MOSCOW / AFP Russian President Vladimir Putin hosted Israeli Prime Minister Benjamin Netanyahu on Thursday for talks focusing on the situation in Syria and Israeli concerns about the role of Iran and its proxies there. Greeting Netanyahu at the start of their Kremlin negotiations, Putin emphasized a high level of trust between them. Netanyahu’s visit to Moscow follows his talks ...

  Bloomberg Qatar Airways Ltd. plans to set up a short-haul airline in India with a fleet of 100 narrow-body planes, renewing a push to gain a bigger share of one of the world’s fastest-growing travel markets. The Gulf carrier will make an application to the Indian authorities “soon,” Chief Executive Officer Akbar Al Baker said at the ITB Berlin ...

  Bloomberg Hugo Boss AG, the ailing German clothier, said earnings may rise in 2017 as its turnaround takes shape after profit plummeted on weak sales in China and the US last year. Adjusted operating profit will rise or fall as much as 3 percent this year, the company said in a statement on Thursday. The company said it’s cutting ...

  BERLIN / Reuters Emirates, the world’s largest long-haul carrier, said on Thursday it was concerned President Donald Trump’s latest travel order will still deter Muslim visitors to America, after booking rates on U.S. flights fell 35 percent following January’s ban. Trump signed a new executive order on Monday, which takes effect on March 16, keeping a 90-day ban on ...

  Bloomberg Inmarsat Plc, the UK satellite operator, rose the most in four months after finalizing a contract with British Airways (BA) owner IAG SA to provide in-flight internet access on over 300 planes. The order strengthens Inmarsat’s joint push with Deutsche Telekom AG to provide web access on aircraft using satellites and the German phone company’s towers. The service ...

  Bloomberg Air France-KLM Group, British Airways and a handful of other carriers may face multimillion-euro antitrust fines from European Union regulators within weeks after attempts to broker a settlement failed, according to people familiar with the case. EU Competition Commissioner Margrethe Vestager is seeking to re-impose penalties of almost 800 million euros ($844 million) for a cargo cartel that ...

  Bloomberg Starbucks Corp., facing heavy competition, mobile-ordering hiccups and even boycott threats, has been losing U.S. customers to rivals this winter. In February, the company ceded market share to other chains, according to data from xAd Inc., a research firm that uses location signals from mobile phones to measure customer traffic. Starbucks’ share declined to 11 percent among the ...

  Bloomberg Royal Dutch Shell Plc will sell almost all of its production assets in Canada’s oil sands in a $7.25 billion deal that cuts debt and reduces involvement in one of the most environmentally damaging forms of fossil-fuel extraction. All of the company’s oil-sands interests apart from a 10 percent stake in the Athabasca mining project will be sold ...

  BEIRUT / Reuters Egypt needs to implement economic reforms aimed at encouraging more private investment and moving away from subsidies towards targeted transfers for the poor, a senior World Bank official said. Hafez Ghanem, the World Bank’s vice president for the Middle East and North Africa, told Reuters in an interview that Cairo’s next set of economic reforms should ...

  BISMARCK / AP The two biggest railroads shipping oil from North Dakota don’t seem particularly concerned that the Dakota Access pipeline may be about to come online, as oil makes up only a small percentage of their business in the state. The pipeline could begin operating as soon as next week, despite an unresolved legal dispute involving two Native ...