Hugo Boss shrugs off weaker U.S. sentiment
German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across its markets as it…
Tag: BUSINESS
Security alert Altcoins worth $100 billion dropped in hot water
A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits…
Saudi GDP up 12.2% in second quarter, exceeding initial estimate
A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. Saudi Arabia’s real gross domestic…
Sony to buy Destiny developer Bungie for $3.6bn
Japanese technology giant Sony says it will buy video game developer Bungie in a deal worth $3.6bn (£2.7bn). Sony says…
Morocco’s Managem, Glencore to partner in cobalt project
Moroccan mining company Managem said on Wednesday it agreed with miner and commodity trader Glencore (GLEN.L) to produce Cobalt at a plant…
Europe fuels sales growth for French train maker Alstom
French train maker Alstom reported a rise in third-quarter sales on Thursday, bolstered by contract wins in Europe and stronger…
People devote third of waking time to mobile apps
People are spending an average of 4.8 hours a day on their mobile phones, according to app monitoring firm App…
Morocco’s tough COVID restrictions hammer tourism sector
RABAT, Dec 31 (Reuters) – Businesses working in Morocco’s key tourism sector say the country’s tough COVID-19 restrictions, including a…
UBS eyes Mideast expansion with new wealth desk in Dubai -memo
The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, June 22, 2020. REUTERS/Arnd Wiegmann/File…
Alibaba Group Kicks Off 2021 11.11 Global Shopping Festival
Alibaba Group today kicked off its 2021 11.11 Global Shopping Festival. (Photo: Business Wire) October 20, 2021 03:21 AM Eastern…