Workers arrive at Jaguar Land Rover’s Halewood Plant in Liverpool, Britain. Reuters
Euro zone stocks surged on Wednesday as investors piled into firms with big dividends on hopes European Central Bank chief nominee Christine Lagarde will maintain the ECB’s dovish stance, while Italian shares jumped over 2% on avoiding a EU sanction threat. The blue-chip eurozone STOXX index
PARIS: Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half. Europe’s largest aerospace group said second-quarter adjusted
Fast-growing insurer FWD is seeking to launch operations in China ahead of any initial public offering (IPO) and plans to bolster its non-life business in Asia, its chief executive said, as a potential shake-up looms in the region’s insurance sector. FWD, controlled by Richard Li, the entrepreneur and son of
ZURICH: ABB is pressing ahead with a review of its underperforming businesses and expects a customer slowdown and China-US trade tensions to mean a turbulent year, its Chairman and interim Chief Executive Peter Voser told Reuters. The Swiss engineering company is in a “heavy-lifting phase”, Voser said, completing the separation
Medical tourism sales in the UAE increased 5.5 per cent year-over-year to reach Dhs12.1 billion in 2018 with growth supported by a number of government-led initiatives and the rising number of medical tourists in the country,
Travel is expected to reach an all-time high in the upcoming weeks for Emirates Airlines, as the carrier expects yet another busy period with travellers arriving into Dubai after the summer holidays and Eid breaks.
The Dubai Electricity and Water Authority’s (Dewa’s) Water, Energy, Technology, and Environment Exhibition (WETEX) 2019 is an opportunity for green solution suppliers and providers, investors, and decision-makers