Bloomberg Hermes International says growth in greater China remains rapid despite months of protests in the luxury shopping hub of Hong Kong. A “slight acceleration” in mainland China will offset the impact from store closures in Hong Kong, which was most significant in August, Hermes Chief Financial Officer Eric du Halgouet said on a conference call. “Globally, our performance in …

Bloomberg Since taking the reins at Spirit Airlines Inc this year, Ted Christie has overseen a 38 percent share decline and a deteriorating financial outlook. But just wait for next year as the discounter steps up efforts to squeeze more revenue out of travellers. “Nobody’s satisfied with the performance to date and I am certainly among that group,” Spirit’s chief …

DUBAI / WAM The UAE has ranked first globally in mobile-broadband subscriptions and network coverage, and second in mobile-cellular telephone subscriptions, according to the Travel & Tourism Competitiveness Report 2019, issued by the World Economic Forum. Commenting on this achievement, Hamad Obaid Al Mansoori, Director-General of the Telecommunications Regulatory Authority, TRA, stated, “The UAE’s global achievements are the result of …