Bloomberg Home Depot Inc. saw sales surge in the wake of this year’s barrage of hurricanes, but the storms still took a toll on the Atlanta-based retailer’s bottom line. Even as cleanup and rebuilding efforts helped the chain’s sales top analysts’ estimates, expenses related to the storms reduced operating profit by $51 million. Customers stocked up on less profitable plywood ...

ABU DHABI / WAM Baroness Rona Fairhead, UK Minister of State for Trade and Export Promotion at the Department for International Trade (DIT) told Emirates News Agency (WAM) that the UAE is to invest 1.5 billion Pounds (AED7.5billion) in the UK in areas of renewable energy. “Brexit will help the UK pursue a more open economic policy. We are accelerating ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (ADNOC) announced a significant investment to upgr-ade its Bab field, re-energising one of its largest onshore producing assets to sustain and enhance output. This is an important step towards delivery of the ADNOC group’s 2030 smart growth strategy that seeks to increase its crude oil production capacity and reduce cost, ...