Bloomberg Shares of Associated British Foods Plc, owner of the Primark clothing chain, fell after the company predicted a decline in comparable sales at the retailer. Primark’s like-for-like sales will decline by 2 percent this year, the company said on Monday, citing Europe’s unusually hot summer weather. The apparel stores are expected to post gains overall, but that’s only because …

Dubai / WAM Muhammad Imran, Bangladesh Ambassador to the UAE, said, “We have witnessed a growing interest among both Emirati businesses to invest in Bangladesh while a large number of Bangladeshi entrepreneurs are also setting up companies in the UAE, therefore strengthening the two-way economic ties between the two countries.” “Our government has announced the establishment of 100 economic zones, …

Bloomberg China’s chances of escaping the trade conflict with the US with only minor damage to its economy just got slimmer. The US President Donald Trump doubled down on his threats to impose higher tariffs on nation’s goods, saying he’s ready to tax all imports ‘at short notice.’ While economists see immediate impact of trade tension as limited, the effect …