May, 2017

• 31 May

  80 die as suicide truck bomb hits Kabul diplomatic district

  

  Bloomberg A suicide truck bomb in Kabul killed as many as 80 people and wounded 350 on Wednesday morning near a diplomatic enclave in the worst attack on the Afghan capital in 10 months. The explosion happened near the German embassy about 8:25 a.m. in the Wazir Akbar Khan area, a busy neighborhood that’s home to the presidential palace and ...

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• 31 May

  Russia launches missile strikes targeting IS in Syria

  Bloomberg Russia attacked IS targets in Syria with cruise missiles fired from a warship and submarine, the Defense Ministry in Moscow said. The Admiral Essen frigate and the Krasnodar submarine, operating in the Mediterranean Sea, hit sites around the Syrian city of Palmyra with four Kalibr missiles, the ministry said in a statement on Wednesday. The US, Turkey and Israel ...

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• 31 May

  Trump communications chief Dubke leaving: White House

  Bloomberg A top White House official announced his resignation on Tuesday after less than three months on the job, a dire start to President Donald Trump’s first week back in Washington following a nine-day trip overseas. “It has been my great honor to serve President Trump and this administration,” Communications Director Mike Dubke said in a statement after Trump adviser ...

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• 31 May

  May gets personal in UK election as Corbyn hogs limelight

  

  Bloomberg UK Labour Party leader Jeremy Corbyn is dominating the British election campaign—for good and bad—with just over a week left before voters choose a government to negotiate Brexit. A dramatic 24 hours culminated in a poll suggesting the election could produce no clear winner, pushing sterling lower. On Tuesday, Corbyn forgot the cost of a key childcare policy during ...

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• 31 May

  Ousted Flynn agrees to turn over documents in senate Russia probe

  

  Bloomberg Former Trump White House National Security Adviser Michael Flynn agreed to turn over a limited number of documents sought by the Senate Intelligence Committee for its investigation into Russian interference in the 2016 election. Flynn has agreed to initially produce documents the committee subpoenaed from his two companies, Flynn Intel LLC and Flynn Intel Inc., according to a person ...

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• 31 May

  Bulgaria seeks political backing to switch to euro

  Bloomberg A decade after joining the European Union, Bulgaria is stepping up its lobbying efforts to switch to the euro, part of an expansion by the bloc that could help stabilize the volatile Balkan region. The former communist country will ask euro-area politicians to back its bid to join the ERM-2 exchange-rate mechanism, the precursor to adopting the common currency, ...

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• 31 May

  Ryanair puts expansion ahead of profit with Boeing jet binge

  

  Bloomberg Ryanair Holdings Plc plans to accelerate its European expansion to take advantage of financial woes at regional competitors and reduce its reliance on an uncertain UK market. Europe’s biggest discount carrier is in talks with Boeing Co. to add two or three more 737 jets to its existing delivery schedule while extending leases on 10 other planes through 2019, ...

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• 31 May

  Modi weighs privatizing indebted state carrier Air India

  

  Bloomberg Indian Prime Minister Narendra Modi is actively considering a proposal to privatize state-run Air India Ltd., possibly asking the buyer to absorb loans of about 200 billion rupees ($3.1 billion) linked to aircraft purchases, a person with direct knowledge of the matter said. The deliberations follow recommendations by a government panel for the sale of the money-losing carrier that ...

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• 31 May

  SriLankan Airlines to establish its presence in Australia

  

  Emirates Business SriLankan Airlines, the National Carrier of Sri Lanka and a member of the prestigious oneworld alliance, will be establishing its presence in Australia with daily non-stop services to Melbourne commencing October 29 this year. Australia is home to one of the largest Sri Lankan expatriate communities, many of whom reside in and around Melbourne, the capital of Australia’s ...

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• 31 May

  City Centre Fujairah extends retail offerings with global superbrands

  

  Fujairah / Emirates Business City Centre Fujairah, owned and operated by Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has added four big-brand stores. Adidas and Toys ‘R’ Us are among the latest shops to have opened. Womenswear chains Monsoon and Annabelle have also launched branches in the mall. ...

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