October, 2021

• 6 October

  Sheikh Ahmed bin Saeed opens 23rd Wetex, Dubai Solar Show

  

  Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Chairman of the Expo 2020 Dubai Higher Committee, on Tuesday inaugurated the 23rd Water, Energy, Technology, and Environment, Exhibition (Wetex) and Dubai Solar Show, at Dubai Exhibition Centre, Expo 2020 Dubai. Dubai Electricity and Water Authority (Dewa) is organising the ...

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• 6 October

  Louvre Abu Dhabi’s ‘Dragon and Phoenix’ exhibition opens today

  

  Abu Dhabi / WAM Mohamed Khalifa Al Mubarak, Chairman of the Department of Culture and Tourism – Abu Dhabi, has inaugurated the second exhibition by Louvre Abu Dhabi this year, titled ‘Dragon and Phoenix – Centuries of Exchange between Chinese and Islamic Worlds’. The exhibition opens to the public on Wednesday October 6 and will run until February 12, 2022. ...

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• 6 October

  Petrofac surges after $95m bribery penalty by UK judge

  

  Bloomberg UK oil-service provider Petrofac Ltd must pay a $95 million penalty by a London judge for failing to prevent bribery between 2011 and 2017. The penalty includes a $64 million fine and a $31 million confiscation order. The levy comes after the company pleaded guilty to seven bribery offenses, in a deal with the UK’s Serious Fraud Office (SFO). ...

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• 6 October

  A Walmart-Home Depot merger does make sense

  

  Should Walmart Inc merge with Home Depot Inc? There may be a container ship worth of reasons for them to consider it. Walmart and Home Depot are among US retailers that have grown so frustrated with the limited space on container ships and rising cost of ocean shipping that they’ve begun chartering their own vessels to speed the journey from ...

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• 6 October

  US’ superstar cities ain’t like before

  

  The first big data release from the 2020 Census in August contained some positive news about America’s biggest cities. The biggest of them, New York, turned out to have hundreds of thousands more people than the annual population estimates made by the Census Bureau had projected. Not one of the country’s 10 largest cities lost population between 2010 and 2020, ...

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• 6 October

  Soaring heat is killing farm workers in US

  On June 26, the temperatures south of Portland, Oregon, approached 105 degrees Fahrenheit (40.6 degrees Celsius). That didn’t stop Sebastian Francisco Perez, a Guatemalan farm worker, from going to work moving irrigation lines at a nursery. At some point, as the scorching afternoon dragged on, he collapsed and died. When Occupational Safety and Health officials turned up to write a ...

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• 6 October

  Macron’s European goals need a new plan

  In true Jupiterian style, French President Emmanuel Macron said nothing publicly when the Aukus debacle erupted, letting his ministers and European partners do the talking after Australia scrapped a $66 billion submarine deal with Paris in favour of an American-led alliance in the Indo-Pacific. Yet now that there’s a power vacuum opening up in Europe, as Germany’s Angela Merkel bows ...

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• 6 October

  Airline industry aims net-zero carbon emissions by 2050

  

  Bloomberg The airline industry’s main lobby group adopted a target of eliminating carbon emissions on a net basis by 2050, a goal that will require balancing the fight against climate change with the need to spur demand in the aftermath of the Covid-19 pandemic. Current airline targets aren’t ambitious enough, International Air Transport Association (IATA) Director General Willie Walsh said ...

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• 6 October

  Qantas kicks off 100-plane order worth more than $9b

  

  Bloomberg Qantas Airways Ltd kicked off a process to buy more than 100 new planes worth in excess of $9 billion as it pushes ahead with plans to start ultra-long flights halfway around the globe. The airline will bring in the new aircraft by 2034 to renew its aging domestic fleet of Boeing Co 737-800s and smaller Boeing 717s. Qantas ...

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• 6 October

  SpiceJet plans fleet expansion as carrier nears break-even

  

  Bloomberg SpiceJet Ltd Chairman Ajay Singh wants to expand the company’s fleet of passenger jets and cargo haulers as the Indian airline’s financial performance recovers after a punishing stretch during the pandemic. Singh said the no-frills carrier has a “reasonable chance” of reaching break-even this quarter through December thanks to a combination of cost cuts, renegotiated aircraft leases, an uptick ...

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