Bloomberg Next Plc brought some cheer to UK retailers struggling with Brexit-related costs and the rise of online shopping, reporting stronger-than-expected Christmas sales and lifting its profit guidance. Shares of the apparel and home-furnishings chain, the first major British retailer to report on the holiday season, rose as much as 9.9 percent after it said price pressure would ease over …

DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) received a high-level delegation from Saudi Aramco company. The meeting heightened cooperation between the two organisations, with Saudi Aramco able to review practices and expertise at DEWA, including benchmarking and key performance indicators. The delegation included Khalid Al Salouli, Aramco Director and Head …

SINGAPORE/ Reuters Oil prices posted their strongest start to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia. US West Texas Intermediate (WTI) crude futures traded broadly flat at around $60.40 a barrel by 1425 GMT after hitting $60.74 earlier in the …