Abu Dhabi / WAM The expected economic growth rate for the Arab countries will rise to 5.4 percent in 2022 due to rising oil prices, the increase in production in Arab oil-exporting countries, and the continuation of reforms that promote growth, according to the Seventeenth Edition of the Arab Economic Outlook Report (AEOR), released by the Arab Monetary Fund (AMF) …

Bloomberg Target Corp is betting heavily on a dramatic financial comeback the rest of this year after badly trailing its own forecast as well as Wall Street’s estimates in the second quarter. The retailer stuck with its outlook for operating income of about 6% of sales during its fiscal second half after taking a painful hit from aggressive moves to …

  Bloomberg Cabin crew staff of International Consolidated Airlines Group SA’s low-cost Spanish carrier Iberia Express plan to strike after talks over pay stalled. The USO union has called walkouts from August 28 to September 6 after failing to reach an accord with the company to link pay to inflation and then increase salaries, an official for the union said. …