Walmart (NYSE:WMT) announced today it was selling its warehouse club-style Best Price Modern Wholesale business to the Flipkart Group, the Indian e-commerce giant in which Walmart has a majority …
Chinese stocks plunge and lead global markets lower as investors weigh escalating US-China tensions running beyond ‘mere tariffs’
Global stocks tanked on Friday as investors weighed tensions between the US and China worsening at an exponential pace. On Friday, China …
World shares retreat on rise in Sino-U.S. tensions
Global shares skidded further from five-month peaks on Friday as a bounce back in European business activity did little to ease the jitters surrounding Sino-U.S. tensions, while gold approached a …
Hotel devastation in Ayai Napa as Cyprus imposes strict rules for Britons until August
HOLIDAYS to one of Cyprus’ main tourist hotspots face devastation in the wake of the coronavirus pandemic, as the nations impose strict rules on UK travellers. Can Britons still visit?
Allea Group announces plans for first Hyatt hotel in Cyprus
In addition, given Limassol’s status as a financial capital of Cyprus, the hotel will not only attract leisure guests but may also prove popular for business travelers, conference-goers and …
Kuwait to shorten curfew, allow hotels and mosques to restart
Kuwait said it would enter “phase three” of its coronavirus restrictions on July 28, enabling taxis to operate and resorts as well as hotels to re-open …
More UAE retailers are finally getting a feel for online and liking it
To put the growth in perspective, online grocery/supermarket as a percentage of total online retail was less than 10 per cent pre-lockdown… and increased to 34 per cent,” s …
BP’s vice-president: Our operations in Azerbaijan run smoothly, safely, in uninterrupted way
“Azerbaijan has always boasted … assignments working for bp’s global businesses and many of them are business leaders or senior managers who have leadership roles in bp’s offices worldwide.
Amazon Nears Deal for Michael B. Jordan’s ‘Without Remorse’ (EXCLUSIVE)
Amazon Studios is in final negotiations to buy worldwide rights to “Without Remorse” from Paramount Pictures, Variety has learned. The Tom Clancy thriller stars Michael B. Jordan as …
Diageo Partners with WaterAid to Provide Clean Water in Myanmar’s urban communities
Diageo Southeast Asia, a global leader in alcohol beverages, today announced a new partnership with WaterAid, an inter …