Bloomberg Shake Shack Inc tumbled to what would be its lowest level since July after the burger chain’s third-quarter comparable sales trailed estimates and management reduced its sales target. “After seeing improved trends over the last two quarters, 3Q results — as well as 4Q commentary — were a sobering reminder of the volatility in results that often accompanies the ...

Bloomberg Marks & Spencer Group Plc’s efforts to turn around its troubled clothing business showed signs of life in the autumn, boosting the UK retailer after a weak first half of the year. The division’s full-price and planned promotional sales rose 2.7% in October, the company said on Wednesday. The shares gained as much as 7.9% in early London trading, ...

DUBAI / WAM Dubai FDI, the investment development agency of Dubai Economy, has announced the signing of a Memorandum of Understanding with Standard Chartered Bank, to facilitate consultation, cooperation and exchange of information in areas of mutual interest and objectives. In line with Dubai FDI’s efforts to consolidate the emirate’s position as a preferred global Foreign Direct Investment (FDI), destination, this ...