Tribune News Service Special to Emirates Business A jewel and luxury fashion industry leader for more than 110 years is once again looking for a suitor. After reporting its sixth consecutive quarter of sales declines, Dallas-based Neiman Marcus said that it’s exploring all options, including a sale of the company. A sale has been rumored for some time. Saddled ...

  FRANKFURT / AP German airline Lufthansa has reached a preliminary agreement on a labor deal with its pilots that would cut pension liabilities and bar strikes through 2022. Lufthansa’s drawn-out talks with the Vereinigung Cockpit union have led to several costly stoppages that disrupted hundreds of flights. Lufthansa’s labor relations head, Bettina Volkens, on Wednesday called the deal a ...

  MADRID / AP Zara fashion brand owner Inditex says strong sales and expansion of new stores boosted net profit in the past fiscal year by a 10 percent. The world’s largest clothes retailer said that net profit for the 12 months ending January 31 rose to 3.16 billion euros ($3.35 billion) from 2.88 billion euros ($3.06 billion) a year ...