September, 2016

• 15 September

  Stocks diverge as traders eye central banks

  

    AFP European stock markets were mixed on Thursday, as London shares rose on hints from the Bank of England that there could be another rate cut this year. London’s benchmark FTSE 100 stocks index was up 0.2 percent in afternoon trading, as traders also reacted to better-than-expected British retail sales data. In the eurozone, Frankfurt’s DAX 30 index slipped ...

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• 15 September

  Oil prices rebound

    AFP Oil prices rebounded slightly on Thursday after tanking the previous day, but gains were capped by US stockpiles data and the prospect of rising output in Libya and Nigeria, dealers said. At about 1015 GMT, US benchmark West Texas Intermediate for delivery in October was up 20 cents at $43.78 a barrel. Brent North Sea crude for November ...

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• 15 September

  UAE bourses fall in thin, early trade; GFH rises

    Bloomberg United Arab Emirates stock markets fell in thin early trade on Thursday as they reopened after long Eid al-Adha holidays. During the time the bourses were closed between Sunday and Wednesday, oil prices and global equities dropped steeply, leaving few positive incentives for Gulf investors. Many investors remained on holiday on Thursday, the last day of the working ...

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• 15 September

  A trans-Atlantic trip on Boeing’s diminutive 737

  

    Bloomberg The smallest aircraft made by Boeing Co. and Airbus Group SE are about to find a new role operating trans-Atlantic routes that were previously the preserve of some of the world’s biggest planes. The re-engined 737 Max and A320neo jets offer a 15 percent fuel saving meant to cut costs on the shortest inter-city services. At the same ...

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• 15 September

  Opening Argentina’s air routes to competition will take time

  

    Bloomberg Argentina’s airline passengers must wait for a more competitive market while the government focuses on improving the country’s infrastructure to be able to handle more flights, even as Avianca Holdings SA and others show interest in entering the market. Argentina is spending $1.35 billion over four years to upgrade its air transport infrastructure, partly to refurbish 17 airports, ...

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• 15 September

  ‘Irrepressible’ air travel defies global economic growth slump

  

    Bloomberg For all the world’s economic malaise, there’s a bright spot above the clouds: Airline passenger traffic grew 6.4 percent last year, the most in five years. Total passengers rose across all major regions to 7.2 billion, almost the population of the planet, according to Airports Council International, the industry’s Montreal-based trade association. And as with the global economy, ...

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• 15 September

  Lufthansa’s Eurowings arm faces strike over lower cabin crew pay

  Bloomberg Deutsche Lufthansa AG may face more disruption to flights that have been beset by strikes over the past 2 1/2 years as a union representing cabin crew at the carrier’s low-cost arm weighs industrial action. The Ver.di labor group said it could call a walkout at the Eurowings unit after four rounds of talks failed to produce a pay ...

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• 15 September

  Green jet fuel from steel mill waste debuted by Virgin Atlantic

  

    Bloomberg A company partnered with Virgin Atlantic Ltd. has created a green jet fuel made from waste industrial gases from steel mills. LanzaTech Inc., based in Skokie, Illinois, produced 1,500 gallons of the fuel known as Lanzanol. It’s made from ethanol created through a fermentation process. It’s estimated to be 65 percent cleaner than conventional jet fuel, according to ...

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• 15 September

  Neffos: A blend of tech and style

  

    Emirates Business TP-Link has launched the latest Neffos series smartphones that establish the company as a serious contender in the mobile space. Created to seamlessly connect people to each other, and to the world around them, the Neffos X1 and the Neffos X1 Max push the boundaries of smartphone design, imaging prowess, mobile security, and processing performance. The product ...

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• 15 September

  Moto Mods takes leaps in mobile technology

  

    Emirates Business Moto Mods is taking everyone to the next era of mobile technology. You can now transform your smartphone into exactly what you need it to be, and the possibilities are endless. The Moto Mods family includes the JBL SoundBoost speaker so you can take the party with you, the Insta-Share Projector so you can share content as ...

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