Bloomberg Airbus SE earnings surged in the first quarter as the European planemaker churned out …
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Lufthansa halts its low-cost arm’s capacity growth as fare war bites
Bloomberg Deutsche Lufthansa AG halted capacity expansion at its Eurowings low-cost arm after the group’s …
Read More »Dans, Honeywell to explore ‘new airports’
Dubai / Emirates Business Dubai Air Navigation Services (dans), the air navigation services provider for …
Read More »Starbucks, Dunkin’ brace for levies, bans on to-go coffee cups
Bloomberg The People’s Republic of Berkeley, Calif, takes pride in its leadership on all things …
Read More »FAB records AED3.1b profit in first quarter
ABU DHABI / WAM First Abu Dhabi Bank (FAB) reported solid operating performance for the …
Read More »Aramco targets 15-fold boost in shale gas output
Bloomberg The world’s biggest oil exporter is ramping up efforts to develop natural gas with …
Read More »Deal signed to launch cost of doing business index for SMEs in Dubai
DUBAI / WAM Dubai SME, the agency of the Department of Economic Development (DED), mandated …
Read More »Anadarko Q1 profit beats estimates on rise in oil, gas sales
Bloomberg Anadarko Petroleum Corp, the oil producer at the center of a bidding war, posted …
Read More »US stocks rise above record in data-rich week; oil slips
Bloomberg US stocks rose above their record high at the start of a week packed …
Read More »China stocks retreat after worst week vs world since 2016
Bloomberg This year’s rally in Chinese shares is threatening to unravel almost as quickly as …
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