
David Jones, Australia's longest-running department store, falls into collapse
Australian retailer David Jones has collapsed after 188 years, but its 38 physical stores and online sites will keep trading while receivers review the business.

Australian retailer David Jones has collapsed after 188 years, but its 38 physical stores and online sites will keep trading while receivers review the business.
Global asset managers and private equity firms are setting up offices in Abu Dhabi to take part in a fast-growing secondary market, where record deal volumes have been reported.
Design platform Canva has announced large job cuts, with more than 1,000 employees set to lose their jobs or be asked to take on different roles.

A supplier to the UK discount chain Poundland says it would lose millions if the retailer collapses, and other suppliers have said they would be forced out of business.

Leeds-based supermarket Asda has named David Potts to take charge of the company with immediate effect.

Founded by Riyadh-based Alsadoun, HiHome lets tourists stay with local families in their homes rather than in hotels, a model that began in 2019 as Saudi Arabia started issuing tourist visas.
Car finance customers may be entitled to compensation linked to commission arrangements between lenders and dealers.

A new report has found that people in Britain are less engaged with their jobs and less willing to go beyond their basic duties.

A regulator has said it supports lenders making early compensation offers to drivers caught up in the car finance dispute, provided the offers are fair.

Abu Dhabi's XRG has agreed to acquire Shell's stake in the North West Shelf LNG project for $1.45 billion, pending regulatory approvals.
Steve Smith, who previously owned the discount retailer Poundland, has offered to invest in the business as a minister prepares to meet its board.

Ryanair has said it may freeze pay for its workers because fuel prices are rising sharply.

Gunjan Gangwani, co-founder of KRMA Solutions, says she measures success by the difference her ventures make, and describes Barkat Meal as an effort to make wholesome food affordable for Dubai's workers.
Sunita Bhambhani Shah of MEPL International says the freight firm is focused on GCC, CIS and Eurasia markets and on diversified logistics solutions ahead of 2027.
Saudi oil company Aramco has taken a 49 per cent stake in a Saudi artificial intelligence company.
Jewellers say hollow gold designs let buyers wear bold, voluminous pieces for less, as gold prices have softened in the Gulf and India.
Rival cryptocurrency platforms are strengthening their defences after a major security breach at Binance, which affected an estimated $6.3 billion in digital assets.
Chocolate and other sweets have become noticeably more expensive ahead of Halloween, leading many shoppers to hunt for discounts.

Technology stocks in the United States fell sharply, with Intel's share price extending its losses and the tech-heavy Nasdaq opening at its lowest level in over two months.

The UAE Ministry of Finance has announced updated administrative penalties linked to its electronic invoicing system before it is rolled out.