ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call on Monday from Sheikh Hasina Wazed, Prime Minister of Bangladesh. During the call, she expressed her appreciation for the significant role played by the United Arab Emirates in securing the release of United Nations employees who were abducted in Yemen over a ...

BLOOMBERG From Walmart Inc to Home Depot Inc, the biggest US retailers are about to grab the earnings spotlight, providing stock investors with crucial insight into consumer spending — the engine that powers two-thirds of the US economy.  Last quarter, a bevy of retailers like Target Corp and Macy’s Inc held a cautious view. But in recent months, the economy ...

BLOOMBERG Tapestry Inc, with Coach, and Capri Holdings Ltd, with Michael Kors, have been battling for nearly a decade to dominate the US handbag market. Tapestry sealed its victory — and now the shopworn Michael Kors brand becomes its problem to solve. Tapestry’s $8.5 billion acquisition of Capri caps a yearslong strategy at Coach: Keep exposure to department stores low, ...