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☆ Dubai Airports investing in capacity and service quality, CEO says
▼ + stars: | 2024-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDubai Airports investing in capacity and service quality, CEO saysDubai Airports CEO Paul Griffiths discusses the impact of the aviation sector on Dubai's economy.

Persons: Paul Griffiths Organizations: Email Dubai, Dubai

☆ Maurizio Cattelan’s viral banana artwork ‘Comedian’ could now be worth $1.5 million
▼ + stars: | 2024-10-25 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

But artist Maurizio Cattelan’s viral creation, titled “Comedian,” may yet prove a sound investment: On Friday, auction house Sotheby’s announced that one of the artwork’s three “editions” is going back on sale — this time with an estimate of $1 million to $1.5 million. “‘Comedian’ is a conceptual artwork, and the actual physical materials are replaced with every installation,” an auction spokesperson said via email. The Miami installation was eventually removed amid public safety concerns, but all three editions were sold at the fair. In interviews given since the Miami installation, Cattelan has described “Comedian” as a work of commentary. An installation shot of "Comedian" released by Sotheby's auction house ahead of the sale.

Persons: Maurizio Cattelan’s, ”, Sotheby’s, “, ’, Marcel Duchamp’s, David Datuna, David Galperin, ” Galperin Organizations: CNN, Art Basel Miami Beach, Guggenheim, Art Newspaper, Leeum Museum of Art, Seoul National University Locations: Miami, New York, Americas, Seoul, South Korea, York, London, Paris, Milan, Hong Kong, Dubai, Taipei, Tokyo, Los Angeles

But it may allow Russia to reorganize and push forward, and if it works North Korea can send more. Russian Foreign Ministry spokesperson Maria Zakharova said Wednesday that the reports of North Korea sending soldiers to Russia was “fake and hype,” local media reported. "I am very concerned," James Stavridis, a retired U.S. Navy admiral and the former supreme commander of NATO forces, told MSNBC yesterday. And if a North Korean soldier is killed with NATO weapons how does the often unpredictable Kim respond? This week South Korea summoned the Russian ambassador, seeking the “immediate withdrawal” of North Korean troops from Russia.

Persons: Maria Zakharova, James Stavridis, Kim, Georgiy Zinoviev, South, Kim Hong, Putin, Xi, Pezeshkian, Mauro Vieira Organizations: North, Russian Foreign, U.S . Navy, NATO, MSNBC, NBC News Locations: Ukraine, Russia, North Korea, Korea, U.S, Ukrainian, Asia, North Korean, Russian, Seoul, Brazil, Egypt, UAE, India, United States, Kazan

☆ The world’s best bars for 2024 announced
▼ + stars: | 2024-10-23 | by ( Lilit Marcus | ) edition.cnn.com time to read: +4 min

CNN —A two-level speakeasy in Mexico City’s hip Colonia Juarez neighborhood has been proclaimed the world’s best bar. Handshake Speakeasy clinched the title last night in Madrid, where a splashy awards ceremony was held by the World’s 50 Best association. The World’s 50 Best voters are a mix of industry professionals, including bartenders and food and drink writers. Named after a classic Japanese hairstyle, it was ranked the Best Bar in the Middle East and Africa this year. I also know it’s impossible to have everyone deserving of a place, mentioned on this list, so just keep doing the great things you are doing!”The world’s 50 best bars for 2024

Persons: Speakeasy, Hong Kong’s, ”, Barcelona’s, Singapore’s, Mimi Kakushi, Iain McPherson, Edinburgh’s, . McPherson, “ Congrats Organizations: CNN, El, Pony, Travelers, Mexico City, ., Scotland Locations: Mexico, Colonia Juarez, Madrid, Hong Kong’s Italian, Asia, London, Athens, Tokyo, Sydney, Lima, Shinjuku, Singapore, Rosewood, Connaught, Mayfair, Dubai, East, Africa, New York City, Buenos Aires

KAZAN, Russia — Almost 700 miles east of Russia's war in Ukraine, the city of Kazan is a safe enough distance for President Vladimir Putin to try and reposition himself as an international ambassador. The countries gathering for the BRICS summit, where Gavrilov is helping to chaperone delegates, share a similar mix of apparently contradictory views. Russia and Iranian protocol teams huddled together in a Kazan hotel Sunday planning the arrival of Iran’s President Masoud Pezeshkian. Russian President Vladimir Putin and UAE President Sheikh Mohammed bin Zayed Al Nahyan sign a wall at newly opened education center in Moscow on Monday. While Ukraine is a “long, long way away, the modern ballistic missile can very easily come here,” Gavrilov said.

