Airline Emirates warns oil, dollar to hit first half profit

DUBAI (Reuters) - Emirates earnings are being squeezed by higher oil prices, a strong dollar, and instability in the global economy, the airline's chief commercial officer said on Tuesday. The warning came ahead of Emirates' half-year financial results for the period ending September 30, which will be released on Thursday. "The profit

Emirates seeks Rolls-Royce A380 engine deal, nothing finalised

Emirates is edging towards a deal with Rolls-Royce <RR.L> to power its latest Airbus <AIR.PA> A380 superjumbos but has not yet reached a final agreement, the Dubai-based airline said on Sunday. The fate of a lifeline order for up to 36 of the double-decker aircraft, of which Emirates already has over

U.S. warns U.A.E. not to attack Hodeidah port

WASHINGTON (Reuters) - The United States has warned its close ally the United Arab Emirates not to launch an assault on Yemen's port city of Hodeidah, which United Nations experts fear could precipitate a new humanitarian crisis, U.S. officials said on Tuesday. The warning was issued as Emirati-backed Yemeni forces moved