DUBAI / WAM Dubai Culture and Arts Authority (Dubai Culture) is hosting a two-week Sikka Ramadan Pop-Up at the Al Safa Art and Design Library. The event will be held in two sessions, the first  from 7-9 April and the second from 14-16 April. The pop-up will feature talented fashion designers who will showcase their unique designs and products that …

BLOOMBERG  Credit Suisse AG was hit by renewed outflows over several days in March that took it to the brink of bankruptcy, even when it was supposed to have enough funds to cover a month of deposit flight. As Swiss officials and Credit Suisse executives emphasised that the firm’s emergency sale staved off imminent collapse, they highlighted how sharp the …

BLOOMBERG FedEx Corp is seeking to cut $4 billion in costs by combining its two main delivery networks, in an ambitious plan by new Chief Executive Officer (CEO) Raj Subramaniam to increase profit margins. The company has for decades operated an express package business separately from its ground unit, which FedEx acquired in 1998 and depends on third-party contractors to …