Recent Posts

AirAsia tumbles as CEO faces graft probe in India

Bloomberg AirAsia Group Bhd. shares fell to their lowest level in six months after India said it’s investigating Chief Executive Officer Tony Fernandes and other officials for allegedly paying bribes to influence local policy. India’s Central Bureau of Investigation said that the budget airline’s executives bribed Indian officials through middlemen to sway government decisions on aviation, including obtaining a flying ...

Read More »

Gucci strikes China gold with ‘moonlight clans’ who spend it all

Bloomberg Gucci’s brand is worth more than ever—thanks in part to young, spendthrift shoppers in China eager to shell out everything they earn on $2,900 velvet clutches or $1,400 crystal-studded sunglasses. The value of Gucci’s label jumped a whopping 66 percent, to $22.4 billion, in 2018, according to a report by Kantar Millward Brown. It helped that the Italian fashion ...

Read More »

DHL Express picks soccer star Salah as brand ambassador

Emirates Business DHL Express, the world’s leading express logistics provider, has signed a strategic partnership for the Egyptian football superstar Mohamed Salah to become its brand ambassador for Middle East and North Africa (MENA) region for the next two years. The partnership is a testament to the synergy of core values DHL Express and Mohamed Salah share; leadership, commitment, teamwork, ...

Read More »
Send this to a friend