Published by Reuters UK LONDON (Reuters) -British supermarket group Asda has recruited former Tesco executive Ken Towle as its new retail director with responsibility for all stores, it said on Wednesday. The UK’s third largest grocer, owned since last February by Mohsin and Zuber Issa and private equity company TDR Capital, has been without a
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Published by Reuters WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in December, pointing to underlying labor market strength at the end of 2021. Private payrolls surged by 807,000 jobs last month, the ADP National Employment Report showed on Wednesday. Data for November was revised lower to show 505,000 jobs added instead of
U.S. private payrolls beat expectations in December- ADP Read More »
Published by Al-Araby A Saudi sovereign wealth fund is close to buying out the current owners of the prestigious Italian football club Inter Milan for $1 billion, according to reports. Saudi Arabia’s Public Investment Fund (PIF), which recently led a consortium in the takeover of English football club Newcastle United, would become a majority shareholder
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Published by Al-Araby Posters that featured offensive images of the Saudi royals in a south Beirut suburb, where Hezbollah enjoys strong support, were ordered to be taken down by the Lebanese interior ministry. The posters appeared on the streets of Dahieh, a predominantly Shia Muslim suburb, shortly after the leader of Hezbollah, Hassan Nasrallah, accused
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Published by Al-Araby The UAE formally joined the UN Security Council Tuesday, alongside Albania, Brazil, Gabon and Ghana, ready to serve a two-year term. The 15-member council is the UN’s most powerful body, with members able to shape international approaches to peace and security across the world. The UAE ambassador to the UN, Lana Nusseibeh,
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Published by Reuters UK By Joseph White and Gilles Guillaume (Reuters) – Amazon.com Inc and Stellantis NV said Wednesday they will collaborate to develop cars and trucks with Amazon software in the dashboards, and deploy electric vans made by Stellantis on Amazon’s delivery network. The agreements expand Amazon’s efforts to get a bigger foothold in
Amazon and Stellantis partner to deploy smarter cars, cleaner vans Read More »
Published by DPA Germany has topped a ranking of European countries when it comes to personal wealth, according to a Swiss study published on Wednesday. The country accounted for 16.4 trillion euros (18.6 trillion dollars), followed by 12.6 trillion in France, and 10 trillion each in Britain and Italy, the Zurich-based Redesigning Financial Services (RSF)
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Staff Report, Srinagar US-made M-4 carbine gun is turning out to be a favourite weapon of militants in Kashmir as 2 more assault rifles were recovered in Pulwama.The recovery was made as three militants including a Pakistani resident belonging to Jash-e-Mohammad outfit were killed after an encounter broke out between militants and government forces in Changam
Staff Report, Srinagar:Corrupt employees who burn a hole on your pocket and empty state exchequer will not get passport in Jammu and Kashmir. The Department has to furnish the report on the employee for processing of Passport, but seperate vigilance clearance is not required for getting passport. The UT government has asked passport authorities as well
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Staff Report The authorities have said that there will be no additional booking cost while the passengers of cancelled flights from Srinagar airport will also get full refunds. As many as 42 flights which were scheduled to operate to and fro from Srinagar ‘international’ airport here were cancelled due to poor visibility following rains and
