AP Production workers at Boeing’s South Carolina plant have rejected an effort to unionize, maintaining Southern reluctance toward unionization and setting up a picture-perfect stop for President Donald Trump, who visits the facilities this week. Vote totals weren’t immediately available, but the International Association of Machinists and Aerospace Workers’ lead organizer said it’s “the workers who dictate what happens ...
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dinh van marks its 1st anniversary in Dubai
Emirates Business In collaboration with Marka PJSC, the first public joint stock retail operator in the UAE, contemporary French jewellery brand dinh van marked its 1st anniversary in Dubai by celebrating with guests, VIPs, media and the Marka team at its branch in CITY WALK. The anniversary follows the recent opening of dinh van’s second outlet, in Galeries Lafayette ...
Read More »Apple shares hit record close on optimism for next iPhone
Bloomberg Apple Inc. shares hit a record on optimism the next iPhone will drive a resurgence in sales and help the company’s services businesses grow. The stock climbed less than 1 percent to $133.29 at the close in New York, the highest on record. The increase valued Apple at about $699 billion, making it the world’s most highly capitalized ...
Read More »ZOOM wins best int’l store design award
Emirates Business ZOOM, ENOC’s convenience store brand, was recently declared winner in the best international design category at the 11th Annual Store Design Contest organised by Convenience Store News, the industry leading magazine in the United States for its 1,250 square feet store in the iconic Burj Khalifa. The store, designed in-house at ENOC exclusively for the world’s most ...
Read More »Verizon offers unlimited data as mobile competition heats up
Bloomberg Verizon Communications Inc., the biggest US wireless provider, will start selling a package that includes unlimited data, a tacit acknowledgment that smaller competitors have struck a chord with consumers who want to stream video without worrying about exceeding a cap. Verizon will charge $80 a month for a single user, $10 higher than the plan offered by T-Mobile ...
Read More »Sweden’s Blueair opens business hub in Dubai
Emirates Business Blueair, the world’s leading indoor air purifying company, on Monday opened an office in fast growing Dubai that will serve as the hub for growing Blueair sales throughout the United Arab Emirates and Gulf region. The Blueair office will be responsible for developing sales throughout the Gulf Cooperation Group (GCC) of countries encompassing Bahrain, Kuwait, Oman, Qatar, ...
Read More »Amazon discloses Iranian business ties, warns of penalties
Bloomberg Amazon.com Inc. disclosed Iranian business ties that may have violated U.S. sanctions, warning that it may be penalized after a regulatory review of the activities. The company said in a regulatory filing that from 2012 to 2016 it “processed and delivered orders of consumer products for certain individuals and entities located outside Iran covered by the Iran Threat ...
Read More »Micromax forays into MENA region
Emirates Business Micromax Informatics Ltd, India’s leading handset manufacturer and the 10th largest smartphone player in the world, on Sunday announced its foray into the Middle East and North Africa (MENA) region with the entry into the UAE smartphone market. Micromax has entered a strategic agreement with Tchannl, one of the leading players in telecom, IT and consumer electronics ...
Read More »Xiaomi goes all-in on retail to revive China smartphone sales
Bloomberg After pioneering online flash sales in China to reach the top of the smartphone market, Xiaomi Corp. is turning to old-fashioned retail to arrest its slide. The phonemaker will roll out a chain of about 1,000 brick-and-mortar stores under the Mi Home banner over the next three years, as co-founder Lei Jun mimics a strategy that’s helped the ...
Read More »Hermes posts €1.6bn revenue in Q4
Bloomberg Hermes International SCA added to evidence of a luxury rebound as shoppers in Asia buy more silk scarves and Birkin handbags while tourists who were deterred by terrorism return to its stores in Europe. Revenue climbed 7.6 percent to 1.5 billion euros ($1.6 billion) in the fourth quarter, the Paris-based company on said Wednesday, meeting analyst expectations. Growth ...
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