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DUBAI / Emirates Business Emirates and flydubai will offer travellers even more connectivity and flight options in 2018, with new codeshare flights planned to Krakow in Poland from April 8, and Catania in Italy from June 13. Both Dubai-based airlines currently offer customers a breadth of travel options across their complementary networks, with codeshares to 81 destinations and more to ...

Bloomberg After selling billions of dollars of debt backed by consumer loans in 2017, Chinese billionaire Jack Ma’s Ant Financial is pausing such fundraising as the government steps up curbs on micro lending. The company hasn’t sold any asset-backed securities (ABS) since early December, according to data compiled by Bloomberg and China Securitization Analytics. That marks an abrupt shift after ...

Bloomberg Samsung Electronics Co. missed analyst profit estimates as South Korea’s surging currency and year-end bonuses outweighed display orders from Apple Inc. for the new iPhone X. Operating income was 15.1 trillion won ($14.2 billion) in the three months ended in December, missing the average of estimates by 1 trillion won. Shares fell in Seoul after the result. Samsung is ...

Bloomberg President Donald Trump told a group of farmers that recent tax cuts and deregulation will revitalise the US rural economy. Trump’s speech at the American Farm Bureau Federation’s annual conference in Nashville was his first policy address since Congress passed the $1.5 trillion tax overhaul. He said agricultural producers, businesses and workers will all benefit from the legislation, and ...

Bloomberg Apple Inc. faces a French criminal probe into allegations from consumer groups that it’s deliberately shortening the life of iPhones. The investigation, confirmed by Paris prosecutors, comes just weeks after the US technology giant apologised to customers for software changes it says unintentionally reduced the performance of older smartphones to prevent unexpected shutdowns. The authorities opened a preliminary investigation ...

Bloomberg The engineer who was fired by Google after he criticised its diversity policies claims in a lawsuit that he and others at the internet giant were harassed over their conservative political views. James Damore filed a class-action complaint after setting off a firestorm in August with a 10-page memo blasting Google’s “left bias” for creating a “politically correct monoculture.” ...

Bloomberg UK Prime Minister Theresa May’s attempt to give her government a 2018 reboot was marred by a chaotic cabinet reshuffle as senior ministers refused to follow her orders. It’s a development that bodes ill for her ability to successfully navigate the next, even trickier stage of Brexit talks. May’s office flagged the events as “a refresh” of her top ...

Al Ain / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a delegation from Strata Manufacturing at Qasr Al Maqam in Al Ain on Monday. ...

Dubai / WAM His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre, on Monday received John Flint, the newly appointed Executive Director and Group Chief Executive of HSBC Group, who was accompanied by his predecessor Stewart Gulliver. Sheikh Maktoum welcomed Flint, who will assume his duties in ...

DUBAI / Emirates Business Emirates Group Security and Etihad Aviation Group (EAG) signed a Memorandum of Understanding (MoU) for cooperation in aviation security. The MoU was signed by Sir Tim Clark, President Emirates Airline, and Tony Douglas, Group Chief Executive Officer of Etihad Aviation Group, in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief ...