Bloomberg Target Corp. said a system-wide outage that prevented customers from making purchases at its stores has been fixed. The two-hour outage, which affected its registers, was caused by an internal technology problem, the retail chain said, without giving more details. “Our technology team worked quickly to identify and fix the issue,” Target said in an emailed statement. “After an ...

Bloomberg Amazon.com Inc. stepped up its push into the UK, threatening Tesco Plc with tougher competition as Britain’s largest retailer said it’s feeling the squeeze from Brexit-related political turmoil. The US online giant is expanding its alliance with Wm Morrison Supermarkets Plc to offer groceries in more cities across the UK. The move puts more pressure on rival grocers, including ...

Abu Dhabi / WAM The UAE ranked 27th globally in attracting foreign direct investment (FDI) flows in 2018, according to the United Nations Conference on Trade and Development’s World Investment Report 2019, three positions up from its 2017’s classification by UNCTAD. Overall, the report said, the UAE received in 2018 direct foreign investments of more $10.4 billion, maintaining lead as ...