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Farfetch shares soar on pact with Harrods

Bloomberg Farfetch Ltd. shares advanced for a third straight session and hit their highest levels of the year following an e-commerce pact with London-based luxury department store Harrods that may lead to more business from elite retailers. The stock gained as much as 9.4 percent and traded at its highest level since mid-December. Shares of the online retail apparel company ...

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Air France-KLM plunges most since merger on surprise Dutch stake

Bloomberg Air France-KLM Group fell the most ever after the Dutch government’s surprise decision to buy a stake in the airline raised concern that competing national interests will derail Chief Executive Officer Ben Smith’s efforts to streamline the carrier. The Netherlands purchased a 13 percent holding, a move aimed at gaining parity with influential shareholder France following a power clash ...

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Adnoc inks three energy deals with Korean firms

SEOUL / WAM During an official visit to the Republic of Korea by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Abu Dhabi National Oil Company (Adnoc) has signed three framework agreements with Korean energy companies. The agreements will explore upstream exploration and production opportunities, ...

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