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November 27, 2021

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Dubai to list ‘Salik’ road toll system on financial market

Reuters
DUBAI/CAIRO, Nov 14 (Reuters) – Dubai plans to list its “Salik” road toll system on the Dubai Financial Market, the emirates’s deputy ruler, Sheikh Maktoum Bin Mohammed, said on Twitter on Saturday. Dubai was taking the step to diversify the government companies that are listed on the market, he added.......

Boeing says in advanced talks to sell 777X freighters

Reuters
The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo DUBAI, Nov 13 (Reuters) – Boeing (BA.N) is in advanced discussions to sell a proposed new freighter version of its 777X passenger plane, a top......

Some financial backers bail on shipping companies as investors shun coal

Reuters
LONDON, Nov 12 (Reuters) – Shipping companies that transport the world’s coal are in the crosshairs of some financial backers who are cleaning up their businesses in the absence of a truly global drive by nations to renounce the dirtiest fossil fuel. In a sign of investors taking the initiative,......

From Boeing to Mercedes, a U.S. worker rebellion swells over vaccine mandates

Reuters
AUSTIN/SEATTLE, Nov 2 (Reuters) – In Wichita, Kansas, nearly half of the roughly 10,000 employees at aircraft companies Textron Inc (TXT.N) and Spirit AeroSystems (SPR.N) remain unvaccinated against COVID-19, risking their jobs in defiance of a federal mandate, according to a union official. “We’re going to lose a lot of......

SoftBank-backed Indian logistics startup Delhivery files for $997 mln IPO

Reuters
BENGALURU, Nov 2 (Reuters) – SoftBank Group (9984.T)-backed Indian logistics firm Delhivery has filed for an initial public offering of up to 74.6 billion rupees ($997.33 million), joining a long list of startups that have tapped the capital market this year. The filing comes on the heels of several public......

Wall Street closes at record but Facebook weighs

Reuters
GE rises on lifting 2021 earnings forecast UPS jumps as results beat on e-commerce demand Dow up 0.04%, S&P 500 up 0.18%, Nasdaq up 0.06% NEW YORK, Oct 26 (Reuters) – U.S. stock indexes closed modestly higher on Tuesday, with the Dow Industrials and S&P 500 hitting fresh records, and......

Airbus fends off growing revolt over jet output plans

Reuters
A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit Tessier PARIS/WASHINGTON, Oct 26 (Reuters) – Airbus (AIR.PA) was forced for the second time in as many days to defend sharp increases in production, after one its engine makers......

Oman Air seeks oneworld alliance membership

Reuters
DUBAI, Sept 26 (Reuters) – State-owned Oman Air announced on Sunday its intention to apply to join the oneworld global airline alliance and said it had asked fellow Gulf carrier and member Qatar Airways to help it. Oman Air said it had approached Qatar Airways, whose chief executive Akbar Al......

Greece tests drone drug delivery for remote regions

Reuters
TRIKALA, Greece, Sept 21 (Reuters) – Greece on Tuesday tested a drone to deliver medicines to isolated places in an environmentally friendly way, sending the unmanned vehicle to a 200-person village. The red drone with four rotor blades took off from the northwestern Greek city of Trikala and flew 3......

Prince Andrew is served sexual assault lawsuit in United States

Reuters
NEW YORK, Sept 21 (Reuters) – Britain’s Prince Andrew has been served with a sexual assault lawsuit in the United States by lawyers for a woman who says she was forced to have sex with him at the London home of a friend of convicted sex offender Jeffrey Epstein, court......

Dubai’s Aramex splits core businesses as part of reshuffle

Reuters
A delivery staff member wearing a protective mask prepares parcels in Aramex office amid the coronavirus disease (COVID-19) crisis, in Bethlehem in the Israeli-occupied West Bank July 19, 2020. REUTERS/Mussa Qawasma DUBAI, Sept 7 (Reuters) – Dubai-listed courier Aramex (ARMX.DU) said on Tuesday it had split its core businesses as......

EV startups hunt for low-cost roads to mass production

Reuters
BICESTER, England, Aug 17 (Reuters) – Electric car and van startups racing to become the next Tesla Inc (TSLA.O) all want to avoid Elon Musk’s journey through “manufacturing hell.” But electric vehicle firms such as UK van company Arrival SA (47K.F) and Fisker Inc (FSR.N) are taking very different roads......

DeFi platform Poly Network reports hacking, loses estimated $600 million

Reuters
A person wearing a balaclava is silhouetted as he poses with a laptop in front of a screen projected with the word ‘cyber’ and binary code, in this picture illustration taken in Zenica October 29, 2014. REUTERS/Dado Ruvic/File photo HONG KONG, Aug 11 (Reuters) – Poly Network, a decentralised finance......

Cathay Pacific posts narrower H1 loss as costs fall

Reuters
Reports loss of $973 mln in first six months Aided by cost-cutting measures, cargo demand Analysts expect improvement in H2 Aug 11 (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) on Wednesday posted a HK$7.57 billion ($973 million) first-half loss, narrower than the prior year’s HK$9.87 billion, due to......

Kim implodes with 13 on par-three hole at TPC Southwind

Reuters
Jul 31, 2021; Tokyo, Japan; Si Woo Kim (KOR) hits on the fourth hole during round three of the men’s individual stroke play of the Tokyo 2020 Olympic Summer Games at Kasumigaseki Country Club. Mandatory Credit: Kyle Terada-USA TODAY Sports Aug 8 (Reuters) – South Korea’s Kim Si-woo had a......

U.S. Postal Service finalizes plan to slow some mail deliveries

Reuters
WASHINGTON, Aug 6 (Reuters) – The U.S. Postal Service (USPS) on Friday finalized a plan effective Oct. 1 to slow down some first-class mail deliveries as part of efforts to cut red ink. Postmaster General Louis DeJoy proposed in March to revise existing one- to three-day service standards to one......

Global supply chains buckle as virus variant and disasters strike

Reuters
LONDON/BEIJING, July 23 (Reuters) – A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports. Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies,......

Cyber attack disrupts major South African port operations

Reuters
Container ships wait to load and offload goods in port during a 21-day nationwide lockdown aimed at limiting the spread of coronavirus disease (COVID-19) in Cape Town, South Africa, April 17, 2020. REUTERS/Mike Hutchings/File Photo JOHANNESBURG, July 22 (Reuters) – A cyber attack has disrupted container operations at the South......

EU climate plan pressures airlines to cut emissions

Reuters
A plane is seen during sunrise at the international airport in Munich, Germany, January 9, 2018. REUTERS/Michaela Rehle/File Photo BRUSSELS, July 14 (Reuters) – Airlines will lose a tax exemption for aviation fuel and must increase the use of bio-based alternatives while paying more for emissions under European Union proposals......

U.S. bans ticket sales for passenger flights to Belarus

Reuters
A Ryanair aircraft, which was carrying Belarusian opposition blogger and activist Roman Protasevich and diverted to Belarus, where authorities detained him, lands at Vilnius Airport in Vilnius, Lithuania May 23, 2021. REUTERS/Andrius Sytas WASHINGTON, June 29 (Reuters) – The United States on Tuesday banned ticket sales for air travel to......

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