Bloomberg United Continental Holdings Inc. will remove a flight attendant on most of its long-distance international routes, in a bid to keep costs in line with those of its US rivals. The change will take effect February 1, affecting flights on United’s Boeing Co. 787 and some models of 767 and 777 jetliners, according to a memo from John Slater, ...

Bloomberg For once, Eddie Lampert is keeping his wallet in his pocket. Sears Holdings Corp. is closing in on a deal with new lenders to finance it through its bankruptcy, according to a person with knowledge of the situation. Lampert and his hedge fund, ESL Investments Inc, won’t be participating. Then there’s the retail chain’s plan to auction off the ...

Bloomberg Look out, Amazon: Walmart is coming to steal your lunch — and maybe dinner too. The world’s largest retailer has surpassed the e-commerce giant in a survey of online food shoppers, more of whom said they most recently visited Walmart’s site for groceries. Local supermarkets were in third place, fuelled in part by logistics provider Instacart, which handles orders ...

ABU DHABI / Emirates Business Etihad Aviation Training (EAT) and Alpha Aviation Academy, the largest Multi Pilot training programme in Mena, have launched a partnership for the delivery of the Core Flying Skills components of Alpha’s pilot training programme. EAT is a well-established Approved Training Organisation (ATO) with one of the largest training facilities in the Middle East region. Student ...

Bloomberg American Airlines Group Inc will allow people who suffer from peanut and tree-nut allergies to board flights early so they can wipe down areas where they will sit to avoid potential exposure to allergens. The change will take effect December 12 when flight-service manuals are updated, American said in a filing with the US Transportation Department. Complaints over the ...

ABU DHABI / WAM The United Arab Emirates ranked 10th on the list of the world’s most dominant economic and political powers in 2018, according to the US News World Report, where US headed the list, followed by Russia, China, UK, Germany, France and Japan, respectively, with Saudi Arabia coming ninth. According to the report, the world’s most powerful countries ...

ABU DHABI / WAM Government deposits in UAE-based banks hit an all-time-high of AED286 billion by the end of September 2018, up AED74 billion in the first nine months of the year, according to the Central Bank of the UAE statistics. The growth is attributed to rising oil prices, which grew by 35 percent during the past 12 months, reflecting ...

DUBAI / WAM Signifying Dubai’s rising role in global trade, the emirate’s external non-oil trade in the first nine months of 2018 reached AED965.3 billion. Re-exports registered 13 percent growth to touch AED299.2 billion, while imports reached AED592.2 billion, and exports AED97.7 billion. Dubai Customs, which released the emirate’s external trade figures, applauded this achievement and attributed the high performance ...

ABU DHABI / WAM Government ministers fr-om 18 countries and over 80 leading oil and gas CEOs will meet in Abu Dhabi next week, as 2018 Abu Dhabi International Petroleum Exhibition and Conference (Adipec) commences amid a background of unprecedented change for industry. Hosted by Adnoc and su-pported by UAE Ministry of Energy and Industry, Abu Dhabi Chamber of Commerce ...

ABU DHABI / WAM UAE bourses kept their upward move for the second day running, ending Tuesday’s session in the green, and posting gains to the tune of AED5 billion, driven by upbeat sentiments across the banking and realty sectors where a select of blue chips were in a high demand. The positive mood left Abu Dhabi Securities Exchange General ...