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Lauritzen to get ¥15.5bn loan to buy six ships

Mitsubishi UFJ Financial Group, Japan's biggest bank by market value, and France's Société Générale will lend ¥15.5 billion (Dh624.4m) to Danish shipper J Lauritzen...

Mideast has role to play in airline rescue

There are certain points in every business cycle when even the optimists give up and accept that they are about to lose a lot...