BLOOMBERG Gap Inc reported second-quarter comparable sales and revenue that missed the average analyst estimate, underscoring ongoing weakness at the retailer’s four brands. The results come three days into Chief Executive Officer Richard Dickson’s tenure, who joined the company from Mattel Inc after his success with the Barbie franchise. While Dickson has yet to lay out a vision for the ...

ABU DHABI/WAM H.H. Sheikh Issa bin Zayed Al Nahyan said that the achievements made by the Emirati women across all fronts are the fruits of the wise leadership’s commitment to providing all possible support for them to forge ahead with their pioneering role at the national level. In statements marking the Emirati Women’s Day, Sheikh Issa commended the support provided ...

BLOOMBERG Instacart joined chip designer Arm Holdings Ltd in moving ahead with an initial public offering, adding momentum to a return of high-profile listings. The largest US online grocery delivery company disclosed in its filing with the US Securities and Exchange Commission that PepsiCo will buy $175 million in preferred convertible stock. The company also revealed it turned a profit ...