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Ribbons running out for India’s typewriters

  NEW DELHI / AP The end is coming, though admittedly it may not look that way at 10 a.m. on a Tuesday morning, when dozens of young Indians have arrived for morning classes at Anand Type, Shorthand and Keypunch College, and every battered Remington is clattering away. Looking around the cramped classrooms, you might think that the typewriter still ...

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This ambulance makes dreams of hospice patients come true

  Mainz / AP A terminally ill woman’s dearest wish was to see her favourite soccer team play one last time. The woman, in her mid-50s, had suffered a heart attack and an infection of the abdominal cavity. Her hospice room was covered in football scarves and posters of German club FC Kaiserslautern. Thanks to the Workers’ Samaritan Federation (ASB), ...

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Saudi stock market continues rebound, Egypt pulls back

  DUBAI / Reuters Saudi Arabia’s stock market continued rebounding on Tuesday in a generally strong Gulf region, while a drop by shares in real estate firm Emaar Misr dragged down Egypt. The Saudi index climbed 1.1 percent, adding to Monday’s 1.7 percent gain. With the fourth-quarter earnings reporting season more or less over, many Saudi firms have posted flat ...

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Dollar at 6-week low boosts metals; stocks mixed

  Bloomberg The dollar slipped to a six-week low, boosting commodities from copper to crude as the post-election rally continued to falter in the Trump administration’s early days. US stocks fluctuated as investors assessed a slate of mixed corporate results. The Bloomberg Dollar Spot Index headed for its longest slump since November, extending losses after weak housing data. Johnson & ...

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US stocks climb on earnings as commodities rally

  Bloomberg US stocks advanced after the largest American housing company’s earnings topped estimates in a sign the tighter labor market is boosting consumers. The dollar slipped, sending a gauge of commodities to a seven-month high. An S&P measure of housing stocks surged more than 3 percent after D.R. Horton Inc.’s results, helping the S&P 500 Index to a gain ...

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Etihad chief James Hogan to step down this year

  Abu Dhabi / Emirates Business The Etihad Aviation Group Board of Directors on Tuesday announced that James Hogan will step down as President and Chief Executive Officer of the company in the second half of 2017. The Board and Hogan first initiated the transition process last year with the formation in May of the Etihad Aviation Group, a diversified ...

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DXB world’s busiest airport

  Dubai / Reuters Dubai International Airport remained the world’s busiest for international passengers in 2016, as existing markets grew and new routes were launched, the airport’s operator said. Annual traffic rose 7.2 percent to 83.6 million passengers in 2016 from a year ago, the operator said in a statement on Tuesday. It was Dubai airport’s second slowest annual growth ...

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Amazon to settle EU antitrust probe over e-books clauses

  Bloomberg Amazon.com Inc. is set to dodge antitrust fines from a European Union probe into its e-book deals with publishers, according to two people familiar with the company’s bid to settle the 19-month investigation. Amazon has agreed to change controversial clauses that required publishers to offer it terms as good as or better than those they sign with other ...

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EasyJet drops after weak pound

  Bloomberg EasyJet Plc shares fell the most in almost four months after the company said a weaker pound in the wake of the Brexit referendum and higher fuel costs would weigh on full-year earnings more than expected. Shares of Europe’s second-biggest discount airline dropped as much as 9 percent, and were 8.7 percent lower at 982 pence in London ...

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GI Aviation lands first Pilatus in Dubai

  Dubai / Emirates Business GI Aviation, the newest name to enter the private air charter market in the UAE, is now open for bookings following the award of its GCAA Air Operator’s Certificate in December 2016. Several demo flights from its Al Bateen Executive Airport, Abu Dhabi home have been performed and recently, the privately-owned company showcased its first ...

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