Persons: Vladimir Putin, Putin, Islam Gavrilov, Sergei Gavrilov, “, Gavrilov, ”, didn’t, —, it’s, Masoud Pezeshkian, Sheikh Mohammed bin Zayed Al Nahyan, Mikhail Metzel, Sheikh Abdullah bin Zayed Al Nahyan, Recep Tayyip Erdogan, Prince Mohammed bin Salman, Prince Faisal bin Farhan, Luiz Inácio Lula da Silva, they’ve, ” David Lubin, you’re, ” Gavrilov, Keir Simmons, Natasha Lebedeva, Freddie Clayton Organizations: NBC, NASA, Harvard University, The, Putin, United Arab, European Union, Kremlin, Wednesday, Saudi Arabia’s Crown, Chatham House, NBC News, Inside Locations: KAZAN, Russia, Ukraine, Kazan, Kremlin, United States, Moscow, America, U.S, — Brazil, India, China, South Africa, Egypt, Ethiopia, Iran, United Arab Emirates, UAE, London, Russian, Yelabuga, Nizhnekamsk, “

☆ He's British, she's Australian. Here's their trick to traveling 10,000 miles — with kids in tow
▼ + stars: | 2024-10-22 | by ( Marylou Costa | ) www.cnbc.com time to read: +5 min

Stopover: Seoul, South KoreaPros: Seoul's street food, kid-friendly Korean Air The cinema-themed Hotel28 provides popcorn and gift packs for kids on arrival. Source: MaryLou CostaGetting to Seoul was a cinch on Korean Air, which lets parents pre-book kids' meals like pizza, hot dogs and barbecue chicken. If there's no connecting flight to your destination on the day itself, Korean Air includes a free night's stay at the five-star Grand Hyatt Incheon. Korean Air offered us a free new flight to Australia — a week later. We took a 1.5-hour flight to the beach town of Krabi, where we spent a week at the ShellSea Krabi resort.

Persons: MaryLou Costa, Costa, Grand, Krabi Organizations: London, South Korea, Korean Air, Korean, Grand Hyatt Incheon, Australia —, Don Mueang International, United Arab Emirates, Pricey, Dubai Aquarium Locations: Ingham, Australia, Queensland, Europe, United Kingdom, Seoul, South, Myeongdong, South Korea, London, Bangkok, Thailand, Brisbane, Krabi, Dubai, United, Burj, Pricey Dubai, Aquaventure, Burj Khalifa, Singapore

☆ Super-thin skyscraper, just one apartment wide, planned for Dubai
▼ + stars: | 2024-10-22 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +3 min

CNN —A super-narrow skyscraper, measuring no more than a single apartment across, is being planned for Dubai. A side view of the Muraba Veil from the canal. Courtesy RCR Arquitectes/MurabaThe striking tower will be built next to a canal by Dubai’s main transport artery, Sheikh Zayed Road. It is the fifth collaboration between Muraba and RCR Arquitectes, which expect the Muraba Veil to be complete by December 2028. An "oasis" will be "hidden beneath a vast dune-like carapace at the foot of the tower," according to a press release.

Persons: Sheikh Zayed, RCR Arquitectes, RCR, “, Rafael Aranda, Dubai’s Organizations: CNN, United, Burj Locations: Dubai, United Arab Emirates, Spanish, Muraba, Burj

Karnal, India CNN —The sun blisters the arid ground in Karnal, a district in India’s northern Haryana state, where empty houses stand testament to an acute problem that’s driving some residents to take unimaginable risks. Ankit Chaudhary says he paid an agent to help him take the 'donkey route' into the US but lost his money. His account matched that of another smuggling agent CNN spoke to in Haryana. But even if Trump wins the November election, smugglers CNN spoke to in India predict an eventual revival of the “donkey” route. “In my opinion the donkey route will never completely stop,” said the first agent.

