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  Male / Gulf Time Multi-award-winning hospitality group Sun Siyam Resorts announces the promotion of Deepak Booneady from Vice President of Commercial to Chief Executive Officer (CEO). Within his new role as CEO, Deepak will oversee the overall operation of the company, work closely with the group general manager, the resort management teams, as well as with the head office ...

  Bloomberg Ryanair Holdings Plc called for immediate action after illegal drone flying near Dublin airport caused disruption on three of four days over a bank holiday weekend, affecting thousands of travellers. Flight operations at the airport were suspended for three days due to drones spotted on the airfield, forcing several flights to be suspended, delayed, and diverted to other ...

Bloomberg Hudson Bay Capital Management is the anchor investor of the share sale by Bed Bath & Beyond to stave off bankruptcy, according to people with knowledge of the matter. The embattled retailer lined up investors for an eleventh-hour cash infusion that would allow it to keep operating outside of Chapter 11 protection, Bloomberg previously reported. Hudson Bay, a New ...

  Bloomberg Boeing Co. plans to trim about 2,000 finance and human resources jobs, part of an initiative to slim its corporate structure while bolstering the manufacturing workforce. The reductions will take place companywide and will be accomplished through layoffs and attrition, Boeing said in an emailed statement. Potentially affected workers haven’t yet been told if they will lose their ...

Bloomberg Ukrainian President Volodymyr Zelenskiy made a surprise visit to the UK, only his second confirmed trip outside the country since the war began, as Prime Minister Rishi Sunak announced more training for Ukrainian troops and new help for fighter jet pilots. Zelenskiy arrived on a Royal Air Force plane before heading into London to meet Sunak in Downing Street ...

Bloomberg US President Joe Biden taunted Xi Jinping in his State of the Union address, saying autocracies had grown weaker around the world and no one would want the Chinese leader’s job. “Name me a world leader who’d change places with Xi Jinping,” Biden shouted, departing from his prepared text Tuesday night as he waved a finger. “Name me one, ...

Bloomberg Chinese leader Xi Jinping appears to be recalibrating his hardline approach to Taiwan in the year before the island holds a presidential election that his government’s preferred negotiating partner has a shot at winning. Kuomintang Vice Chairman Andrew Hsia is expected to visit China on Wednesday, the latest in a series of friendly gestures between the one-time foes in ...

Bloomberg South Korea’s progressive opposition bloc used its majority in parliament to approve an unprecedented impeachment measure against the interior minister, heating up partisan tensions as worries mount about the country falling into recession. The Democratic Party and small groups passed the measure Wednesday to impeach Lee Sang-min, making him the first cabinet minister in the country’s history to be ...

Bloomberg Societe Generale SA fell short of a pledge to pay out half of its underlying profit to shareholders, even after its fixed-income traders handed Chief Executive Officer (CEO) Frederic Oudea a bigger-than-expected profit. Revenue from buying and selling fixed-income products and currencies jumped 56% in the fourth quarter, beating analysts’ estimates as well as all main rivals so far. ...

  Bloomberg ABN Amro Bank NV reported fourth-quarter profit that beat analysts’ expectations as the Dutch lender restrained costs and announced a $536 million share buyback. Net income of €354 million in the three months through December compared with expectations for profit of €55.1 million, with the result aided by a combination of lower loss provisions and operating expenses, according ...