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HelloFresh shares surge on recipe-box sales

Bloomberg HelloFresh’s stock jumped as much as 14% after the company reported preliminary 2019 results, beating analyst expectations. Adjusted earnings before interest, tax, depreciation and amortisation for last year is expected to come in at 45 million euros ($50 million) to 48 million euros, the company said in a statement. That beat the 22.1 million-euro average estimate from analysts, according ...

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Amazon lends Deliveroo cash while UK probes investment

Bloomberg Amazon.com Inc has offered Deliveroo a loan after a UK probe into the food-delivery startup’s last funding round threatened a cash crunch, people familiar with the matter said. Without the backing from Amazon, Deliveroo ran the risk of running low on capital, the people said. While the size of the loan is unclear, the London-based company has significant funds ...

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UAE gold, diamond trade hits AED258.4bn in 2018

Abu Dhabi / WAM The value of the UAE’s trade in raw and semi-worked gold and diamonds in 2018 amounted to AED258.4 billion, which reinforced the country’s position as a regional centre of the trade in the Middle East. The gold and diamond trade accounted for around 15.8 percent of the UAE’s total non-oil trade in 2018, valued at AED1.628 ...

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