Persons: ”, Ankit Chaudhary, ” Chaudhary, Narendra Modi, “ Viskit, ” Modi, “, Bharat, Chaudhary, Rajeev Kumar, Malkeet, ” Kumar, Young, Muzaffar Chishti, ” Chishti, ” Ankush Malik, Malik, They’ve, Chishti, ‘, ’, Frederic J . Brown, CNN's Ivan Watson he's, Trump, we’re, ” Trump, Kamala Harris, Gary Coronado, ’ Kumar, Kumar Organizations: India CNN, USA, CNN, US, Pew, India’s Ministry of Labour, Employment, Panama City, International Labour Organization, Migration, Institute, Biden, YouTube, Customs, Border Protection, Justice Department, Biden Administration, Border Patrol, Migrants, Getty, White, Democratic, Trump, Immigrants, Border, Los Angeles Times, El Locations: Karnal, India, India’s, Haryana, United States, Latin America, Mexico, El Salvador, Mator, Kaithal, New Delhi, Dubai, Almaty, Kazakhstan, Turkey, Istanbul, Panama, San Salvador, Guatemala, New York, Qatar, Amsterdam, Springs , California, AFP, San Diego, South Asia, September’s

☆ An airport sick of cars clogging its drop-off zone imposed a 3-minute cap on hugs
▼ + stars: | 2024-10-21 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +3 min

Dunedin Airport has limited farewell hugs to three minutes at its dropoff zone. Dan De Bono, Dunedin Airport's chief executive, said the new rule had caused some controversy. Dunedin Airport in New Zealand's South Island erected a sign reading: "Max hug time three minutes. According to its 2023 annual report, Dunedin Airport was the fifth-busiest airport in New Zealand, with 920,349 passengers that year. Last year, parking revenue at Columbia was 20% higher than airline revenue, the publication said.

Persons: Dan De Bono, —, Max, Dan de Bono, Bono, De Bono, Kim Crafton, Atlanta's, Rod Dennis Organizations: Dunedin Airport, New, Dunedin Airport's, Service, Dunedin, Radio New Zealand, Columbia Metropolitan Airport, Wall Street Journal, Columbia, The Times, Stansted —, Atlanta's Hartsfield, Jackson, Dubai International, RAC Locations: Dunedin, New Zealand, New, South Carolina, Heathrow, Gatwick, Manchester, Dubai

☆ Emirates has placed a fresh order for Boeing freight planes, just days after its chairman criticized ongoing delivery delays
▼ + stars: | 2024-10-21 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

Emirates has ordered five Boeing 777 freighters, eventually expanding its fleet to 21 of the planes. The order comes days after Emirates' boss criticized a fresh delay to Boeing's new passenger jet, the 777X. AdvertisementEmirates has announced a fresh order for Boeing 777 freight planes, just days after its chairman publicly criticized the embattled planemaker. Emirates is one of Boeing's biggest customers, so a fresh order of Boeing planes is not unusual. Emirates' Sir Tim Clark criticized the latest delays to the Boeing 777X last week.

Persons: —, Sheikh Ahmed bin Saeed Al Maktoum, Tim Clark, Sir Tim Clark, BRENDAN SMIALOWSKI, Clark Organizations: Emirates, Boeing, Service, Emirates Airline and Group, Getty, Al, Al Maktoum International, Business Insider Locations: Dubai, Emirates, AFP, Al Maktoum

☆ AI and robots take center stage at ‘world’s largest tech event’
▼ + stars: | 2024-10-21 | by ( Yara Enany | ) edition.cnn.com time to read: +3 min

CNN —A year after Collins Dictionary named “AI” its word of the year, the buzz around artificial intelligence is only getting louder. AI and robotics were the big themes at Gitex Global, which bills itself as the world’s largest tech event and ran Monday to Friday last week at Dubai’s World Trade Centre. “I think what (was) very exciting this year (was) the focus on AI and deep tech,” said Trixie LohMirmand, executive vice president of Dubai World Trade Centre and CEO at KAOUN International, which organizes the event. Several companies launched new products at this year’s show, including Dubai-based deep tech company Xpanceo, which debuted the new prototypes of its smart contact lenses. A prototype of an Xpanceo contact lens at Dubai's Gitex.

Persons: ”, Trixie LohMirmand, Patrick Dennis, hasn’t, Gitex, “ Organizations: CNN, Collins, Trade, Dubai World Trade Centre, KAOUN, Avaya, Gulf Computer, United Arab Locations: Dubai, United Arab Emirates, Germany, Singapore, Morocco, South Korea, Nigeria

☆ Experts emphasize the importance of humility and adaptability as AI changes the job market
▼ + stars: | 2024-10-17 | by ( Dan Murphy | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExperts emphasize the importance of humility and adaptability as AI changes the job marketCNBC's Dan Murphy speaks to experts at the World Economic Forum in Dubai about how AI will shape the future of jobs.

