Bloomberg Next Plc shares surged after the company raised its financial guidance, helped by e-commerce investments that are keeping the UK retail bellwether ahead of troubled rivals. The apparel chain’s warehouse and distribution upgrades are boosting online sales, which rose 12 percent in the latest quarter, even as British department stores and other fashion chains sink deeper into trouble. The ...

Bloomberg Vegan ice cream is a hot commodity these days. But violent storms that have devastated farms in Southeast Asia are threatening to take away one of its best ingredients — coconuts. Much of the world’s supply comes from the region, which is grappling with an increase in storms’ frequency and intensity because of warming seas. Coconuts’ natural creaminess is ...

ABU DHABI / WAM The total combined revenue of 50 companies listed on the Abu Dhabi and Dubai financial markets rose to AED33.73 billion in the first half of 2019, increasing by 14.7 percent compared to the same period in 2018. A survey conducted by the Emirates News Agency (WAM), on companies that disclosed their financial results showed that the ...