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Massachusetts request could boost renewable project proposals

  MONTPELIER / AP A request by the state of Massachusetts for a supply of clean, renewable electricity could give a boost to proposals to carry Canadian renewable energy to southern New England via proposed transmission lines in Vermont, New Hampshire and Maine. There are a handful of proposals across the three states designed to help energy-hungry states Massachusetts, Rhode ...

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Equity hedge funds see best start since 2013 fueled by Asia bets

  Bloomberg Equity hedge funds are getting a pick-me-up after a harsh 2016, when they suffered almost a third of the industry’s withdrawals, amid a global stock rally. The long-short strategy — the top performer — returned 3.2 percent in the first quarter on an asset-weighted basis, marking the best start to a year since 2013, according to Hedge Fund ...

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Abu Dhabi TAQA shines amid ‘uncertainties’

  DUBAI / Reuters Most stock markets closed down on Monday with volumes low as geopolitical risk kept institutional funds away, but Abu Dhabi’s energy company TAQA kept rising after the government increased its stake in the company last week. Abu Dhabi’s index fell 0.4 percent, with shares of the recently merged lender First Abu Dhabi Bank down 0.9 percent, ...

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US airlines receive better grades for on-time schedules, service

  DALLAS / AP The airlines are getting better at sticking to their schedules and are losing fewer bags. Their customers seem to be complaining less often. Those are the findings of an annual report on airline quality being released on Monday by researchers at Wichita State University and Embry-Riddle Aeronautical University. The researchers use information compiled by the US ...

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Etisalat, Miral ink pact to offer Public WiFi on Yas Island

  Emirates Business Etisalat entered into a strategic agreement with Miral, the entity responsible for the development and promotion of Yas Island as a destination for leisure, business and entertainment, to provide visitors with Public WiFi. The service will be available to both UAE residents and tourists with international mobile numbers, and accessed through the ‘UAE WiFi by Etisalat’ network. ...

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Prada recovery, cost-cutting efforts in focus as bears vanish

  Bloomberg Investors will be looking for updates from Prada SpA on its recovery momentum when it reports annual earnings this week, as a drop in bearish bets removes the potential for a share-price boost resulting from a short squeeze. The Italian luxury-goods maker, which said growth resumed in January after reporting a nine percent drop in annual sales at ...

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Taxes – the great uniter?

  As Tax Day — April 18 this year — approaches, we are confronted once again with the apparently enduring reality that Americans hate to pay taxes. Few political generalizations seem so indestructible. Gallup has long asked Americans whether their federal income taxes are too high. About 50 percent to 60 percent regularly say “yes.” The federal income tax is ...

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In battle with Uber Eats, Deliveroo deploys field kitchens

  In the increasingly intense battle between food delivery services, it’s no longer enough just to bring the food to the customers. Now Deliveroo, the London-based startup, is moving whole kitchens to new neighborhoods to gain an edge over rivals like Uber Eats, Amazon Restaurants, and Just Eat Plc. Deliveroo, which has received $475 million in venture funding, will begin ...

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