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US trade gap soars to 10-year high at $621bn

Bloomberg The US trade deficit widened in 2018 to a 10- year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports. The annual deficit in goods and services increased by $68.8 billion, or 12.5 percent, Commerce Department data showed ...

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Lulu unveils organic healthy food festival

Abu Dhabi / Emirates Business LuLu, the largest hypermarket chain in the Middle East, unveiled its Organic & Healthy food festival, which was inaugurated at LuLu Hypermarket at The Mall at World Trade Center, Abu Dhabi. As the health-conscious customer base in the country continues to increase, the week-long promotion features great deals and offers on healthy selection available across ...

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Malabar Gold introduces specially designed Mother’s Day pendants

Dubai / Emirates Business Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of 250 outlets spread across 10 countries launched a special collection of diamond and 18K gold jewellery as a glittering tribute to the unspoken love of a mother. Arab Mother’s Day is celebrated on March 21 every year to honour ...

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