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Abu Dhabi / WAM Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced a new service to Jaipur, the capital of Rajasthan, starting from May 5. Abu Dhabi travellers will now be able to fly direct to Jaipur International Airport at competitive prices, the airline company said on Thursday. Jaipur or the Pink city, is the capital and ...

The first stage of the war in Ukraine didn’t go according to Vladimir Putin’s plan, but it is the next four weeks that could determine how the map of Europe is changed as a result of his invasion. The incremental sanctions tightening we’ve seen in recent days will make little difference to that battle. It will also require a major ...

The much-awaited debut of GoTo, the combination of ride-hailing app Gojek and e-commerce firm PT Tokopedia, offers investors a stark choice. Base your bet on near-term metrics like valuation and growth, or take a longer view of Indonesia’s growing middle class and digital economy. On the numbers alone, GoTo’s initial public offering looks expensive. Subtract the estimated $4 billion cash ...

  The pandemic shocks to the UK are showing up in all manner of ways. But one of the hardest to resolve will be the red-hot residential rental market. With more than 28 applicants circling each property available for rent — an all-time high according to Propertymark, the membership body for property agents — this is a dysfunctional marketplace. Estate ...

  The Federal Reserve is fighting the worst US inflation in 40 years, and its assault on rising consumer prices is probably going to get messy. You can’t just rein in 1970s-style consumer price increases without slamming the brakes on the entire economy. Until now, the stock market has mostly ignored this risk, but subtle signs are emerging that the ...

  Bloomberg Jet Airways India Ltd, which is undergoing a court-monitored restructuring, plans to return with a hybrid of premium and no-frills services that would allow the former top local airline to claw back market share while managing costs in the fiercely competitive Indian aviation market. The bankrupt airline, now helmed by a new set of owners, will have a ...

  Bloomberg A key lawmaker said that he opposes giving Boeing Co more time to certify its Max 10, signalling potential and costly delays for the planemaker’s next model of the 737. Representative Peter DeFazio, the Oregon Democrat who leads the House Transportation and Infrastructure Committee, said in an opening statement at a hearing that he would oppose Congress extending ...

  Bloomberg Hong Kong has ceased to function as an international aviation hub as it curbs inbound flights and quarantines arriving passengers, according to a trade group representing hundreds of airlines worldwide. “It’s effectively off the map now, and I think it’s going to be difficult for Hong Kong to recover,” Willie Walsh, director general of the International Air Transport ...

  Bloomberg Walmart Inc, which for years has managed its sprawling operations from a famously drab home office, is following through on plans to boost the amenities at its new headquarters complex. A fitness centre will feature tennis courts, three indoor pools and a teaching kitchen, while a child-care centre will be able to accommodate as many as 500 kids, ...

  Bloomberg Ingka Investments, the investment arm of Ikea’s biggest retailing group, has bought nine solar park projects in Germany and Spain for about $373 million. The projects are being developed by Germany-based Enerparc AG and expected to be ready for construction at the end of this year, according to an emailed statement. The solar energy production “will be sufficient ...