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  Beirut / AFP Five people on board a Russian military helicopter were killed on Monday when it was shot down over Syria, in the single deadliest incident for Moscow since it intervened in the war. The attack came as Syrian opposition fighters and their extremist allies battled government forces outside Aleppo in a bid to ease the regime’s siege ...

  Dubai / Emirates Business International players in the professional audio-visual (AV) and entertainment equipment sectors are looking to the Middle East as a key growth market, as they turn to the region’s dedicated industry trade show in Dubai to take their businesses to the next level. Economic development fuelled by upcoming mega events and investments into hospitality, education and ...

  DUBAI / Emirates Business Schneider Electric, a global specialist in energy management and auto- mation, launched Gutor PXC, a standardized, fully industrial uninterruptible power supply (UPS) for harsh environments, in the Gulf region. Ideal for rugged and outdoor settings such as oil and gas exploration and production sites, marine and offshore environments and climates with extreme temperatures, the Gutor ...

  Bloomberg Tokyo Gas Co., Japan’s second-biggest buyer of liquefied natural gas, is in talks with European companies to swap cargoes it owns from the U.S. with those in Asia to reduce shipping times and costs. The utility is offering cargoes from the Cove Point project on the U.S. East Coast, which is expected to start up late next year ...

  Bloomberg Corporate earnings are heading for a fifth straight quarter of declines, dragged down mostly by energy companies’ struggles with low oil prices and a tepid global economy that threatens to throttle sales growth in many industries. U.S. companies as varied as hamburger chain McDonald’s Corp. and Honeywell International Inc., a maker of gas-processing equipment and cockpit controls, have ...

  Bloomberg Nissan Motor Co. is growing faster in the U.S. than any mass-market carmaker and edged past rival Honda Motor Co. in this year’s first half. That might not be a good thing for Nissan’s bottom line. Chief Executive Officer Carlos Ghosn wants Nissan to pass Honda and get 10 percent of the North American market. Yet Nissan’s growth ...

  ABU DHABI / WAM The UAE moved up four places in its position in the e-smart services index of the E-Government Development Index (EGDI), issued by the United Nations Department of Economics and Social Affairs (UNDESA) ranking in joint 8th place globally with the Republic of Estonia. The EGDI is an important component in the overall index used to ...

  Dubai / Emirates Business Dubai Future Foundation announced the collaboration with WeRobotics to accelerate the transfer of appropriate robotics solutions to scale the impact of aid, development and environmental projects in developing countries. To do this, WeRobotics is co-creating a global network of local innovation labs “Flying Labs” where local partners are trained to use robotics solutions safely, responsibly ...

  Dubai / Emirates Business Global developer Emaar Properties recorded a robust increase of 12 percent in net profit to AED 2.475 billion (US$ 674 million) in the first six months (January to June) of 2016, compared to the net profit of AED 2.205 billion (US$ 600 million) during the same period last year. The half-year 2016 revenue is AED ...

  AP China’s ambitions to become a pioneer in nuclear energy are sailing into troubled waters. Two state-owned companies plan to develop floating nuclear reactors, a technology engineers have been considering since the 1970s for use by oil rigs or island communities. Beijing is racing Russia, which started developing its own in 2007, to get a unit into commercial operation. ...