Bloomberg One of H&M’s largest shareholders has lost its patience. Skandia’s actively managed funds have spent the past months selling off most of its stake in Hennes & Mauritz AB after watching the fashion retailer struggle with weakening sales in its physical stores and intensifying online competition. The Swedish savings and insurance giant says there’s a raft of issues H&M …

DUBAI / WAM A twenty-one percent increase in Chinese arrivals to the GCC is expected by 2021, rising to 2.5 million visitors annually, according to data released ahead of Arabian Travel Market (ATM) 2018, which takes place at the Dubai World Trade Centre in April. Published by Colliers International, the data predicts Saudi will experience the highest proportionate increase in …

Bloomberg Stocks and Treasuries gained, while the dollar erased losses as the US Senate prepared to vote on ending a partial government shutdown. The S&P 500 Index rose following a third straight weekly advance as investors awaited about 80 earnings reports this week, including from Netflix Inc. and Proctor & Gamble Co. The dollar edged higher along with 10-year Treasuries …