Wednesday , 17 December 2025

American Airlines files lawsuit over its logo copyright denial

Bloomberg American Airlines isn’t pleased with the US Copyright Office’s conclusion that its logo lacks creativity. So the airline is upholding a distinctly American tradition — it’s taking the agency to court. The logo, introduced in 2013 amid a major rebranding by the company, depicts an abstract white eagle’s head poking through a diagonal band with blue on top and …

Read More »

Sears’s demise has Best Buy, JC Penney licking their chops

Bloomberg The increasing pain at Sears Holdings Corp. could mean big gains for competitors, with appliances the biggest moneymaker up for grabs. The struggling retailer has been giving away market share for years, but its Kmart and Sears chains still generate about $14 billion in annual sales. And if the company ultimately files for bankruptcy and liquidates its roughly 800 …

Read More »

UK regulator lands Heathrow slots as first target post Brexit

Bloomberg The UK’s competition watchdog is setting out what it wants to look like in a post-Brexit world — and the first step is filling the regulatory gap. The Competition and Markets Authority plans to probe control of the take-off and landing slots at London’s Heathrow Airport as part of an investigation into a British Airways alliance on tran- satlantic …

Read More »

UAE has become an international symbol of tolerance: Sheikh Nahyan

ASTANA / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister for Tolerance, said that the UAE, since its establishment by the late Sheikh Zayed bin Sultan Al Nahyan, has become a regional and international symbol of tolerance and humanitarian coexistence, through its initiatives and efforts to support international organisations that call for tolerance, love and peace around the world. He …

Read More »

UAE, Spain boost collaborations in healthcare

MADRID / WAM The UAE Embassy in Spain has signed an agreement with the country’s four leading healthcare providers to facilitate knowledge-sharing and exchange of expertise in the healthcare sector. Dr Hissa Abdullah Al Otaiba, UAE Ambassador to Spain, signed the agreement on behalf of the government. The agreement includes facilitating mutual exchange of knowledge and expertise in different medical …

Read More »

New sister port pact to enhance UAE-US trade

SHARJAH/ WAM Gulftainer hosted the signing of a sister port agreement between the Department of Seaports & Customs of the Government of Sharjah and the Diamond State Port Corporation (DSPC), a corporate entity of the State of Delaware, USA. Under the terms of the partnership, the two entities are mandated to cooperate in the development of international trade and logistics, …

Read More »

Oil holds near $74 on speculation storm may worsen supply risk

Bloomberg Oil traded above $74 a barrel on concerns Hurricane Michael in the US may exacerbate a supply crunch, while the International Energy Agency (IEA) warned higher prices may put the world economy at risk. Futures were little changed in New York after gaining 0.9 percent on Tuesday. Organization of Petroleum Exporting Countries (Opec) and other key producers need to …

Read More »

Irena says clean energy could dominate Egypt’s power at $6.5bn a year

Bloomberg Egypt would need to more than double investment in clean energy to push the amount of electricity generated by renewables to over 50 percent, according to the International Renewable Energy Agency (Irena). Investments would need to be $6.5 billion a year, up from $2.5 billion currently, to boost generation from clean energy to 53 percent by 2030, Abu Dhabi-based …

Read More »

Explosion shuts Canada’s oil refinery

Bloomberg Irving Oil Corp.’s refinery in New Brunswick, a major supplier of fuel to the northeastern US, was shut after an explosion and fire in a diesel unit. The hydrotreater, which removes sulfur from diesel to make fuel that meets environmental standards, was in the part of the refinery that was still running, while other units were shut for maintenance …

Read More »

Hong Kong to add artificial islands to tackle city’s looming housing crisis

Bloomberg Hong Kong will add artificial islands to counter a runaway property market that’s made the city the world’s least affordable for housing. The government will aim to reclaim 1,700 acres (688 hectares) off Lantau Island, the city’s Chief Executive Carrie Lam said on Wednesday in a policy address. That compares with the 1,670 acres of extra land that a …

Read More »