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BLOOMBERG Global equity markets struggled for direction as traders parsed the latest commentary from central bankers for clues on the path for interest rates.  At the start of another busy week of earnings, Heineken NV slumped as much as 6.4% after the Dutch brewer reduced its earnings forecast. Apple Inc and Amazon.com Inc are among companies reporting in the coming ...

SHARJAH/WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Emiri Decree No. (52) of 2023 to form the Sharjah Media Council (SMC). According to the Decree, the SMC will be chaired by H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, and will include the following members: ...

ABU DHABI/WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, on Sunday received Bilawal Bhutto Zardari, Minister of Foreign Affairs of the Islamic Republic of Pakistan, at the headquarters of the Ministry of Foreign Affairs in Abu Dhabi. During the meeting, Zardari expressed his sincere condolences and sympathy over the passing of Sheikh Saeed bin Zayed Al ...

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received two phone calls from Azali Assoumani, President of the Union of the Comoros, and George Manneh Weah, President of the Republic of Liberia, who offered condolences on the passing of Sheikh Saeed bin Zayed Al Nahyan. The two leaders expressed their sincere condolences and sympathy to His Highness and ...

BLOOMBERG Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings Inc, because of a combination of high price demands from some investors and a weak market for deals, Chief Executive Officer Jitse Groen said. “We’re talking to buyers still, but it’s a very difficult M&A situation currently,” Groen said in an ...

BLOOMBERG London’s Gatwick Airport escaped a strike that was due to take place over the weekend after more workers agreed to an improved pay offer. Ground handlers working for four companies at Gatwick were set to walk off on two successive weekends starting July 28 and August 4 after failed negotiations over pay and working conditions. The Unite union said ...

BLOOMBERG The UK’s Civil Aviation Authority (CAA) has taken enforcement action against Wizz Air Holdings Plc after many passengers complained about the carrier failing to reimburse them for delayed or cancelled flights. The Hungarian-based airline has committed to making policy changes to ensure it is compliant with passenger rights obligations, the CAA said. Customers whose claims were incorrectly rejected by ...

BLOOMBERG Deutsche Lufthansa AG is fighting a landmark ruling that toppled the European Union’s approval for its €6 billion ($6.6 billion) German recapitalisation at the height of the Covid-19 pandemic. Europe’s biggest network carrier said it filed an appeal at the EU Court of Justice against the May 10 judgment by a lower tribunal, which backed claims by Ryanair Holdings ...

BLOOMBERG US aviation regulators announced two new steps to tighten the process of approving airliner designs, actions required by Congress after crashes on Boeing Co 737 Max aircraft killed 346 in 2018 and 2019. The Federal Aviation Administration’s (FAA) policy changes will take effect in 30 days after the public and industry have a chance to comment on them, the ...

DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, highlighted the importance of collective action and collective finance to strengthen sustainable development and called upon G20 countries to fulfil their commitment to providing the pledged financial support for global climate initiatives. Almheiri addressed the G20 Environment and Climate Sustainability Ministerial Meeting in Chennai, India, where ...