Qatar Airways to let barred passengers on US flights

  DUBAI / Reuters Gulf carrier Qatar Airways will allow passengers barred from the United States by President Donald Trump’s executive order last week to resume boarding US-bound flights after a federal judge blocked the move, an airline spokeswoman said on Saturday. US Customs & Border Protection (CBP) has advised Qatar Airways it can board travellers from seven Muslim-majority countries ...

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Air France reopens USA flights

  PARIS / Reuters Air France said on Saturday it had reopened US-bound flights to passengers affected by President Donald Trump’s travel ban on nationals from seven Muslim-majority countries, after the executive order was temporarily suspended by a federal court. “Starting today we are implementing this court decision,” Air France spokesman Herve Erschler said. “Nationals from the countries concerned are ...

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Hudson’s Bay to hold early takeover talks with Macy’s

  Bloomberg Hudson’s Bay Co. is in early stage talks with Macy’s Inc. about a possible takeover of the struggling department-store chain, according to a person familiar with the matter. Discussions are preliminary, and a full takeover may not be the only option on the table, the person said, asking not to be identified as the details aren’t public. A ...

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Alibaba to lead $200mn investment for Paytm’s e-commerce unit

  Bloomberg China’s Alibaba Group Holding Ltd. will lead a $200 million round of investment in newly established Indian online retailer Paytm E-commerce Pvt, a person familiar with the matter said. The investment by Alibaba and private equity firm SAIF Partners values the company at $1.1 billion, said the person, who didn’t want to be identified talking about a private ...

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Amazon projects spending that concerns those watching profit

  Bloomberg Amazon.com Inc. will spend big in the coming months on warehouses, movies, gadgets and growth into India, renewing investor concerns that Chief Executive Officer Jeff Bezos cares more about generating revenue far in the future than turning a profit now. The company will double-down on its delivery system that gets products quickly into the hands of its customers. ...

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UK’s ‘loquacious’ cabbies

  London / DPA Sitting in a room full of maps, Paul Defendi and Tommy Bartram ask each other over and over again the quickest way from A to B. Trance-like, they recite the names of streets and check the length of routes with a piece of string. The pair are students at London’s Knowledge Point, where they’re studying to ...

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They can cross the border legally only as ‘dead’

  Tijuana / DPA Hector Barajas was 17 years old when he joined the US Army. Born in Mexico, he crossed the border illegally when he was just a child. He was able to join the military after obtaining legal residency in the United States. “When I enlisted they promised me that if I served the United States they would ...

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Biggest US asphalt plant to shut down

  Bloomberg Axeon Specialty Products LLC is shuttering the US largest asphalt refinery when the country might need it the most. The Stamford, Connecticut-based company announced last month it plans to close its Paulsboro, New Jersey, refinery, and convert it into a terminal. The planned shutdown comes as President Donald Trump has pledged to build new roads, highways and bridges ...

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Oil advances for third week as US imposes new Iran sanctions

  Bloomberg Oil capped a third weekly gain as the US imposed fresh sanctions on Iran after a missile test and OPEC reached about 60 percent of its output-cut target. Futures climbed 0.5 percent in New York. The new restrictions were announced as President Donald Trump seeks to punish Tehran for its ballistic missile program after warning the Islamic Republic ...

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Williams gets US nod for $3bn shale gas pipeline

  Bloomberg Williams Cos. won US approval to build its $3 billion Atlantic Sunrise natural gas pipeline expansion in the Northeast, ending a review that ran almost two years and forced delays in the project. The 200-mile (322-kilometer) pipeline will expand shipments from shale formations by enough to serve 7 million homes, according to Williams. The Federal Energy Regulatory Commission ...

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