UAE, Austria advancing parliamentary cooperation

Vienna / WAM Sarah Falaknaz, Head of the UAE-EU Parliamentary Friendship Committee Group, explored with Hans Nissl, Head of the Austrian-Emirati Friendship Society in Vienna, the prospects of cementing parliamentary cooperation between the Federal National Council and Austria’s National Council. The two sides underlined the importance of accelerating the exchange of expertise and transfer of knowledge as well exchanging views ...

Read More »

MenaLabs can perform 3,500 various tests per day: El-Nahhas

Dubai / Emirates Business Dr Muhammed El-Nahhas, CEO and Chairman of Board of Directors of MenaLabs – Clinical Pathology Services in Dubai, confirmed that MenaLabs laboratories has the ability to perform 3,500 distinct tests, and that more than 2,000 various tests are performed daily in all different types of laboratory and genetic tests. Dr Muhammed El-Nahhas has argued that PCR ...

Read More »

Don’t fret about backlash to Biden vaccine mandate

In the wake of President Joe Biden’s announcement of new, more aggressive tactics against the Covid-19 pandemic, including expanded vaccine mandates, some of those who support vaccination are worried that it could all backfire. National Journal’s Josh Kraushaar put it this way: “Unfortunate consequence of this speech — by forcing American vaccine holdouts to choose between vaccine and job — ...

Read More »

Will EasyJet be a post-Covid hunter?

It takes gumption to reject a takeover approach from a rival and announce a potentially very dilutive capital hike on the same day. British low-cost airline EasyJet Plc asked shareholders to pony up 1.2 billion pounds ($1.7 billion) via a fully underwritten rights offer to help pay down debt and seize growth opportunities presented by the pandemic. It also revealed ...

Read More »

Can’t crypto crowd see the scars from 2017?

Coinbase Global Inc boss Brian Armstrong has long believed that the adoption of digital currencies like Bitcoin would resemble a straight arrow towards progress — much like the internet’s development from a web of interlinked computers to a whole economy of applications and businesses. Yet his angry tweet storm against the US Securities and Exchange Commission (SEC), after its behind-the-scenes ...

Read More »

Can Bolsonaro’s sound & fury hide his failures?

Brazilian President Jair Bolsonaro’s bet that adoring crowds on Independence Day would help him out of a tough spot didn’t quite go to plan. Tens of thousands did turn out in Sao Paulo and elsewhere, decked in the green-and-yellow flag. He responded with now-familiar attacks on the electoral system, his opponents and the Supreme Court, vowing he would never go ...

Read More »

Airbus sales push gains pace as Wizz Air mulls fresh order

Bloomberg Airbus SE is getting a potential boost from Hungarian discount carrier Wizz Air Holdings Plc’s ambitious plan to catapult itself out of the pandemic ahead of rivals. The Budapest-based airline is weighing a purchase of at least 100 Airbus narrow-body jets, according to people familiar with the discussions. Such a deal would top up one of the largest-ever aircraft ...

Read More »

IndiGo aiming for full capacity flights by Dec

Bloomberg IndiGo, one of Asia’s biggest budget airlines, is aiming at running at full capacity domestically and is targeting just over two-thirds in international routes as the virus pandemic eases and people start traveling more. “Things are improving slowly,” CEO Ronojoy Dutta told Bloomberg Television’s Rishaad Salamat and Haslinda Amin, adding that it was “hard not to be bullish as ...

Read More »

New Covid policy is boosting worker vaccinations: Delta Air

Bloomberg Delta Air Lines Inc said a fifth of its unvaccinated employees received a Covid-19 shot in the two weeks since the airline announced that they would be subject to a $200 monthly surcharge, providing support for companies that are hesitant to impose mandates. The carrier also hasn’t seen a rise in employee turnover, Chief Health Officer Henry Ting said ...

Read More »

Walmart breaks green-bond record with $2b debut sale

Bloomberg Walmart Inc made its green bond market debut with a $2 billion offering, the largest ever from a US corporation, according to data compiled by Bloomberg. The retail giant’s inaugural sustainable debt issuance comes amid efforts to reduce carbon emissions, boost recycling and clean up its supply chain. The deal surpasses NextEra Energy Capital’s $1.5 billion June sale, which ...

Read More »
Send this to a friend