RITIKA SHARMA / Emirates Business Gone are the days when fashion was for grown-ups only. The little ones also rock, that’s what figures say. Kids-wear market is estimated to hit US$173.6 billion by 2017, growing at a stable compound annual interest rate (CAGR) of 4.2 percent. According to Reference for Business report, there are over 1,000 international children’s fashion brands …

Doha / AFP Energy giants Saudi Arabia and Russia agreed on Tuesday to freeze oil output to try to stabilise the market if other major producers do the same, Qatar’s oil minister said. The Saudi and Russian oil ministers, along with their Venezuelan and Qatari counterparts, “agreed to freeze the production at (the) January level provided that other major producers …

AFP Two recent oil pipeline spills in Peru’s part of the Amazon hit areas rich in wildlife and it will take them a year to recover, the government said Monday. The spills released a total of 2,000 barrels of petroleum, Energy and Mining Minister Rosa Maria Ortiz said. She and other government officials flew over one of the areas blackened …