Bloomberg Rolls-Royce Holdings Plc said it will accelerate a program to install redesigned blades on some of its Trent 1000 engines, after early wear forced Singapore Airlines Ltd to grounded two 787 aircraft using the turbines. The latest setback for the Trent 1000 TEN, used on Boeing Co 787 Dreamliner jets, came after the UK engine maker sampled a small ...

Bloomberg Boeing Co says it needs more time to finish a software upgrade for its grounded 737 Max jetliners as company engineers update a stall-prevention system linked to two fatal crashes in five months. The planemaker said it would submit final paperwork for the revamp to the Federal Aviation Administration by March 29 to make the system — known as ...

Bloomberg Retail tycoon Philip Day is bidding for Bonmarche Holdings Plc after buying a majority stake in the UK clothing chain, as he vies with billionaire Mike Ashley to dominate the nation’s struggling high street. Day is required to make a mandatory cash offer for Bonmarche at about 11.44 pence a share after acquiring 52 percent of voting rights in ...

Bloomberg Ryanair Holdings Plc was one of the 10 biggest polluters in Europe last year, a first for a company that doesn’t run coal-fired power plants. That’s the conclusion of analysis of European Union carbon emissions data undertaken by Transport & Environment, a Brussels-based research group. The group found Ryanair’s carbon dioxide emissions rose 6.9 percent last year. The findings ...

Bloomberg Walmart Inc will let customers order groceries by voice through Google’s smart-home assistant, an attempt to counter Amazon.com Inc’s growing clout in e-commerce. Beginning this month, Walmart shoppers can add items directly to their online shopping carts by saying “Hey Google, talk to Walmart.” Information from prior purchases will help identify the correct brand and size — like whether ...

ABU DHABI / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, highlighted the UAE’s commitment to adopt the best international standards and sustainable practices, to rationalise energy consumption and reduce carbon emissions, in line with the National Energy Strategy 2050. He added that Earth Hour, which took place this year under the slogan, “Communicate with ...

Bloomberg Global socially responsible investments grew by 34 percent to $30.7 trillion over the past two years, lifted by Japanese pension funds, retail investors everywhere and broad, growing concern about climate change. Europe remains the biggest region for sustainable investors with about $14 trillion devoted to these strategies, up 11 percent from 2016, according to the biennial report from the ...

ABU DHABI / WAM The National Petroleum Construction Company (NPCC), a subsidiary of Senaat Abu Dhabi, announced that its revenue increased by 7%, from AED4.9 billion to AED5.3 billion. Speaking on the occasion, Dr Mohamed Rashed Al Hameli, NPCC Chairman, said, “NPCC’s excellent project management has led to 27% increase in operating profit, from AED700 million to AED891 million. These ...

DUBAI / WAM Building on its existing portfolio of metals products, the Dubai Gold and Commodities Exchange (DGCX), recorded a 20.4 percent year-on-year growth in March, trading over 1.84 million contracts with a notional value of more than $36.6 billion. Average daily volumes throughout the same month also increased, registering 87,995 contracts. The DGCX successfully launched two new contracts, Aluminium ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), represented by Abdallah Sultan Al Owais, Chairman of the SCCI, held discussions with Mogobo David Magabe, South Africa’s Consul-General in the UAE, and Igor Bondarev, Consul-General of the Republic of Belarus in the UAE, on enhancing joint cooperation, and exploring trade and investment partnerships. Al Owais examined with Bondarev ...