Etihad Airways launches ‘fly now pay later’ scheme

The UAE’s flag carrier Etihad Airways has launched a ‘fly now and pay later’ scheme which provides people an option of paying the ticket fare in monthly instalments, the airline said. The Abu Dhabi-based airline said the initiative is designed to allow families to book flights with convenience as payment…

Thousands sign Uber petition in London

Some 400,000 people have signed a petition urging Transport for London (TfL) to reverse its decision not to renew Uber’s licence, the media reported on Saturday. On Friday, the regulator said Uber was not “fit and proper” to hold a London private hire operator licence on the grounds of “public…

Dr Reddy’s Lab Gets EIR For 2 Facilities, Shares Jump 7%

New Delhi: Drug firm Dr Reddy’s Laboratories today said it has received establishment inspection report (EIR) from the US health regulator for a unit of its Srikakulam plant in Andhra Pradesh, following which its shares jumped as much as 7 per cent to Rs. 2,490 on National Stock Exchange. The…

Dr Reddy’s Lab Gets EIR For 2 Facilities, Shares Jump 7%

New Delhi: Drug firm Dr Reddy’s Laboratories today said it has received establishment inspection report (EIR) from the US health regulator for a unit of its Srikakulam plant in Andhra Pradesh, following which its shares jumped as much as 7 per cent to Rs. 2,490 on National Stock Exchange. The…

Fed’s ‘Great Unwinding’ Lifts Dollar, Yields And Bank Stocks

London: Signals the Federal Reserve will hike U.S. interest rates again this year and begin the ‘Great Unwinding’ of a decade of aggressive stimulus, drove the dollar to a two-month high versus the yen on Thursday and sent bonds and commodities lower. Traders reacted predictably to what had been a…

Nikkei Probes More Than 2-year Highs As Yen Eases

Tokyo: Japan’s Nikkei share average rose on Thursday, boosted by gains on Wall Street and a weaker yen after the Federal Reserve signalled it still expects to raise interest rates one more time this year. The Nikkei was up 0.8 percent at the end of morning trading at 20,479.88 points,…