Abu Dhabi / WAM Adnec Group has announced it is now a major contributor to the Net Zero Carbon Events initiative. The industry initiative promises to produce net-zero carbon footprint events by 2050 as it creates and supports a greener future for the Meetings, Incentives, Conferences and Exhibitions (MICE) industry. Hosted by the Joint Meetings Industry Council (JMIC), the …

Bloomberg Ocado Group Plc shares fell as the online grocer struggles with a dip in post-pandemic e-commerce spending and consumers return to brick-and-mortar stores. Ocado said on Tuesday that it expects earnings from its joint venture with Marks & Spencer Group (M&S) to fall in the first half of fiscal 2023 as customers reduce their purchase sizes. Revenue growth was flat …

  Bloomberg EasyJet Plc expects the recovery in air travel to continue through 2023 despite consumers feeling the pinch from inflation, the latest sign of airline optimism following a stronger-than-expected Christmas travel season. The budget carrier is “cautiously optimistic” for this year despite consumers in its biggest markets enduring the highest inflation rates for decades. While the company hasn’t released …