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UAE sends more humanitarian aid to Pakistan flood victims

Karachi / WAM Hamad Obaid Salem Al Zaabi, UAE ambassador to Pakistan, accompanied by Bakheet Ateeq Al Rumaithi, UAE Consul-General in Karachi, attended an event commemorating the arrival of ships carrying 200 containers of food and medical supplies to support 500,000 Pakistani families affected by the floods that hit many parts of the country. The event was held in the ...

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McDonald’s sales beat Wall Street’s estimates in Q3

McDonald’s Corp. sales handily beat expectations as diners proved willing to pay more for their fries and burgers while grappling with inflation in their gas, grocery and energy bills. The results underscore why McDonald’s feels like it’s in a good position even as clouds gather in the economy. The company is picking up customers as rivals across the industry raise ...

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Ocado shares soar on deal with South Korea’s Lotte Shopping

Ocado Group Plc surged after signing an exclusive deal with Lotte Shopping Co. to develop the South Korean retailer’s online grocery business. The UK developer of automated delivery systems will work with Lotte to build a network of robotic warehouses using Ocado’s Smart Platform, as well as providing technology for building online orders from Lotte’s stores. Lotte Shopping operates department ...

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