Persons: Dan Murphy Organizations: Economic Locations: Dubai

GIZA, Egypt — Even before it opened 12 enormous galleries containing priceless artifacts this week, the Grand Egyptian Museum looked to be making history. Egypt is finally allowing the public to view some of the 700,000 years' worth of antiquities devoted to four eras of history on a plot the size of 80 football fields, a project delayed for nearly two decades by war, an armed uprising and the pandemic. Only a section of the museum covering over 5 million square feet opened Wednesday, with the rest of the facility to be inaugurated when authorities deem the time is right. When it is opened fully, it will be the largest museum dedicated to a single civilization. The six-story Grand Staircase with a view of the pyramids and an atrium containing monuments, pharaonic statues and sarcophagi opened in November.

Organizations: Grand Egyptian Locations: GIZA, Egypt

The UAE has shown it can “guarantee the safety and the security” of chips “if and when they are being deployed and used here,” Peng Xiao, CEO of UAE AI firm G42, told CNBC at a conference in Dubai on Tuesday. “I cannot read the mind of the U.S. policymakers, but in many ways, I understand their position,” Xiao told CNBC. “At the same time from our side, we've shown from the UAE side how transparent we are and how we can guarantee the safety and the security of this technology,” he added. The United States has previously warned over G42's ties to China and its work with companies in Beijing, which Washington considers a possible security threat. In February, the group sold its stake in Chinese companies including Bytedance in a bid to reassure American partners.

Persons: ” Peng Xiao, Joe Biden, “, ” Xiao, Kiril Evtimov, Evtimov Organizations: United, United Arab Emirates ’, CNBC, Nvidia, AMD, Bloomberg, “, Washington, Bytedance Locations: United Arab, U.S, Washington, UAE, Dubai, China, United States, Beijing

☆ UK's ultra-rich non-doms urge Italian-style tax regime to prevent wealth exodus
▼ + stars: | 2024-10-16 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

Mike Kemp | In Pictures | Getty ImagesLONDON — Britain's ultra-rich non-doms are urging the government to introduce an Italian-style flat-tax regime to prevent a wealth exodus, as their preferential status comes under threat in the upcoming budget. That differs from Italy's regime, which charges a recently doubled rate of 200,000 euros per year regardless of wealth bracket. Non-doms move their moneyReeves had previously said that scrapping the program could generate £2.6 billion ($3.38 billion) for the Treasury over the course of the next government. We need to understand that we need people to be investing here, to create the jobs, wealth, prosperity that we want. Labour courts wealth creatorsThe Labour government has said it is determined to address unfairness in the tax system, pledging in its election manifesto to close non-dom tax loopholes.

Persons: Mike Kemp, Leslie MacLeod Miller, Rachel Reeves, Reeves, Alex Stewart, doms, Sadiq Khan, MacLeod Miller, Dominic Lawrance, Charles Russell Speechlys, Keir Starmer Organizations: Porsche, GTS, Chanel, Bond, Investors, Britain, Oxford Economics, Foreign Investors, CNBC, Labour Party, Treasury, FIFB, Oxford, Labour, Labour's, Investment Locations: London, United Kingdom, IHT, Italy, Switzerland, Dubai, Westbourne, Bayswater, Royal Oak

☆ How the world’s largest tech event is forging a future AI economy
▼ + stars: | 2024-10-15 | by ( ) edition.cnn.com time to read: +6 min

A next generation agendaGITEX GLOBAL will span 40 halls across two locations, bringing together the entire international technology community to set the global agenda for the future AI economy. With the global AI market projected to reach $2.7 trillion by 2032, the event will showcase the latest advancements driving this remarkable growth. GITEX GLOBAL 2024 AGENDA MONDAY: TECH INVESTMENT DAY - Explore the latest investment trends that are reshaping global wealth. In addition, the World Future Economy Digital Leaders Summit will see global innovators and influential leaders address critical priorities shaping the future of technology. By bringing together diverse stakeholders from across the globe, the event is poised to shape the future of the AI economy and reinforce Dubai’s vision of becoming a global tech hub.

