Frankfurt / AFP Sports giant Adidas said that it expects revenues and profits this year …
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Retail giant Costco hikes entry level wages for first time since 2007
NEW YORK / AP Costco is raising entry-level wages for its hourly workers for the first …
Read More »German retailer Metro eyes expansion in Myanmar, Iran
Frankfurt / Bloomberg German retail and distribution giant Metro will decide by the end of …
Read More »Banks’ hands tied as Basel tightens rules
Bloomberg Banks’ options for gauging the risk of incurring losses from events such as fraud, …
Read More »Singapore banking secrecy makes ripe target for IRS
Bloomberg The Internal Revenue Service (IRS) is seeking to force UBS Group AG to turn …
Read More »Bank of America bond revenue pegged to decline this year
BLOOMBERG Bank of America Corp. (BofA) has generated less revenue from its equity and fixed-income …
Read More »Barclays Kenya annual profit flat as loss provisions grow
Bloomberg Barclays Africa Group’s Kenyan unit reported full-year profit that was little changed as bad …
Read More »Clean-up drive: ECB closes Scandal-hit Baltic bank
RIGA / Bloomberg A Latvian lender linked to a string of money-laundering probes was closed …
Read More »Boosting quality of the community
SUnaina Rana / EMIRATES BUSINESS As Ralph Nader said — the function of leadership is …
Read More »Contributing to the welfare of the society
Our Correspondent / EMIRATES BUSINESS Dulsco, a regional leader in human resource solutions and waste …
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