Recent Posts

H&M abandons its print catalogue after 39 years

Bloomberg One of the last vestiges of traditional shopping habits is being laid to rest. Swedish fashion giant Hennes & Mauritz AB said it ceased publication of its print catalogue after 39 years with immediate effect. The move follows dwindling interest from customers in flipping through glossy pages of inventory when they can find the latest deals with their mobile ...

Read More »

UAE non-oil private sector activity hits 16-month high

DUBAI / Emirates Business The UAE non-oil private sector recorded a sharp monthly improvement in business conditions — the greatest since December 2017, according to Emirates NBD Purchasing Managers’ Index. The composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy rose for the second month running in April, hitting 57.6 from 55.7 ...

Read More »

Cyclone Fani hits Bangladesh after killing eight in India

Bloomberg Cyclone Fani barrelled through the eastern parts of India, unleashing heavy rain and prompting authorities in the country and neighbouring Bangladesh to evacuate a total of more than 3.5 million people to shelters. At least eight people were killed as the windstorm swamped towns and villages, the Press Trust of India reported, citing government officials it didn’t name. Dhaka-based ...

Read More »
Send this to a friend