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Rolls-Royce mulls disposal of weaker units

  Bloomberg Rolls-Royce Holdings Plc Chief Executive Officer Warren East said the struggling aircraft-engine manufacturer will deepen costs cuts and restructure or sell the weakest parts of its business after profit dropped by almost half in 2016. While around 80 percent of activities are in ‘a reasonably strong position in an attractive market,’ the rest are on less solid ground ...

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Apple shares hit record close on optimism for next iPhone

  Bloomberg Apple Inc. shares hit a record on optimism the next iPhone will drive a resurgence in sales and help the company’s services businesses grow. The stock climbed less than 1 percent to $133.29 at the close in New York, the highest on record. The increase valued Apple at about $699 billion, making it the world’s most highly capitalized ...

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ZOOM wins best int’l store design award

  Emirates Business ZOOM, ENOC’s convenience store brand, was recently declared winner in the best international design category at the 11th Annual Store Design Contest organised by Convenience Store News, the industry leading magazine in the United States for its 1,250 square feet store in the iconic Burj Khalifa. The store, designed in-house at ENOC exclusively for the world’s most ...

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