Persons: Martin Pfeiffer, Fabrizio del Maffeo, Alexander Zhavoronkov, Dr, Diane Janosek, Brett Johnson, Ekaterina Serban, Surinder Organizations: Dubai World Trade, Dubai Harbour, TECH, Tech, Google, Huawei, IBM, Microsoft, Nvidia, Oracle, European NVIDIA, ”, InSilico, supercomputing, UAE Cybersecurity Council, TCB, National Security Agency, Pentagon, Bosch, Paramount Locations: Dubai, European, Hong Kong

☆ Delivery Hero vs. Just Eat? One has 60% upside in a 'winner-takes-all' market, says Stifel
▼ + stars: | 2024-10-15 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Berlin-based Delivery Hero and Dutch multinational Just Eat Takeaway are two companies at the center of the ruthless online food delivery sector. Over the past decade, Delivery Hero has accumulated net losses of 9.6 billion euros ($10.47 billion) , while Just Eat Takeaway has racked up 7.1 billion euros in losses. Delivery Hero wins? The investment bank is particularly bullish on Delivery Hero, initiating coverage with a "Buy" rating and a price target of 60 euros, implying a potential upside of 60%. Meanwhile, Just Eat Takeaway (TKWY) has a "Hold" rating from Stifel, with a 17% upside potential on the current share price.

Persons: Stifel, Benjamin Kohnke, Uber, Stifel's Kohnke, Kohnke, — CNBC's Michael Bloom Organizations: Investment, Dubai Financial, Deutsche Bank, RBC Locations: Berlin, U.S, Europe, Dubai, Northern Europe

☆ Can these ultra-exclusive luxury destinations help extend your life? They’d certainly like to try
▼ + stars: | 2024-10-14 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +13 min

Or residents can indulge in hyperbaric treatments, breathing in 100% oxygen in a pressurized chamber which has shown promising anti-aging results. Ice plunges and saunas in renderings of the 122-story Six Senses Residences in Dubai, due to be completed in 2028. This year, a new offering by Equinox includes biomarker testing and customized coaching for fitness, nutrition and recovery. A quest for peak performanceContinuum Club, located in New York City, takes a similar approach to health with the help of AI. Paul Bundy“(Can) you ski longer, hike faster, push the human potential and boundaries within recreational modalities?” Zhang posed.

Persons: ”, Kevin Cavaco, Harley Pasternak, Kim Kardashian, Lady Gaga, Halle Berry, he’s, I’ve, Bryan Johnson, —, ’ biometrics, Tom Wingert, Brian Berkowitz, We’ll, “, we’re, ‘, what’s, Wingert, Matthew McConaughey, Ken Hayden, Christian Davies, Davies, Covid, Priya Mrinal, Woods Bagot, Reed Hastings, Jenny Holzer, James Turrell, Arthur Jafa, Paul Bundy, Alex Zhang, Paul Bundy “, Zhang, We’re, Pasternak Organizations: CNN, Dubai Marina, Dubai, Apple, Equinox, Continuum, Continuum Club, Netflix Locations: Dubai, Prairie, Switzerland, Lanserhof, Austria, New York City, Sedona , Arizona, Arizona, Sedona, Dubai Marina, Utah, Aspen, Deer, it’s

☆ For God, for country, for rain
▼ + stars: | 2024-10-14 | by ( Jessica Lucas | ) www.businessinsider.com time to read: +24 min

It's 9:30 a.m., and Augustus Doricko, the mulleted 24-year-old founder of the cloud-seeding company Rainmaker, is clutching a coffee. There's a long way to go before cloud seeding becomes a viable option for solving one of humanity's many self-made crises. El Segundo, population 17,272, has long been a bastion of American engineering, home to aerospace and defense giants like Boeing and Raytheon. Jett Lara for BIThe burning happens every Friday around 8 p.m. at a bonfire on El Segundo Beach. One of Doricko's goals is to build a church in El Segundo to "share the grace of God with other people."

