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SCCI continues its role in boosting Sharjah’s competitiveness

  Sharjah / WAM Sharjah Chamber of Commerce and Industry (SCCI) continued in the last year its leading role in creating the best investment environment, reinforcing the position of the emirate of Sharjah as a global business hub and bolstering its competitiveness and economic potential by following a strategy based on protecting the interests of businessmen and supporting its members ...

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Bed Bath & Beyond triples as retail traders fuel latest burst

  Bloomberg Bed Bath & Beyond Inc. continued to surge, rising for a fourth day and hitting the highest level since early November, after the company’s bankruptcy warning reignited interest from retail traders. Shares in the home-goods retailer climbed as much as 29%, adding to 166% gains from the previous three sessions. Other so-called meme stocks also added to gains. ...

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Delta’s profit outlook misses estimates as labour costs climb

Bloomberg Delta Air Lines Inc. forecast first-quarter profit short of Wall Street’s estimates, dragging down the carrier’s shares as higher costs deal a blow to its efforts to further capitalise on a rebound in air-travel demand. Adjusted earnings will be 15 to 40 cents a share in the period, the airline said in a statement that also detailed fourth-quarter results. ...

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