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Bloomberg Air India Ltd is trying to make itself more attractive to potential bidders by deploying a greater number of high-end seats for the lucrative London market and adding new flights by repairing grounded aircraft. The carrier started using Boeing Co 777 jets for flights to London from New Delhi, replacing the smaller 787 Dreamliner that now flies three times ...

Bloomberg Gap Inc, the apparel retailer that’s searching for a new chief executive officer, said it will no longer seek to establish Old Navy as a standalone company. The plan, announced under previous CEO Art Peck, was to spin off Old Navy on the premise that its fast growth wasn’t being reflected in Gap’s stock price. However, Old Navy’s performance ...

Bloomberg Amazon.com Inc is planning to create terminals which would allow customers to make payments in-store with a wave of the hand, Dow Jones reports citing people familiar with the matter. The company plans to pitch the terminals to coffee shops, fast-food restaurants and other merchants and has recently began working with Visa Inc, according to the report. Amazon is ...

DUBAI / WAM The Hope Probe will carry with it the UAE Nation Brand’s logo and its accompanying slogan, ‘Make it Happen’, when the spacecraft built by the Mohammed bin Rashid Space Centre takes off for Mars later this year. The brand’s placement on the probe, called ‘Al-Amal’ in Arabic, symbolises the future-forward aspirations that the new brand represents. Designed ...

Bloomberg Libyan commander Khalifa Haftar blocked oil exports at ports under his control, slashing output by more than half and posing a potential setback for an international conference on Sunday that aims to broker an end to a civil war in the Opec nation. As a result of the blockage of ports in the central and eastern parts of the ...

ABU DHABI / WAM The UAE cabinet approved a draft law amending provisions within the nation’s Federal Law No. 18 of 1981, otherwise known as the ‘Agency Law’ that regulates commercial agency and distribution agreements within the country. According to a statement released on Saturday by the UAE Cabinet General Secretariat, the amendments come within the framework to enhance the ...

ABU DHABI / WAM In line with the Abu Dhabi Department of Education and Knowledge (Adek), mandate to foster and grow a world-class academic research ecosystem in Abu Dhabi, Adek has announced that it has awarded over AED40 million in competitive funding to 54 successful research and development proposals. The seven key sectors are Life Sciences (Health, Food and Agriculture), ...

Bloomberg Chinese manufacturers offered the biggest support to the country’s economic stabilisation in the last three months of 2019, thanks to easing trade tensions and improving global demand. Output in industrial enterprises rose 5.9% from same period in 2018, National Bureau of Statistics said on Saturday, bouncing back from an almost decade-low of 5% in the prior quarter. Manufacturers, accounting ...

SHARJAH / WAM The Environment and Protected Areas Authority (EPAA), announced that the Geological Park in Al Buhais on the plains of Al Madam area will open on January 20, to introduce visitors and residents to the geological importance of Jebel Buhais and the surrounding areas. The park provides visitors with the opportunity to view exhibits in the halls and ...

Abu Dhabi / WAM The United Nations Educational, Scientific and Cultural Organisation (Unesco), granted the Abu Dhabi Music and Arts Foundation (ADMAF), ‘Official Relations’ status in recognition of the foundation’s pioneering role in enriching the cultural vision of the UAE. This new endeavour builds upon ADMAF’s longstanding relationship with Unesco and highlights both organisation’s alignment in safeguarding and nurturing global ...