Business Industrials

  • DUBAI, Jan 23- Emirates' announcement on Monday that it would start flying to the United States with a stop for passengers in Greece sparked a strong reaction from a lobby group representing U.S. competitors who accused it of competing unfairly through state subsidies. Emirates was "flagrantly violating" the air services agreement that allows it to fly to the...

  • DUBAI, United Arab Emirates— The Middle East's biggest airline is launching a new daily service between Dubai and Newark that will stop in the Greek capital, Athens. Emirates' new route announced Monday is its second to include a stopover in Europe, a move that could reinvigorate opposition to the Dubai government-backed carrier's growing operations in the U.S.

  • Gulf carriers who spent years rapidly expanding into markets from South America to Africa are under pressure to adapt to weaker markets, overcapacity and a stronger dollar. The restructuring at Dubai- based Emirates involves moving employees into new positions that has seen staff both promoted and demoted, a spokeswoman said, adding that a "very small number"...

  • Dubai- based Emirates already operates four daily flights to John F. Kennedy International Airport in New York, including one with a stop off in Milan. "We look forward to briefing President-elect Donald Trump and his new administration on the massive, unfair subsidies that the UAE and Qatar give to their state-owned Gulf carriers," said Jill Zuckman, chief...

  • CHICAGO— United Airlines says six flights were cancelled and 200 more were delayed because of a computer problem that forced a ground stop for all domestic flights that lasted about 2 ½ hours Sunday. Company spokeswoman Maddie King calls the glitch an "IT issue." Chicago- based United Airlines and United Express operate more than 4,500 flights a day to 339...

  • Dubai- based Emirates already operates four daily flights to John F. Kennedy International Airport in New York, with a stop off in Milan. "We look forward to briefing President-elect Donald Trump and his new administration on the massive, unfair subsidies that the UAE and Qatar give to their state-owned Gulf carriers," said Jill Zuckman, chief spokesperson for the...

  • Jan 22- A computer problem forced United Airlines to ground all domestic flights for about an hour on Sunday evening, causing a cascade of delays and annoying customers throughout the United States. International flights were not affected, the Federal Aviation Administration said. United said it would waive change fees for passengers with a' travel waiver' but...

  • International flights were not affected, the Federal Aviation Administration said. "We are working as quickly as possible to resolve this issue and get out customers to their final destinations," a company spokeswoman Maddie King said in an emailed statement earlier. Last week, Air Canada and Toronto- based Porter Airlines also experienced brief glitches that...

  • Jan 22- United Airlines said it had grounded all domestic flights due to an "IT issue" on Sunday, company spokeswoman Maddie King said.

  • NEW YORK— United Airlines says domestic flights are on the move again after being grounded Sunday because of a computer problem. Company spokeswoman Maddie King says the "IT issue" that initially caused the ground stop has been resolved and flights are resuming, but customers may experience additional delays. Chicago- based United Airlines and United Express...

  • The park will be called Smoke on the Water, Grow Condos Chief Executive Officer Wayne Zallen said. The company is also working toward building a 48,000- square-foot commercial marijuana processing facility in Eugene. The project, called Nuggetville, was submitted to the city of Eugene in December.

  • A worker walks among rolls of semi-finished aluminum at the Alcoa aluminum factory

    Former materials and engineering heavyweight splits earnings into Arconic and Alcoa.

  • The deal will come after Iran, which had not directly purchased a Western-built plane in nearly 40 years, signed contracts with Europe's Airbus and U.S. rival Boeing last year to purchase about 180 jets. That became possible after an agreement between Iran and six major powers lifted most international sanctions imposed on Tehran, in exchange for Iran curbing...

  • TOULOUSE, Jan 20- A deal for Iran to buy 20 short-haul passenger aircraft from ATR should be signed imminently, the head of the European planemaker told Reuters on Friday. The deal will come after Iran, which had not directly purchased a Western-built plane in nearly 40 years, signed contracts with Europe's Airbus and U.S. rival Boeing last year to purchase about...

  • General Electric Chairman And Chief Executive Officer Jeffrey Immelt

    Shares of General Electric edged lower after the company reported mixed earnings results.

  • SINGAPORE, Jan 20- A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters, stoking their costs and extending the time it takes to transport goods such as Australian iron ore to key Asian destinations. The International Maritime Bureau's piracy reporting centre in Kuala Lumpur has also warned of the rising...

  • BEIJING, Jan 20- China's rail freight volume in December rose 9.8 percent from the same period last year to 315.79 million tonnes, the National Bureau of Statistics said on Friday. China's November rail freight volume rose 13.9 percent from a year earlier. Rail freight volume grew in August for the first time after falling for 31 consecutive months since...

  • **Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...

  • **Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...

  • *In May 2016, South Korea's Daewoo Engineering and Construction Co. announced it and Hyundai Engineering and Construction had agreed to build a $10 billion oil refinery on Iran's southern coast. The company developing the refinery, Bahman Geno, is owned by a Setad unit, Tadbir Energy. A Bahman Geno official said the sides are still conducting negotiations.