BLOOMBERG China is on a natural gas shopping spree, and officials are happy for importers to keep striking deals even after a global energy crisis has eased. The government continues to back efforts by state-owned buyers to sign long-term contracts and even invest in export facilities, in order to bolster energy security through the middle of the century, according to ...

BLOOMBERG European natural gas logged its biggest monthly gain since last summer, near the height of the region’s energy crisis, following the most volatile stretch for trading this year. Benchmark futures ended in June more than 30% higher, after prices spiked almost 8%. It’s the first monthly increase since March and the largest jump since last July. The past few ...

BLOOMBERG US airlines continued to grapple with flight disruptions heading into the busy weekend ahead of Independence Day, keeping the industry on edge even as the recent volatility driven by bad weather and air-traffic control limits showed signs of subsiding. United Airlines Holdings cancelled 8% of its flights as of mid-afternoon on June 30 and delayed 21%, according to data ...

BLOOMBERG Nike Inc fell the most in the Dow Jones Industrial Average after the athletic-gear maker’s outlook for the full year failed to win over Wall Street. Full-year revenue for fiscal 2024 should grow in the mid-single digits, led by its direct-to-consumer business, Chief Financial Officer Matthew Friend told analysts during a conference call. Analysts project growth of close to ...

BLOOMBERG United Airlines Holdings Inc will have to change, and possibly reduce, its flight schedule at Newark Liberty International Airport while work is under way to expand the number of gates for the carrier, Chief Executive Officer Scott Kirby said in a letter to employees. The letter follows days of extensive flight disruptions as airlines across the US dealt with ...

BLOOMBERG Singapore Airlines Ltd slumped the most in more than a year after a block of shares amounting to nearly 3% of the float traded on June 30. Singapore state-owned investment firm Temasek Holdings Pte had earlier offered to sell the same number of shares, according to terms of the deal seen by Bloomberg. The carrier closed down 4.7% at ...

BLOOMBERG JetBlue Airways Corp is raising questions about US air traffic control actions, joining United Airlines Holdings Inc in blaming federal regulators for worsening congestion on a heavy travel week ahead of the Independence Day holiday. Government officials dismissed the carriers’ complaints as baseless, saying weather has led to elevated flight cancellations and delays that left thousands of customers stranded ...

SHARJAH / WAM American University of Sharjah (AUS) has announced a new Master of Arts in International Studies now being offered through the university’s College of Arts and Sciences (CAS). Scheduled to commence in the upcoming fall semester, the newly launched programme aims to equip students with the necessary skills and knowledge for a successful career in international affairs. Graduates ...

ABU DHABI / WAM HH Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, Chairman of the UAE Media Council, has given directives for a comprehensive strategy to further enhance the media sector and support the growth of creative industries nationwide. The strategy will also enable the media sector to keep pace with rapid developments, increase its competitiveness and contribution to ...

ABU DHABI / WAM Abu Dhabi Civil Defence  Authority (ADCDA) and Rabdan Academy have signed an agreement to strengthen their collaboration in enhancing the overall security, safety, and management of emergencies, crises, and disasters in Abu Dhabi. The initiative aims to foster joint programmes and research endeavours to enhance the training of national experts in emergency, crisis and disaster management. ...