Thursday , 1 January 2026

Recent Posts

Roger Federer leaves Nike for Japan’s Uniqlo

Bloomberg Tennis great Roger Federer, long all but synonymous with Nike Inc., has parted ways with the swoosh to join Japanese casual clothing brand Uniqlo. The eight-time Wimbledon champion surprised many fans when he walked onto Centre Court for his first-round match in an outfit by Fast Retailing Co.’s Uniqlo. The Swiss star’s apparel contract with the Beaverton, Oregon-based athletic-wear …

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Smart cities to drive UAE IT market to AED20bn

DUBAI / Emirates Business Smart Cities, connected mega-events such as Expo 2020 Dubai, and the growth of “intelligent enterprises”, will drive the UAE’s IT market to top AED20 billion in 2018, according to the newly-appointed UAE Managing Director of global technology company SAP. Increasingly, UAE organisations are becoming “intelligent enterprises,” using innovations in artificial intelligence, machine learning, the Internet of …

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China firm asks staff to speed up cash inflow

Bloomberg China’s top high-end developer Greentown China Holdings asked its staff to accelerate cash inflows “on all fronts” and speed up sales, according to memos seen by Bloomberg, amid escalating regulatory scrutiny of the sector. The Hangzhou-based builder urged faster sales, redoubled efforts to collect accounts receivable and called for strict control over payments, according to the memos. Moves to …

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