Persons: Augustus Doricko, Bruno Mars, Doricko, Jessica, I'd, Jesus, He'd, that's, Rainmaker, Lauren Sánchez, Jett Lara, Billy Ray Cyrus, God, Augustus Doricko Doricko's, Cameron Schiller, Augustus, Schiller, El, That's, it's, El Segundo, Elon Musk, Isaiah Taylor, Doricko's, Taylor, Rob Coutts, —, Jesus of Nazareth, Zer, he'd, Jason Flynt, Flynt, Terra, Michael Gibson, Sarah Tessendorf's, messaged Gibson, Michael, Gibson, Thiel, Peter Thiel, I'm, Katja Friedrich, Friedrich, Friedrich isn't, Jonathan Jennings, Kaitlyn Suski, dumbbells, Jackson Schultz, Elijah, birdsong, Schultz, We're, coffees, Mankind Organizations: MGM, Association, Aspen Ideas, Global Initiative, BI, El, Boeing, Raytheon, Space Industries, Chevrolet, Stamford Yacht Club, New Zealand, University of California, BI Doricko, drillers, Terra Seco, Thiel Foundation, Terra, tech's, Weather Locations: Vegas, Tennessee, El Segundo, Los Angeles, America, Silicon, Santa Clarita, Rainmaker, Beijing, Colorado, California, Smoky, El Segundo Beach, North Carolina, Texas, Stamford , Connecticut, New, Costa, Berkeley, Christianity, Fort Worth , Texas, Terra Seco, drawdowns, Lake Mead, Las Vegas, Phoenix, Juul, Fresno, San Jose, Dubai, UAE, Midwest, West Texas, New Mexico , Arizona , Nevada, Amsterdam, Milan

DUBAI, United Arab Emirates — Bracing itself for a retaliatory strike for last week’s ballistic missile attack, Iran has been urging its Arab neighbors not to allow Israel to use their airspace as part of any potential attack, two diplomats from Gulf nations told NBC News Friday. Israel has vowed to respond to the strikes and while the nature and timing of the attack remain unclear, Iran warned countries that do help Israel in any way could potentially become part of a war, one of the diplomats said. His death came days after several Hezbollah leaders were killed by exploding pagers and walkie-talkies, an attack which Israel was widely believed to have been behind. Both militant groups are backed by Tehran and Pezeshkian has portrayed Iran as “exercising restraint” because it waited for two months after Haniyeh's death before launching the attack on Israel. NBC News has reached out to the Israel Defense Forces for comment but has not received a response.

Persons: Israel, Masoud Pezeshkian, Abbas Araghchi, Araghchi, Prince Mohammed bin Salman, Pezeshkian, Vladimir Putin, Sameh Khadr Hassan Al, Ismail Haniyeh, Hassan Nasrallah, Haniyeh, Nasrallah, Joe Biden, Benjamin Netanyahu, Yoav Gallant, Biden, Rasoul, Ayatollah Ali Khamenei, ” Biden, Abu al, Askari, Matthew Savill, wouldn’t, ”, Israel “ Organizations: NBC, Gulf Cooperation Council, United, United Arab Emirates, U.S, European Union, West Bank, Israel, AFP, Getty, Israeli, Iran’s, Hezbollah, Military Sciences, Royal United Services Institute, NBC News, Israel Defense Forces Locations: DUBAI, United Arab Emirates, Iran, Israel, Jordan, United Arab, Washington, Qatar, Saudi Arabia, Ashgabat, Russian, United States, Tehran, Syria's, Damascus, Brig, Gen, Fars, Iraq, U.S, London, Gaza, Lebanon, Beirut, Deir el

☆ Airlines are building 'business-class-lite' to generate more revenue and increase demand for the luxe seats
▼ + stars: | 2024-10-11 | by ( Taylor Rains | Benjamin Zhang | ) www.businessinsider.com time to read: +5 min

"Business Light" fares are cheaper but can lack perks like lounge access or early seat selection. In recent years, international airlines such as Air France, KLM, Emirates, Finnair, and Qatar Airways have launched discounted "Business Light" tickets. AdvertisementFor airlines, the business light strategy can help further stoke demand to fill the front of the plane and generate additional revenue. Those traveling on a Finnair Business Light ticket will also have to pay extra for checked luggage. AdvertisementScreenshot of Emirates' various business class fares on a one-way flight from New York to Dubai in February.

