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Emirates profit rises despite Mideast tensions, oil price

LONDON (AP) — Airline group Emirates says its half-year profit and revenue rose as business steadily grew despite geopolitical tensions in the Middle East. The Dubai-based company said its net profit rose 77 percent to 2.3 billion dirhams ($631 million) in the six months through September. Revenue rose 6 percent to

UPS throws weight behind setting blockchain standards for freight industry

UPS, exploring blockchain applications UPS and its subsidiary Coyote Logistics have joined the Blockchain in Trucking Alliance (BiTA), throwing their considerable weight behind the development of blockchain technology standards and education for the freight industry. Before blockchain becomes a standard industry tool, the logistics industry will have to adopt standards and protocols

Uber bullish on Africa despite opposition from local taxi firms

Janet Kemboi, Uber East Africa Spokesperson. File Photo | NMG CAPE TOWN (Reuters) - Ride-hailing service Uber Technologies Inc. is growing rapidly in sub-Saharan Africa and considering moves into more markets, despite sometimes violent opposition from metered taxi drivers, a senior executive said on Tuesday. Uber’s service has triggered protests by rivals

AF-KLM says third-quarter cargo gains are evidence of ‘cargo turnaround’

AF-KLM says cargo revenues up 1.2 percent to €493 million Air France-KLM’s self-described “cargo turnaround” seems to have finally pushed the carrier’s third-quarter results back into the black, with total cargo revenues up 1.2 percent to €493 million. Across a longer timeline, however, year-to-date cargo statistics at the carrier still indicate

Brazil Becomes Uber’s Latest Regulatory Battleground

Uber drivers in Brasília, the capital, celebrated on Tuesday after Brazil’s Senate watered down a regulatory bill SÃO PAULO, Brazil (NYT)— A few weeks after being banned in London, Uber, the titan of ride-sharing services, is waging a new high-stakes regulatory fight in Brazil, the company’s second-largest market. Brazilian lawmakers last week moved

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