Bloomberg Hennes & Mauritz AB Chairman Stefan Persson may be single-handedly propping up shares in the Swedish fashion retailer. In April alone, the billionaire acquired about 18.2 million shares in Stockholm-based H&M for $278 million, bringing the value of purchases since the beginning of last year to 13.4 billion kronor. The transactions mean that Persson and his family now hold ...

Bloomberg Construction lights were so bright they were confusing to pilots who tried to land at night in July 2017 when a fatigued Air Canada crew almost struck four aircraft on the ground in San Francisco, according to preliminary reports. The National Transportation Safety Board (NTSB) released more than 500 pages of investigative reports, including a video recording of the ...

ABU DHABI / Emirates Business IBM announced the launch of its innovation and industry client center in Abu Dhabi. Inaugurated under the patronage of the Abu Dhabi Government, the center aims to fast track the digital transformation of both public and private organisations through advanced technologies in artificial intelligence, cloud, blockchain, security, analytics, IoT and quantum computing. The inauguration took ...