Bloomberg After years of watching shoppers flit from store to store in search of the biggest deals, US retailers are hoping their attempts at building some loyalty will finally pay off this holiday season. Chains have aggressively rolled out rewards programmes in recent years, and there are signs that the efforts are beginning to get results. Hollister’s stunning 8 percent ...

ABU DHABI / Reuters Abu Dhabi National Oil Company (ADNOC) has embarked on a major shake-up plan to priv- atise its services businesses, venture into oil trading and expa- nd partnerships with strategic investors, its chief executive said on Monday. The partial privatisation plan marks a major shift by the state energy company that was founded in 1971. It aims ...

ABU DHABI / WAM The Central Bank’s gross bank assets, including bankers’ acceptances amounted to around AED2.639 trillion during the month of October against AED2.643 trillion that was recorded in September. According to the CB statistics released on Monday, gross credit increased to as much as AED 1.584 trillion during October, two percent up from AED1.58 trillion in September. The ...