Bloomberg Tapestry Inc rose after posting strong sales at its Coach brand while the struggling Kate Spade unit’s results weren’t as bad as expected. Still, the company said its full-year forecast will be negatively impacted by the coronavirus. Coach same-store sales grew 2% worldwide in the second quarter, topping the 1% average of analysts’ estimates, according to Consensus Metrix. Kate ...

FUJAIRAH / WAM The National Bank of Fujairah (NBF), on Sunday reported its full year financial results for the year ended 31st December 2019, announcing a net profit of AED552.2 million. The bank also announced in a press statement a total comprehensive income of AED611.5 million, up 4.5 percent compared to AED585.4 million in 2018, as a result of improved ...

Bloomberg Saudi Arabia’s main stock index dropped for a third day, finishing below a mark it has held since December, as the coronavirus reduces demand for oil. The Tadawul index fell 1.3%, the most among major gauges in the Middle East and below its 100-day moving average for the first time this year. State oil producer Saudi Aramco retreated as ...