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Bloomberg Equity Group Holdings Ltd. posted its first-ever drop in annual profit, missing analysts’ …
Read More »Kenya’s biggest bank posts first profit drop on bad loans
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Barclays Africa debt sale misses target
Bloomberg Barclays Africa Group Ltd. sold less than half its target in a bond …
Read More »Nordea says it’s ‘dead serious’ on threat to move HQ from Sweden
Bloomberg Scandinavia’s biggest financial conglomerate, Nordea Bank AB, says a Swedish proposal to increase …
Read More »Turkish Airlines plans revival by 2018 after terror prompts loss
Bloomberg Turkish Airlines is targeting a return to its earlier pace of gains in …
Read More »New breed of long-haul discounter here to stay: IATA
Bloomberg Low-cost airlines targeting inter-continental routes have come and gone since the days of …
Read More »DAE acquires portfolio of ATR 72-600s from GECAS
Dubai / Emirates Business Dubai Aerospace Enterprise (DAE) Ltd. announced it has completed the …
Read More »Cathay Pacific posts first annual loss since 2008
HONG KONG / AP Hong Kong’s Cathay Pacific Airways posted its first annual loss …
Read More »Neiman Marcus puts itself up for sale
Tribune News Service Special to Emirates Business A jewel and luxury fashion industry leader …
Read More »Lufthansa reaches ‘breakthrough’ agreement with pilots union
FRANKFURT / AP German airline Lufthansa has reached a preliminary agreement on a labor …
Read More »Zara owner Inditex reports 10% rise in full-year profit
MADRID / AP Zara fashion brand owner Inditex says strong sales and expansion of …
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