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Bloomberg Ceconomy AG, Europe’s biggest consumer-electronics retailer, eliminated its dividend and warned that earnings will ...
Read More »Ceconomy latest victim of retail crisis
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Retailer accuses Amazon of copying furniture
Bloomberg Williams-Sonoma Inc. sued Amazon.com Inc. in a case that challenges the online retailer’s private ...
Read More »UK retail bonds decline amid shopping season
Bloomberg Bonds of UK retailers extended declines as the industry’s crisis deepens in the run-up ...
Read More »Saudi Arabia boosts spending in 2019 budget to SAR1.106 trillion
RIYADH / WAM The Saudi Council of Ministers, chaired by the Custodian of the Two ...
Read More »Adnoc, Cepsa award Spanish firm key contract in Ruwais
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) and its project partner ...
Read More »UAE handles AED1.2trn cheques in 11 months
ABU DHABI / WAM A total of 22.5 million cheques worth AED1.2 trillion were handled ...
Read More »Mubadala, Dubal, EGA to sign AED1bn JV deal
ABU DHABI / WAM Emirates Global Aluminium (EGA), Mubadala and Dubal Holding will sign an ...
Read More »Cosco, Abu Dhabi Terminals enter cooperation pact
ABU DHABI / Emirates Business Abu Dhabi Terminals (ADT) and CSP —Abu Dhabi sign an ...
Read More »Investment Corporation of Dubai records AED10bn net profit in H1
Dubai / WAM Investment Corporation of Dubai (ICD) announced its consolidated financial results for the ...
Read More »Masdar-backed wind farm in UK gets AED5.9bn refinancing
ABU DHABI / WAM The owners of the 402-megawatt (MW) Dudgeon wind farm in Britain’s ...
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