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Bloomberg Did Michael Kors Holdings overpay for Versace? The market said yes, but some analysts …
Read More »Michael Kors upgraded at UBS after $1.8bn stock wipeout
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South African Airways plans to roll over $642 million of debt
Bloomberg South African Airways is working to find ways to roll over 9.2 billion rand …
Read More »New Toys ‘R’ Us owners mull physical stores in 2019
Bloomberg The hedge funds that now own the Toys ‘R’ Us brand plan to relaunch …
Read More »Kraft Heinz shares sink
Bloomberg Kraft Heinz Co. shares sank in late trading on Thursday after the packaged-food company …
Read More »Non-resident bank deposits outstrip loans by AED63bn
ABU DHABI / WAM Non-resident deposits acr-oss UAE’s banking system reported solid growth during first …
Read More »UAE non-oil private sector remains robust
Emirates Business Emirates NBD Purchasing Managers’ Index (PMI) — a composite indicator designed to give …
Read More »Shell steps up buybacks as cash flow increases with crude price
Bloomberg Royal Dutch Shell Plc stepped up its share buyback program as cash flow surged …
Read More »Encana arouses investor ire with US expansion
Bloomberg Encana Corp. agreed to buy US shale producer Newfield Exploration Co. in its largest-ever …
Read More »Russian oil output nears all-time high
Bloomberg Russian oil production moved closer to an all-time high before the nation meets with …
Read More »Economy risks returning to sync, this time to downside
Bloomberg The world’s major economies that entered 2018 accelerating in sync risk entering 2019 decelerating …
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