June, 2016

• 21 June

  Indian healthcare providers to spend US$1.2 billion on IT

    New Delhi / Tribune News Service Healthcare providers in India are expected to spend $1.2 billion on information technology (IT) products and services in 2016, an increase of 3.4% over 2015, according to research firm Gartner, Inc. The spending includes expenses on internal services, software, IT services, data centre, devices and telecom services, the research firm said. “IT services, ...

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• 21 June

  Reef bleaching ‘could cost $1bn in lost tourism’

  

    Sydney / AFP Severe coral bleaching on Australia’s Great Barrier Reef could cost it more than a million visitors a year and huge sums in lost tourism revenue, a survey said on Tuesday. The World Heritage-listed reef which teems with marine life experienced an unprecedented bleaching earlier this year that saw much of it whiten and almost a quarter ...

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• 21 June

  India bars foreign carriers full control of local airlines

  

  New Delhi / Bloomberg India retained restrictions that prevent overseas airlines from raising stakes in local carriers even as it unveiled new rules to attract foreign investors into the world’s fastest growing major aviation market. The government will allow foreign entities such as funds and portfolio investors to fully own local airlines, removing an earlier cap of 49 percent, it ...

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• 21 June

  Iran Air reaches pact with Boeing

  

    Tehran / Bloomberg Iran Air, the Islamic Republic’s state carrier, signed a memorandum of understanding with Boeing Co. for narrow- and wide-body aircraft in the first transaction by the US planemaker since sanctions were lifted in January. The purchase includes a mix of 737 and 777 models, Iran Air said in a statement on its website. The carrier will ...

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• 21 June

  SaudiGulf to begin domestic flights

  

    RIYADH / Tribune News Service The SaudiGulf (Saudia Khalijiyah) airline will begin its domestic flights in the Kingdom this coming September, and is expecting to launch international flights to Dubai by the end of the year. Sources reveal the company is preparing on Wednesday to receive its airline operating license in the presence of Minister of Transportation Sulaiman Al-Hamdan, ...

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• 21 June

  Wal-Mart to buy 5% stake in JD.com

    Beijing / Bloomberg Wal-Mart Stores Inc. will acquire a 5 percent stake in Asian e-commerce giant JD.com Inc. in a deal that will reshape the U.S. retail chain’s operations in China. As part of the agreement, JD.com will take ownership of Wal-Mart’s Yihaodian online marketplace, the companies said in a statement. The Chinese branch of Sam’s Club also will ...

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• 21 June

  AirAsia weighs BNP, Credit Suisse for leasing unit sale

  

    Kuala Lumpur / Bloomberg AirAsia Bhd. is considering hiring BNP Paribas SA, Credit Suisse Group AG and RHB Capital Bhd. to help sell its aircraft leasing unit as part of plans to raise funds and strengthen its finances, the group’s Chief Executive Officer Tony Fernandes said. Asia’s biggest discount carrier also plans to garner between $75 million and $100 ...

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• 21 June

  Brexit race tight as murder upends campaign

  

    London / AFP Britain’s referendum on European Union membership could go either way, polls indicated on Tuesday, after a day of tearful tributes to slain lawmaker Jo Cox whose brutal murder has overshadowed the campaign. The killing last week sparked accusations of hate-mongering in an already heated battle for votes before the momentous ballot on Thursday that could determine ...

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• 21 June

  Polish immigrants keep wary eye on Brexit campaign

  

    London / AFP With all the talk about European workers in the campaign ahead of Britain’s EU membership referendum on Thursday, many Poles living in the UK are concerned about what the future holds. The Polish community is estimated at 790,000 people, making up the largest number of about three million EU citizens living in Britain who have become ...

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• 21 June

  Man arrested at Brussels mall after bomb alert

  

    Brussels / AFP A man with a fake suicide belt was arrested after a bomb scare at a shopping centre triggered a major anti-terror operation in central Brussels on Tuesday, federal prosecutors said. Belgium remains on a high state of alert after IS-claimed bomb attacks in March left 32 dead at the airport and on the metro. Tuesday’s incident ...

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