ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, …
Read More »Ferragamo freezes investments amid coronavirus spread
Bloomberg Salvatore Ferragamo SpA is delaying or cancelling capital investments not considered “fundamental†as the coronavirus outbreak hammers demand, though the company sees green shoots of recovery in China, the biggest market for luxury goods. “Visibility on the impact of Covid-19 is still very low for both turnover and earnings,†Chief Executive Officer Micaela Le Divelec Lemmi said on a …
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