahar on Saturday, AP reported, citing unidentified NATO and local officials. Two US troops were killed and two injured when the explosive device hit the military vehicle, military officials said. The Taliban earlier claimed responsibility for the attack through its spokesman Qari Yousuf Ahmadi. ...

Bloomberg President Tsai Ing-wen won a landslide victory over China-friendly opposition challenger Han Kuo-yu to clinch a second term in Taiwan’s presidential election, dealing a blow to Beijing, which has long sought to bring the democratically run island under its control. Han conceded defeat just before 9 pm at his headquarters in the southern city of Kaohsiung. Tsai had a ...

Bloomberg North Korea won’t rely on the personal relationship between its leader Kim Jong-un and US President Donald Trump as it doesn’t intend to trade its nuclear weapons for a lift of sanctions, its state-run media said, citing a foreign ministry adviser. “There will never be such negotiations as that in Vietnam, in which we proposed exchanging a core nuclear ...

Bloomberg Raghuram Rajan, former head of the Reserve Bank of India (RBI) and an outspoken critic of several of prime minister Narendra Modi’s economic and social policies, said student-led protests in the country show that the ideals of the secular nation are still valued by the youth. “It is they, who never marched to win freedom, but today march to ...

Bloomberg Tunisia’s parliament rejected the government put together by PM Habib Jemli, a move that could delay efforts to implement reforms in the North African nation. Jemli won the votes of 72 of the 217 deputies in parliament in the vote of confidence, according to the Watania 1 television station. The move gives President Kais Saied a key role in appointing ...

Bloomberg Jerome Powell was an early adopter of the view that US unemployment could fall further than thought, but back then didn’t parlay that insight into a more dovish stance on interest rates. Transcripts of Fed meetings in 2014 showed then-governor and now-Chairman Powell was already among the most optimistic Fed officials about how many Americans could be drawn back ...

Bloomberg Canadian Imperial Bank of Commerce hired former Conservative Party lawmaker Lisa Raitt as a vice-chair for global investment banking. Raitt joins CIBC on January 27 and will focus on developing and fostering senior-level client relationships and business development globally for CIBC’s capital markets division, the Toronto-based bank said in a statement. She’ll be based in Toronto. “Lisa’s experience leading ...