Persons: —, Glen Hauenstein, Henry Harteveldt, Harteveldt Organizations: Service, Air France, KLM, Qatar Airways, Delta Air Lines, Delta, Qatar Airways's, Emirates Locations: Delta, Emirates, Qatar, New York, Dubai

☆ Rich people are obsessed with longevity. Luxury hotels are cashing in by charging guests up to $40,000 for IV drips and MRIs before they hit the pool.
▼ + stars: | 2024-10-11 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Luxury hotels are offering guests longevity packages that can cost tens of thousands of dollars. AdvertisementFrom offering guests IV drips for hangovers to personalized nutrition programs and full-body MRIs, luxury hotels are upping their wellness game — and wealthy Americans are ready for it. "It's astounding the speed in which a new focus on longevity is rewriting the wellness market," she said. AdvertisementThe global wellness market — which encompasses beauty, healthy eating, spas, wellness tourism, personalized medicine, and more — was valued at $5.6 trillion in 2022, up from $3.4 trillion in 2013, according to the Global Wellness Institute. Luxury hotels want to cash in on the longevity trendBlink and you'll miss an announcement for a new longevity-themed program.

Persons: —, Bryan Johnson, Beth McGroarty, Mark Hyman, Tony Robbins, Sam Nazarian, Robbins, Nazarian, COVID Organizations: Service, Global Wellness Institute, Consulting, Clinique, Next, Bloomberg, Times Locations: Clinique La, Swiss, Dubai, St Kitts, sbe, London

☆ United announced 13 new international routes and 3 'fifth freedom' flights to far-flung destinations
▼ + stars: | 2024-10-10 | by ( Taylor Rains | ) www.businessinsider.com time to read: +3 min

United Airlines announced 13 new routes across Asia, Europe, Africa, and Latin America. The Chicago-based carrier on Thursday announced 13 new routes across Asia, Europe, Africa, and Latin America starting in the summer of 2025. Mongolia adds to United's growing list of "fifth-freedom" routes from of Tokyo's Narita International Airport. Other new fifth-freedom routes include Kaohsiung, Taiwan, and the western Pacific country of Palau from Tokyo. The airline's Europe expansion goes beyond Greenland.

Persons: —, Patrick Quayle, Quayle Organizations: United Airlines, Service, America, Atlantic, Tokyo's, UN, Emirates, Singapore Airlines, Newark Liberty International, Washington Dulles International, United, Ponta Delgada Locations: Asia, Europe, Africa, America, Nuuk, Greenland, Ulaanbaatar, Mongolia, Guam, Chicago, Dakar, Senegal, Pacific, Kaohsiung, Taiwan, Palau, Tokyo, Cebu, Philippines, UAE, Milan, New York, Dubai, Frankfurt, Germany, Singapore, United's Guam, Portugal, Italy, France, Spain, New Jersey, Dubrovnik, Croatia, Tenerife, Ponta, Mexico, Costa Rica

☆ Dozens more women allege sex abuse by Mohamed Al Fayed, BBC says
▼ + stars: | 2024-10-10 | by ( Lauren Kent | ) edition.cnn.com time to read: +2 min

London CNN —Sixty-five more women have come forward with abuse allegations against the late billionaire Mohamed Al Fayed, according to the BBC, following the network’s documentary that detailed testimonies of women who said he sexually assaulted and raped them. Among the dozens of women who contacted the BBC with new accounts of abuse, 37 said they had worked at Harrods, the British broadcaster reported. One said she was assaulted when she was 15 and Al Fayed was 79. Harrods acknowledged that Al Fayed was “intent on abusing his power wherever he operated” and apologized to victims in a statement released at the time. “We are utterly appalled by the allegations of abuse perpetrated by Mohamed Al Fayed,” the company said.

Persons: London CNN —, Mohamed Al Fayed, Al Fayed, ”, Al, Fayed Organizations: London CNN, BBC, Dubai –, Harrods, Al Locations: Dubai, London, Harrods, United Kingdom, British, Al Fayed’s, Surrey, England

☆ Americans living overseas face being taxed twice. Donald Trump wants to change that.
▼ + stars: | 2024-10-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Americans living abroad shouldn't owe taxes on the same income in two countries, Donald Trump said. "I support ending the double taxation of overseas Americans," he told The Wall Street Journal. AdvertisementAmericans living abroad shouldn't be taxed twice on the same income by two different countries, Donald Trump said. "I support ending the double taxation of overseas Americans," the former president told The Wall Street Journal in a statement. "Fellow Americans living abroad, your vote is more important than ever," Trump told the Journal.

Persons: Donald Trump, Trump, Kamala Harris, —, He's Organizations: Wall Street, Service, Republican, Social Security, Democratic, Voting Locations: Dubai, Monaco

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