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Dubai / Emirates Business Orthocure — the brainchild of Dr Saeed and Dr Ali — pioneers in the field of Orthocare and orthopedic surgery who originally conducted numerous orthopaedic surgeries at Mirdif, found that with their expertise in robotic surgery and a growing clientele with demand for sports rehab programs and holistic non-invasive treatment, an upgrade was needed. In alliance ...

Abu Dhabi / WAM The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi has revealed, at the Abu Dhabi Smart City Summit, the self-driving vehicle and launch date of the first pilot phase of “TXAI”, which is a new service that utilises self-driving taxis to transport passengers on Yas Island in Abu Dhabi. ...

Bloomberg Europe is growing increasingly reliant on coal to keep the lights on as the weather turns cold, sending the cost of polluting to a record. Carbon prices exceeded 70 euros for the first time ever as utilities turn to the dirtiest of fossil fuels. Power plants in the UK are burning the most coal since the beginning of the ...

Before the arrival of safe and effective vaccines, dealing with Covid-19 in Europe was dominated by fear, uncertainty and blunt tools like lockdowns and travel bans to keep hospitals from being overrun. Countries with blanket curbs such as Austria and Denmark — whose leaders self-identified as “first movers” — wore their strict social-distancing rules like a badge. This fear is ...

Best Buy Co Inc’s post-pandemic slowdown has officially begun. And unfortunately for its investors, there are clear signs the electronics retailer’s troubles might just be getting started. The company reported revenue of $11.91 billion for the quarter ended in October, slightly above the $11.69 billion median estimate of analysts surveyed by Bloomberg, and roughly flat compared with last year. Revenue ...

It’s hard to follow the news without encountering scary-sounding reports about inflation. They’re often based on broad inflation measures like the consumer price index, which has risen 5% or more year over year for six consecutive months since May, the longest such streak since the early 1990s. The implication, if not the explicit message, is that the cost of everything ...

The credit markets are no place for discerning investors these days. US junk bond and leveraged loan sales have surpassed $1 trillion in 2021, an unprecedented amount for a calendar year. Loan funds have experienced inflows during all but two weeks this year, bringing the S&P/LSTA Leveraged Loan Price Index close to an all-time high, and year-to-date issuance of collateralised-loan ...

Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said steps aimed at containing spiraling coronavirus infection rates in Europe are putting the region’s travel rebound at risk. Measures including a return to lockdown conditions in Austria mean airlines face a “fraught” period through Christmas as they wait to see whether a resurgence in demand will be strangled off, O’Leary ...

Bloomberg SpiceJet Ltd is reducing liabilities and considering raising capital after the damage caused by Covid-19, and has agreed compensation from Boeing Co for the grounding of 737 Max jets, Chairman Ajay Singh said. The budget carrier, which suffered as Covid halted air travel in India, aims to cut liabilities by as much as $300 million over six months and ...

Bloomberg Air Canada has agreed with US aviation regulators to pay $4.5 million to settle charges that it didn’t properly give refunds to US travellers when it cancelled or altered flights during the Covid-19 pandemic. The settlement between the airline and US Department of Transportation — which must be approved by an administration law judge — would be the largest ...