Bloomberg Airbus SE is considering increasing production rates for its best-selling single-aisle A320 jetliners, as airlines around the world place orders for hundreds of planes to meet surging demand for air travel. “The success of the products is forcing us to look at any opportunities we can have to improve the rate,” Eric Schulz, Airbus’s new sales chief, told reporters ...

Bloomberg Boeing Co. is working with the US and Vietnamese governments to lift the Southeast Asian nation’s aviation safety rating and help enable its state-run carrier to operate flights to as far as Los Angeles, an executive said. “Right now, they don’t have Category 1,” Dinesh Keskar, senior vice president of Boeing’s Asia Pacific and India sales, said in an ...

Bloomberg Bombardier Inc. has regained momentum on sales campaigns with its customers, after a US trade ruling in January blocked a proposed import duty on its planes, removing an uncertainty for a jet it spent $6 billion developing. “It’s been a big relief for the industry, it’s a great victory for competition, for innovation, for the rule of law,” Colin ...

Bloomberg Avon Products Inc named its first male chief executive officer in almost two decades, appointing Unilever veteran Jan Zijderveld to succeed Sheri McCoy as the cosmetics seller seeks to revive its business outside the US. Zijderveld, the Anglo-Dutch consumer-product giant’s European president, joins the door-to-door makeup seller after it split off its declining US business and moved its headquarters ...

Bloomberg How can regional startups compete with Amazon.com Inc. and Microsoft Corp. in the cloud-storage space? Look for small clients, speak Spanish, and snap up your peers, according to one CEO. Diego Cabezudo, co-founder and chief executive officer of Spain’s Gigas Hosting SA, believes his company’s model of helping customers develop their cloud infrastructure, and doing so in their local ...

ABU DHABI / WAM The Dubai Electricity and Water Authority (DEWA) is participating as the Sustainable Energy Partner of the 6th World Government Summit (WGS). The Summit is held under the patronage of the Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, from February 11-13. DEWA will highlight ...

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of Sharjah Executive Council and Sharjah Innovation Council, lauded the development of the Innovation Week into an Innovation Month this year. Sharjah Innovation Month, to take place from February 15-21 as part of the UAE Innovation Month, will formally ...

DUBAI / Emirates Business UAE Exchange, a leading global money transfer, foreign exchange and payment solutions brand, announced it has partnered with San Francisco-based Ripple to enable instant, seamless and real-time cross-border payments. This makes UAE Exchange the largest payment solutions provider in the Middle East to use Ripple’s blockchain technology to process payments globally in real time. Through this ...

DUBAI / WAM An in-depth, medium-to-long term outlook for the global food and beverage industry will be unveiled at Gulfood 2018, the world’s largest annual food and beverage trade event, which runs at the Dubai World Trade Centre (DWTC) from February 18-22. The outlook comes in a detailed report compiled by market intelligence research leader, Euromonitor International, and has been ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces of the UAE, and Narendra Modi, the Prime Minister of the Republic of India, discussed on Saturday boosting strategic cooperation between the two nations as well as a number of regional and international issues of ...