A lot’s been happening in the health-care markets. California announced that premiums would rise by an average of 13.2 percent on its exchanges, after years of being one of the standouts for low premium growth. Meanwhile, Anthem, a large insurer, said it would expand its presence in the Obamacare exchanges — but only if its merger with Cigna is ...
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August, 2016
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4 August
Melania Trump’s lucky immigrant adventure
Francis Wilkinson Melania Trump’s husband says she is a 10. Would Donald Trump marry a woman who wasn’t? The question answers itself. But when she was younger, apparently working as a model in New York, the question is whether the former Melania Knauss was associated with another number — an H-1B or a B1 or B2 visa, or perhaps ...
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4 August
Have 3D printer makers found sweet spot?
Bloomberg 3D printing has long been a cool technology in search of a huge market. The industry may have found one in mass production. Because of its high cost and slow pace, 3D printing’s use in manufacturing has been limited mostly to prototyping, making plastic molds for teeth alignment and creating tools. That may be about to change, potentially ...
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4 August
Cash-rich tech firms can’t help tapping US debt markets
Bloomberg Technology companies from Apple Inc. to Microsoft Corp. have sold more than $100 billion of debt this year even as they sat on more than half a trillion dollars of cash. They did it for two reasons: they wanted to avoid paying taxes, and just because they could. Bond buyers fleeing negative yields on government debt in Europe ...
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4 August
Google parent joins $100 billion tech rush to bond market
Bloomberg Google parent Alphabet Inc. has sold $2 billion of bonds, joining a rush of issuance from technology companies that have already raised more than $100 billion this year. In its first trip to the bond market in more than two years, the Internet giant sold 10-year notes to repay short-term debt, according to a person familiar with the ...
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4 August
Nokia raises merger savings target as sales trail estimates
Bloomberg Nokia Oyj Chief Executive Officer Rajeev Suri raised the target for cost savings from the acquisition of Alcatel-Lucent SA as he tries to support earnings after second-quarter sales trailed analysts’ estimates. Sales dropped 11 percent on a pro forma basis to 5.68 billion euros ($6.33 billion), compared with an average analyst estimate of 5.87 billion euros. Adjusted earnings ...
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4 August
Travel ideas for those who plan ahead
DPA If you’re a parent, you know the importance of having college and wedding funds. Now, if you want to be on the cutting edge of financial planning, you’ll also want to invest in a travel fund. “We’re looking at a generation of parents who have been lucky enough to travel themselves, and they want to have that for ...
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3 August
Operations return to normal at DXB
DUBAI / WAM Dubai International Airport announced that air traffic returned to normal after a delay of several hours after Emirates’ flight EK521, coming from Thiruvananthapuram in India to Dubai, was involved in an incident at the airport this afternoon. A FEDEX aircraft was the first to take off from the airport while an Emirates flight also landed at 6:43pm ...
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3 August
30 students intern at Masdar
Abu Dhabi / EMIRATES BUSINESS The Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy, and sustainable technologies, today announced that more than 30 undergraduate students, half of them UAE nationals, are currently interning with the research-based institution.
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3 August
Emirates resumes Conakry flights
DUBAI / WAM Emirates is to resume flights from Dubai to Conakry, the capital of Guinea, from October 30. The airline said on Tuesday that the flight to Conakry will be linked to Emirates’ four times weekly service between Dubai and Dakar. A Boeing 777-300ER aircraft was introduced on the route between Dubai and Dakar on Wednesday (August 2) ...
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