Recent Posts

UK consumers rein in borrowing as outlook weakens

  Bloomberg British households reined in their borrowing in December, casting further doubt over the strength of consumer spending this year. Unsecured lending rose by 1 billion pounds ($1.2 billion), the least since May 2015 and well below the expectations of economists. On an annual basis, credit growth slowed to 10.6 percent from 10.8 percent in November, the Bank of ...

Read More »

Coca-Cola opposes travel ban, assesses employee impact

  Bloomberg Coca-Cola Co., the world’s largest seller of soft drinks, said it opposes the travel ban issued by President Donald Trump and will assess any effect it has on employees, joining the thin ranks of companies publicly condemning the policy. “Coca-Cola Co. is resolute in its commitment to dive- rsity, fairness and inclusion, and we do not support this ...

Read More »

Imdaad reveals AED60 million acquisition plan for 2017

  Dubai / Emirates Business Imdaad, the GCC’s leading integrated facilities management (FM) company based in Dubai, revealed that it will invest AED60 million this 2017 to achieve growth via targeted acquisition of local firms. The announcement was made during a press conference on Tuesday, at the Jumeirah Zabeel Saray, Palm Jumeirah in Dubai where the leading FM company also ...

Read More »
Send this to a friend