by Michael Corkery | Apr 22, 2017 | Business
New York – Along the cobblestone streets of SoHo, Chanel handbags and Arc’teryx jackets are displayed in shops like museum pieces, harking back to the height of the neighborhood’s trendiness. But rents there are softening, and the number of vacant storefronts is...
by Musaid Al-Zayani | Mar 29, 2017 | Business
Dubai – Amazon completed on Tuesday its acquisition of Souq.com, the Middle East’s largest online retailer. A joint statement revealed that the agreement brings Amazon into a fast-growing market as it expands into a wide range of services. The deal’s...
by Asharq Al-Awsat English | Jul 6, 2016 | Business
Britain’s blue-chip share index fell on Wednesday, with a sharp sell-off in retail and property-related stocks outpacing a rally in precious metals miners after prices of safe-haven gold hit a two-year peak. The FTSE 100 fell 0.5 percent by 0846 GMT. The...
by Abdulilahi Al-Shadid | Jul 18, 2013 | Business
Riyadh, Asharq Al-Awsat—A report published by the Saudi Central Department for Statistics and Information has revealed that GDP has grown by 2.1 percent in the first quarter of this year, compared to 4.4 percent for the previous quarter, and 6.6 percent for the...
