Bloomberg Estee Lauder Cos. Chief Executive Officer Fabrizio Freda apologized for false ad claims on certain cosmetics and said a comprehensive review is under way. “We recently learned that some testing related to certain products advertising claims had been intentionally altered for some time by a small group of employees,” Freda said on a conference call with analysts. “This clearly ...

MUKALLA / WAM A UAE ship carrying medical supplies arrived in the Port of Mukalla, as part of the country’s efforts to support the health sector in the Yemeni Governorate of Shabwa. Ahmed Al Neyadi, Head of the Emirates Red Crescent Team in Hadramaut, said in a statement that the latest effort is part of a series of humanitarian operations ...

DUBAI / Emirates Business Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has signed a memorandum of understanding (MoU) with professional services company Accenture to foster innovation in the financial services industry globally. Under the MoU, FinTech Hive at DIFC — the first financial technology accelerator in the ...