Officials may not say so directly, but the US appears to consider Germany a currency manipulator. Germany’s large trade surplus, the accusation goes, comes at the expense of US companies. So, as German Finance Minister Wolfgang Schaeuble traveled to Washington on Wednesday for an International Monetary Fund meeting, he brought along an eight-page primer on the German current account ...

  Bloomberg US stock futures jumped as blue chips from Caterpillar Inc. to McDonald’s Corp. reported results. Canada’s dollar led export currencies lower as a tariff on lumber reignited concern the Trump administration will pursue protectionist policies. Futures on the Dow Jones Industrial Average rallied, indicating the underlying index may rise to an all-time high. Caterpillar climbed more than 6 ...

  Reuters Stock markets in the Gulf most exposed to foreign trade held their ground on Tuesday, with Dubai and Qatar showing resilience in the face of disappointing results from blue-chip companies. In Dubai, shares of Emirates Integrated Telecommunications (Du) lost 3 percent after reporting a net profit of 364.9 million dirhams ($99.35 million) in the three months to March ...

  Abu Dhabi / Emirates Business Etihad Airways has thrown down the gauntlet to the millions of guests who transit through its Abu Dhabi home, as well as the residents of the UAE, by challenging them to experience a host of ‘once in a lifetime’ activities throughout the emirate in just two days. The ‘48 Hour Challenge’ is part of ...

  Bloomberg Qatar Airways Ltd. plans to buy a stake in another foreign airline, extending an expansion push that’s seen the Gulf carrier build up overseas holdings and announce new routes to the US even as President Donald Trump’s seeks to restrict travel to the world’s largest economy. The state-owned company, which has expressed interest in Royal Air Maroc in ...

  Bloomberg United Airlines has another passenger complaint to deal with — this time in court. Karen Shiboleth claims she was forced out of her business-class seat during a flight to London from Newark, New Jersey, in September and escorted to the rear of the plane without an explanation. She sued the airline on Monday, claiming she’s out $9,146 in ...

  PROVIDENCE, R.I. / AP Many Florida beaches welcome a special type of visitor as the weather gets warmer: sea turtles. Female sea turtles crawl out of the water from spring to early fall to build nests and lay eggs on the beach at night. Babies hatch some 60 days later and crawl back into the sea. It’s a fragile process. ...

  ABU DHABI / WAM Twelve UAE national banks reported a total net profit of AED 7.64 billion during Q1 2017, a growth of 6.7 percent from AED 7.16 billion during the same period last year. Citing the state of deceleration now witnessed at the global banking industry, financial sources told the Emirates News Agency (WAM), that the results disclosed ...

DUBAI / Emirates Business Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties, on Monday unveiled six new hotel projects as part of its regional and international expansion plans, at the Arabian Travel Market (ATM) 2017. The new hotels and serviced residences in Dubai, Abu Dhabi and Egypt add to a portfolio of upcoming properties under the three ...

  DUBAI / WAM Dubai Aerospace Enterprise (DAE) reached an agreement to buy Dublin-based AWAS Aviation Capital Ltd. from UK private equity firm Terra Firma Capital Partners, DAE announced on Monday. The multi-billion deal will propel DAE, one of the Middle East’s biggest plane-leasing companies, into the top rank of global players in the field. The deal will swell the ...