February, 2017

• 15 February

  Lockheed’s Sikorsky in talks with Indian carriers for Skytruck

  

    Bloomberg Sikorsky Aircraft Corp., a unit of Lockheed Martin Corp., is in talks with startup airlines in India to sell its small, twin-turboprop M28 planes as Prime Minister Narendra Modi seeks to boost air travel in remote parts of the country with subsidies. The company, known for its helicopters, has offered to build the passenger planes in India if ...

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• 15 February

  Lufthansa to attract more Indian flyers

  

    Bloomberg Deutsche Lufthansa AG, competing with the Middle East’s biggest carriers to carry Indian international traffic, said it will seek to expand ties with Jet Airways (India) Ltd., which will help its customers get access to more connecting flights in the South Asian country. Lufthansa, which is deepening its partnership with Etihad Airways PJSC, connects Germany with five Indian ...

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• 15 February

  Asky Airlines takes on Air France as W African carrier eyes Europe

  

    Bloomberg Asky Airlines plans to extend its route network to Paris and Johannesburg from its home region of West Africa as the carrier part-owned by Ethiopian Airlines seeks to increase passenger numbers and revenue. The airline plans to start direct flights between the French capital and its hub in Lome, the capital of Togo, this year or next, Chief ...

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• 15 February

  dinh van marks its 1st anniversary in Dubai

  

    Emirates Business In collaboration with Marka PJSC, the first public joint stock retail operator in the UAE, contemporary French jewellery brand dinh van marked its 1st anniversary in Dubai by celebrating with guests, VIPs, media and the Marka team at its branch in CITY WALK. The anniversary follows the recent opening of dinh van’s second outlet, in Galeries Lafayette ...

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• 15 February

  Creepy-crawly internet fame

  

    Karlsruhe / DPA uck. Terrifying creatures are crawling all over his hands and face – humongous snails, huge cockroaches, gigantic moths. It’s all in a day’s activity on the internet for a German 19-year-old named Adrian Kozakiewicz. The setting is not some tropical jungle in Brazil, but rather a nondescript middle class duplex house of a German suburb. There, ...

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• 15 February

  UK Muslims arrange marriages via app

  

    London / DPA Finding love is never easy, and it’s even harder to find someone who shares your values – especially for young British Muslims. But many are starting to take control with a do-it-yourself approach to arranged marriage. Run-of-the-mill apps will display the name, age, photos and maybe the profession or music preferences of potential partners. Muzmatch, however, ...

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• 15 February

  Saudi ‘cuts output by most in 8 years’

  

    BLLOMBERG Saudi Arabia told OPEC that it cut oil production by the most in more than eight years, going beyond its obligations under a deal to balance world markets. The kingdom reported that it reduced output by 717,600 barrels a day last month to 9.748 million a day, according to a monthly report from the Organization of Petroleum Exporting ...

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• 15 February

  Trump repeal of Obama energy regulation signals more to come

    Bloomberg President Donald Trump has overturned an Obama-era anti-corruption rule that would have forced oil, gas and mining companies to disclose payments to foreign governments, becoming the first president in 16 years to take advantage of a law that allows him to rescind a predecessor’s regulations. Trump signed a congressional resolution to repeal a Securities and Exchange Commission disclosure ...

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• 15 February

  Indiana utilities try to tilt solar market in their favour

  

    INDIANAPOLIS / AP Indiana’s energy utilities want state lawmakers to pass a law that critics say would muscle out smaller companies from the emerging solar energy market. Solar power provides only about 1 percent of the country’s energy, but the industry is growing rapidly, with figures showing it employed 208,859 workers in 2015. That amounts to a 125 percent ...

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• 15 February

  Eni, BP to pour more investment into Egypt

  

    Bloomberg Eni SpA will start producing from the giant Zohr natural gas field off Egypt’s Mediterranean coast by the end of 2017 and plans to invest $10 billion in the North African country over the next five years, Chief Executive Officer Claudio Descalzi said. Production plans for Zohr are on schedule, and Egypt will be Eni’s top country for ...

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