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  Bloomberg The torrid advance in riskier assets eased, with US equities slipped from records after the longest rally in three years and Treasuries rising for the first time in six days. Equity benchmarks slipped from records attained amid optimism that the economy is growing fast enough to withstand higher interest rates. Data on Thursday did little to alter that ...

  Bloomberg Air France-KLM Group reported a 35 percent earnings increase for 2016 and said it will boost passenger capacity this year in an effort to win back the initiative in the lucrative long-haul market. Operating profit increased to 1.05 billion euros ($1.1 billion) from 780 million euros in 2015, helped by a lower fuel bill and productivity gains at ...

  Bloomberg India is reviving a three-decade-old plan to build its first passenger aircraft as the South Asian country struggles to join an exclusive club of Asian nations that have advanced far ahead in creating their own home-made jets. A 14-seat aircraft, called Saras, is undergoing preliminary tests, Jitendra Jadhav, director of Council of Scientific and Industrial Research at state-controlled ...

  AP Production workers at Boeing’s South Carolina plant have rejected an effort to unionize, maintaining Southern reluctance toward unionization and setting up a picture-perfect stop for President Donald Trump, who visits the facilities this week. Vote totals weren’t immediately available, but the International Association of Machinists and Aerospace Workers’ lead organizer said it’s “the workers who dictate what happens ...

  Bloomberg Austria is seeking as much as 1.1 billion euros ($1.16 billion) from Eurofighter Jagdflugzeug GmbH and its main shareholder, Airbus Group SE, after a probe concluded the companies deceived the government in a 2003 purchase of fighter jets. The Austrian Defense Ministry’s five-year investigation into the 1.96 billion-euro contract found that Eurofighter knew it wouldn’t be able supply ...

  Sharjah / Emirates Business The Sharjah Commerce and Tourism Development Authority (SCTDA) is leading a delegation of Sharjah-based tourism and hospitality organisations to the 23rd edition of the SATTE travel trade show, taking place in Pragati Maidan, New Delhi, India, from February 15-17. This marks the Authority’s first participation in the SATTE exhibition. SATTE is South Asia’s largest travel ...

  Dubai / Emirates Business Gulf Craft is preparing to make a lasting impression at the upcoming Dubai International Boat Show, as the shipyard plans to commemorate 35 years of yacht and boat building excellence with the largest showcase it has ever presented at the region’s premier marine luxury, leisure, and lifestyle event. The industry trailblazer will be featuring an ...

  ABU DHABI / Emirates Business Residents of the UAE can now enroll for biometrics and submit their applications for visas to Denmark at the Visa Application Centres launched by the Royal Danish Embassy in Abu Dhabi and the Royal Danish Consulate General in Dubai. The UAE is the fourth country in the Middle East and 33rdcountry globally, where dedicated ...

  Dubai / Emirates Business Emirates Modern Poultry Co., also known as Al Rawdah, posted 8-10% growth through 2016 despite economic headwinds. The firm continued expanding its mandate of delivering food security for the UAE through local production, exceptional rearing standards, and state of the art machinery. The year saw Al Rawdah kicked off an AED 20million expansion of its ...

  Sharjah / Emirates Business Hundreds of UAE Nationals have been flocking to the Sharjah Department of Statistics and Community Development’s (DSCD)’s stand at the National Career Exhibition 2017 to register their interest for employment with the government body. Taking place at Expo Centre Sharjah and concluding on Friday, the exhibition has seen the participation of more than 70 government ...