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Nigeria mulls intervention to rescue Etisalat

Embattled Etisalat Nigeria, a telecom giant, may get respite as key institutions are reported to be finding a solution to its financial predicament. The company has not been able to meet its financial obligation to 10 consortium of banks,…
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Uber chief executive Kalanick resigns

Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on at the…
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Barclays charged with fraud in Qatar case

Barclays PLC and four former executives have been charged with conspiracy to commit fraud and the provision of unlawful financial assistance. The Serious Fraud Office charges come at the end of a five-year investigation and relate to the…
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Airbus unveils ‘more efficient’ A380 jumbo

Airbus has unveiled plans to upgrade the world's biggest passenger jet, promising greater fuel efficiency and room for more seats. The A380Plus, which was announced ahead of the Paris Airshow, will boast a new wing design intended to…
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RwandAir to fly to Brussels from July

RwandAir will begin non-stop flights to the Belgium capital from next month, the airline has said. The Rwandan flag carrier said it will fly its Airbus A330 planes three times a week from Kigali to Brussels directly from July 14, with a…
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