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Zara and H&M Shore Up Defenses as Internet Threatens

Logistics investments, new technology... Faced with fierce online competition from the likes of Amazon, affordable fashion giants Zara and H&M are shoring up their defenses, trying to use their stores to boost internet sales.

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U.S. Investigating Deadly Hyundai, Kia Airbag Failures

The U.S. National Highway Traffic Safety Administration has opened an investigation into a series of deadly crashes in which airbags in Hyundai and Kia cars failed to inflate.

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Abu Dhabi Awards France's Total Stakes in Oil Concessions

Abu Dhabi state energy company ADNOC said Sunday it had awarded French oil giant Total stakes in two offshore oil concessions, as it looks to boost production by year's end.

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Deutsche Bank Says 2017 Loss Bigger than First Announced

Germany's top lender Deutsche Bank on Friday said it made a net loss of 751 million euros in 2017, far greater than the loss announced in preliminary figures last month.

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Trump to Consider Trade Measures against China 'in Coming Weeks'

A senior White House advisor on trade said Thursday that President Donald Trump would soon consider fresh punitive measures against Beijing over its "theft" of U.S. intellectual property.

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EU, U.S. to Meet 'Next Week' to Discuss Trade Tariffs

U.S. Commerce Secretary Wilbur Ross and EU Trade Commissioner Cecilia Malmstroem will meet next week to try to defuse a trade row sparked by controversial U.S. steel and aluminum tariffs, EU sources said Thursday.

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Car Costs Make Singapore World's Priciest City. Again.

The eye-watering cost of owning a car in space-starved Singapore means the city state is the world's most expensive place to live, for the fifth year in a row, a survey said Thursday.

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Venezuela Could Tip Oil Market into Deficit, Says IEA

A dramatic decline in oil production in crisis-hit Venezuela could tip the global crude market into deficit, the International Energy Agency said Thursday, helping wipe away a glut that has depressed prices for years.

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SGBL and Homenetmen Beirut Launch Their Co-Branded Cards Collection

SGBL, Mastercard and Homenetmen Beirut Basketball Club celebrated the launch of their collection SGBL-Homenetmen co-branded cards on Tuesday March 13, 2018 at Caprice. SGBL’s Executive Management, Mastercard Senior Representatives, the management and teams of Homenetmen Club, numerous guests, as well as the media, gathered in a “dynamic and friendly atmosphere,” SGBL said in a press release.

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U.S. Proposes WTO Reforms Likely Targeting China

The United States has proposed World Trade Organization reforms that would punish members for violating basic rules, in what appears to be another move by Washington targeting China, according to documents seen by AFP Wednesday.

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