Sheikh Mohammed bin Rashid Al Maktoum meets Umm Al Qaiwain Ruler

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received HH Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, at the Shindagha Majlis, in Dubai, on Sunday. HH Sheikh Mohammed and HH Sheikh Saud exchanged greetings on the occasion ...

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UAE astronaut becomes first Arab Increment Lead for ISS expedition

DUBAI / WAM Following the undocking of the Soyuz MS-22 spacecraft, the historic Expedition 69 is officially underway. The commencement of the mission marks a significant milestone for the Arab region and the UAE. This ground-breaking mission includes Hazzaa Al Mansoori, who will serve as the first Arab Increment Lead for an International Space Station (ISS) expedition, and Sultan AlNeyadi, ...

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Immigration system restored at Singapore’s Changi airport

BLOOMBERG Singapore’s immigration systems were largely back to normal after a disruption that caused delays at Changi airport and at land-border crossings just before the start of the weekend. Although travellers were told to delay non-essential travel, there haven’t been any flight cancellations, according to data from Flightradar24.com. The glitch came two days after the city’s largest bank, DBS Group ...

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JetBlue set to cut New York flights during ‘very busy’ summer

BLOOMBERG JetBlue Airways Corp is preparing to trim New York flights during the upcoming “very busy” summer travel season after federal regulators asked carriers to reduce schedules by as much as 10% at some of the nation’s busiest airports. “This summer is going to be really hard again,” Chief Executive Officer Robin Hayes said at the Economic Club of New ...

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Bed Bath warns of bankruptcy risk in $300m equity offering

BLOOMBERG Reeling from a collapse in its stock price and at the mercy of Wall Street banks, Bed Bath & Beyond Inc warned it will likely go bankrupt if a last-gasp $300 million equity offering fails. The retailer filed to sell new shares to stay afloat and repay creditors after a hedge-fund rescue effort faltered and as day traders — ...

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Lufthansa nearing deal with Italy’s ITA Airways

BLOOMBERG Italy state-owned carrier ITA Airways approved a business plan shared with Deutsche Lufthansa AG, a further step towards selling a minority stake to the German airline. The plan envisages the development of ITA Airways’ fleet, network and strategic goals and it has been discussed by Italy’s Finance Minister Giancarlo Giorgetti, ITA Chairman Antonino Turicchi and Lufthansa’s Chief Executive Officer ...

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Manila to ‘do everything’ to boost maritime sector: Marcos

BLOOMBERG Philippine President Ferdinand Marcos Jr said his government will “do everything” to address outstanding issues confronting its maritime industry after the European Commission agreed to continue recognising government certificates issued to its seafarers. The Philippines is one of the world’s top suppliers of maritime labour and Marcos cheered the commission’s move, saying it averted the potential loss of 50,000 ...

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Australian prime minister wins by-election

BLOOMBERG Australian Prime Minister Anthony Albanese won a historic victory at a by-election in the state of Victoria, becoming the first government in more than 100 years to take a district off the opposition outside a national vote. The ruling Labor party’s candidate, Mary Doyle, was set to win the district of Aston in eastern Melbourne, according to Australian Broadcasting ...

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Bulgarians vote to end deadlock, mounting crises as war weighs in

BLOOMBERG Bulgarians are voting in their fifth election in two years, seeking to end turmoil that has paralysed the political system and put at risk European Union (EU) unity over Russia’s invasion of Ukraine. The Balkan country has been grappling with a political stalemate after a series of inconclusive votes — most recently in October — has given no political ...

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