Bloomberg Next, one of Britain’s biggest fashion retailers, warned that 2016 was set to be its toughest year since the global financial crisis, sending its share price tumbling. “The year ahead may well be the toughest we have faced since 2008,” chief executive Simon Wolfson said in the company’s annual results statement as Next slashed its sales forecast. “We are ...
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March, 2016
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26 March
Cage-free eggs may be golden goose for retail profits
Bloomberg US retailers adopting cage-free eggs sooner rather than later could gain a profit advantage over competitors. Retailers, including Albertsons Cos., Kroger Co. and CVS Health Corp., announced plans this month to convert to 100 percent cage-free eggs in the next decade, amid a push from consumers and shareholders at US firms. The change likely won’t hurt profits for retailers. ...
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26 March
Delivering innovation, reliability and quality
Sunaina Rana / EMIRATES BUSINESS Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and information, makes its customers more productive and the world more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs over 22,000 people serving customers in more than 80 countries. Neil Enright, Regional Sales Director, Middle East, told Emirates Business, “I am proud to be ...
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26 March
Committed to foster customer-centric culture
Sunaina Rana / EMIRATES BUSINESS Chemours helps to create a colourful, capable and cleaner world through the power of chemistry. It is a leading chemical company, which is a global leader in titanium technologies, fluoroproducts and chemical solutions. The company’s goal is to provide its customers with solutions in a wide range of industries through market-defining products, application expertise and ...
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24 March
UAE, Russia to boost trade ties
Moscow / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Thursday discussed with President of Russia Vladimir Putin ties of friendship and co-operation between the two countries. They also tackled overall regional and international issues of mutual interest. Putin welcomed Sheikh Mohamed, expressing his ...
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24 March
Dubai Tourism, DED tie up to safeguard Dubai logo
Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) is collaborating with the Department of Economic Development (DED) in Dubai to officially implement and regulate the terms of use for the Dubai brand logo. The use of the Dubai brand logo across any activity must be approved by Dubai Tourism, through the application of a consent ...
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24 March
Call to use new tech for biz efficiency
Dubai / WAM The 5th Dubai Hamburg Business Forum organised in Dubai by Dubai Chamber of Commerce and Industry on March 22, concluded with a call to make use of the latest developments in technology and innovation to enhance efficiency of business in various sectors. Organised under the theme, ‘The Internet of Things – Innovation to Connect’, the forum was ...
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24 March
Etihad launches ‘accounting centre of excellence’ in Al Ain
ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, announced the official opening of its dedicated Revenue Accounting Centre of Excellence in Al Ain. The centre, known as Global Business Service Solutions (GBSS), aims to become a pioneer in revenue accounting whilst creating long-term economic value for Al Ain and the emirate of Abu Dhabi. ...
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24 March
Sharjah Tourism at ‘Moscow Exhibition’
SHARJAH / WAM The Sharjah Commerce and Tourism Development Authority (SCTDA) is participating for the seventh year in a row in the Moscow International Travel and Tourism Exhibition (MITT) from March 23-26, at the Expocentre Fairgrounds in Moscow, Russia. The SCTDA is leading the Sharjah delegation which includes representatives from each of the Sharjah Airport Travel Agency, Sharjah International Airport ...
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24 March
Air Arabia flies to Sarajevo
SARAJEVO, SHARJAH / WAM Air Arabia launched its inaugural flight from Sharjah to Sarajevo, capital of Bosnia and Herzegovina. The delegation on the inaugural flight was led by the Chairman of Air Arabia, Sheikh Abdullah bin Mohamed Al Thani. Flights to Sarajevo, the capital and largest city of Bosnia and Herzegovina, operate thrice weekly on Wednesdays, Fridays and Sundays, departing ...
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