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Ocado retail revenue rises 40% on demand

Bloomberg Ocado Group Plc’s retail revenue rose more than 40% in the second quarter as the UK online grocer’s sales were boosted by home shopping during the Covid-19 lockdown. The company suspended financial guidance for the year, saying uncertainty around the pandemic made it impossible to predict near-term sales trends. The second-quarter’s gain was up from a 10% increase in ...

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Armed forces will be cornerstone of UAE’s 50 years plan

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has praised the role of the country’s armed forces in fighting all sorts of crises across the globe. “The 44th anniversary of the unity of our armed forces this year is happening during exceptional ...

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Adnoc’s Panorama generates AED3.67bn in business value

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) on Tuesday announced its Panorama Digital Command Centre (Panorama) has generated over $1 billion (AED3.67 billion) in business value since its inception three years ago. Panorama is a key part of Adnoc’s ongoing strategic investments in digitisation and artificial intelligence (AI) to enable the company to drive greater efficiencies, ...

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