February, 2023

• 15 February

  UAE field hospital gives medical care for quake victims in Türkiye

  

  GAZIANTEP, Türkiye / WAM As part of Operation “Gallant Knight / 2”, the UAE continues to provide integrated support to those affected by the recent earthquake in Türkiye. The Emirates Relief Field hospital at the İslahiye district of Gaziantep in Türkiye has started providing comprehensive medical care, including psychological rehabilitation, to the victims of the earthquake. The Emirates News Agency ...

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• 15 February

  Boeing steps up India funding ahead of giant Air India order

  

    Bloomberg Boeing Co is intensifying investment in India to support airlines and streamline logistics, as the US planemaker gears up for a giant plane order from Air India Ltd widely expected to be announced soon. The US manufacturer will invest 2 billion rupees ($24 million) in a logistics park and separately set up a support centre for airlines near ...

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• 15 February

  TUI sees summer bookings ahead of pre-Covid levels

  

    Bloomberg TUI AG said recent bookings for the upcoming summer are running ahead of pre-pandemic levels, the latest sign the travel sector is booming despite high inflation sapping consumer spending power. The world’s biggest tour operator said booking volumes since the start of the year exceeded 2019 levels, led by demand from travellers in the UK and Germany. Prices ...

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• 15 February

  Lufthansa to offer green flight option to flyers at higher fare

  

  Bloomberg Airlines have long charged customers more for on-board food, extra baggage and superior legroom. Deutsche Lufthansa AG now wants customers to pay for reducing the environmental impact of flying. Europe’s biggest airline will offer an option of so-called Green Fares to travellers from Wednesday, adding a surcharge to purchase sustainable aviation fuels and carbon offsets. The move marks the ...

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• 15 February

  Thailand to impose $8.9 entry fee for foreign travellers

  

  Bloomberg Thailand will impose an entry fee on foreign holidaymakers from June as the tourism-reliant nation presses ahead with the long-delayed levy following a better-than-expected recovery in tourist arrivals. Travellers flying into Thailand will need to pay 300 baht ($8.9) for each trip and those entering the Southeast Asian nation through its land borders and sea ports will be levied ...

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• 15 February

  Tuesday Morning files for bankruptcy again

    Bloomberg Tuesday Morning Corp filed for bankruptcy protection for the second time since the onset of the Covid-19 pandemic. The Dallas-based discount retailer filed in the Northern District of Texas, listing assets and liabilities of $100 million to $500 million, in its bankruptcy petition. It emerged from its last bankruptcy in January 2021 after closing about 200 stores, cutting ...

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• 15 February

  UK wage rise beats expectation in added sign of record inflation

  

  Bloomberg UK wages rose quicker than expected at the end of 2022, heaping pressure on the Bank of England to deliver another interest-rate increase next month. Average earnings excluding bonuses were 6.7% higher in the three months through December from the previous year, the Office for National Statistics said Tuesday. That’s the fastest pace since records began in 2001, excluding ...

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• 15 February

  Britain loses 2.5m days to worst strikes since 1990

  

  Bloomberg The economy lost nearly 2.5 million working days to strikes last year as Britain suffered its most severe industrial action since Margaret Thatcher was in power. The Office for National Statistics said Tuesday that 843,000 working days were lost due to labor disputes in December, making it the worst month in more than a decade. That took the total ...

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• 15 February

  Scotland’s employment rate jumps to highest on record

  

  Bloomberg Employment in Scotland hit a record high at the end of 2022 as tightness in the labor market spread to all corners of the UK. The portion of adults who have a job climbed to 76.6% in the three months ending December, up 2.4 percentage points from a year earlier. The figures from the Office for National Statistics on ...

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• 14 February

  Germany’s Norma rejected buyout offers

    Bloomberg Norma Group SE, a German maker of hose clamps and pipe connections for everything from cars to washing machines, rejected several takeover approaches in recent months from bidders including Carlyle Group Inc., people familiar with the matter said. The company explored a potential sale with advisers toward the end of 2022, according to the people, who asked not ...

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