Bloomberg “Retail is not dead”, Telsey Advisory Group said. One day before second-quarter earnings season kicks into gear in earnest, it’s clear investors agree. The latest quarterly results are expected to outshine first quarter disappointments that were hurt by lousy weather. The SPDR S&P Retail ETF has risen 13 percent year to date to a record high, more than double ...

Bloomberg Sports Direct International Plc says it will continue to operate most of House of Fraser Ltd.’s 59 UK and Ireland department stores after rescuing the chain from near collapse. “Our aim is to keep at least 80 percent of the stores open,” Liam Rowley, Sports Direct’s head of strategic investments, said on Tuesday in an interview on Bloomberg TV ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued Emiri Decree No. 02 of 2018 amending the UAE Cybercrimes Law. According to the Decree, Article Nos. 26, 28 and 42 of Federal Decree-Law No. 05 of 2012 on Combatting Cybercrimes will be replaced with updated provisions. Article No. 26 stipulates an imprisonment period of at ...