MANILA / AP Libya’s eastern-based military commander Khalifa Haftar launched an assault by land, air and sea on Tuesday to retake two of the country’s key oil terminals, as fighting threatens to escalate in the holder of Africa’s largest crude reserves. Fighters were deployed near Ras Lanuf and Es Sider, according to three military sources who asked not to ...
Read More »Pirates hijack freighter off Somalia’s coast
MOGADISHU V/ AP Pirates have hijacked an oil tanker off the coast of Somalia, local officials and an expert said on Tuesday, the first such seizure of a large commercial vessel on the crucial global trade route since 2012. The reported seizure on Monday of the Aris 13 came as a surprise to the global shipping industry as patrols ...
Read More »Etihad benefits from Abu Dhabi border post amid travel ban
Bloomberg A US border post in Abu Dhabi has handed local carrier Etihad Airways an advantage over its Gulf rivals following President Donald Trump’s moves to curb immigration from a clutch of mainly Muslim countries. The so-called pre-clearance facility means that travellers from the affected nations who think they qualify for entry can have their paperwork processed before leaving ...
Read More »Two US airlines to quit flying to Cuba
Bloomberg US airlines that rushed into Cuba last year knew the going would be tough. But it’s turned out to be such an unexpected financial slog that two carriers are now quitting the island. On Monday, Frontier Airlines Holdings Inc. and Silver Airways Corp. announced plans to drop service entirely. Citing a 300 percent surge in airline capacity, Silver ...
Read More »Etihad Cargo boosts freighter fleet with 10th aircraft
Abu Dhabi / Emirates Business Etihad Cargo has taken delivery of its 10th freighter further boosting Etihad Airways’ fastest growing division. The addition of an A330F takes its Airbus freighter fleet to five, joining five Boeing 777 freighters that collectively serve 42 destinations worldwide. The delivery follows 12 months of sustained growth for the carrier, which launched 10 new ...
Read More »US airlines cancel NYC service as storms erase 5,570 flights
Bloomberg Three of the nation’s biggest airlines canceled all flights to the three major New York City-area airports on Tuesday as carriers grounded more than 5,570 trips ahead of a winter storm that threatens to batter the U.S. Northeast. The New York area was under a blizzard warning with snowfall of as much as 20 inches (51 centimeters) and ...
Read More »TAG Heuer forecasts higher 2017 sales
Bloomberg TAG Heuer, a Swiss watch brand that has bucked the industry’s slump, expects to build on last year’s double-digit sales growth in 2017, supported by an upgraded smartwatch and healthier demand in China, the biggest market for luxury timepieces. Chief Executive Officer Jean-Claude Biver said on Tuesday his “cautious†forecast is for TAG Heuer’s sales to rise 8 ...
Read More »Berlin Airport union attacks Ryanair for ‘strikebreaking’ tactic
Bloomberg Striking Berlin airport workers may cease giving notice of walkouts after Ryanair Holdings Plc began using its own ground staff to help maintain services from the German capital. The tactic of bringing in foreign ‘strikebreakers’ poses a security threat because the Ryanair employees are being granted so-called air-side access without sufficient checks, the Ver.di union said on Tuesday. ...
Read More »Hidden beneath paint!
CATSKILL, NY / AP Not only did Thomas Cole paint the lush mountain landscapes that inspired the Hudson River School art movement of the 19th century, he also painted on the walls of his home. Lost beneath layers of paint for more than a century, the patterned borders below the ceilings were rediscovered several years ago and are now ...
Read More »Engie eyes bid for $19.8bn German green utility Innogy
Bloomberg Engie SA is considering an offer for German renewable-energy utility Innogy SE as its majority owner RWE AG weighs strategic options, people familiar with the matter said. The former French natural-gas monopoly is speaking to advisers and hasn’t made a final decision about whether to proceed, the people said, asking not to be identified because the deliberations are ...
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