Business Blog

Summit in UAE to discuss food safety and security challenges

Food safety & security has been a growing concern for UAE. Highlighting the latest technology to prevent food poisoning, cross-contamination and other food-related problems, the Food Safety & Quality Summit commenced today at Beach Rotana, Abu Dhabi. Supported by Health Canada, Supply Chain & Logistics Group and Halal Research Council the summit elaborated on crucial issues related to

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Thousands face tax raid on accounts

An estimated 17,000 people a year will have their accounts raided for unpaid tax under new rules, according to the UK tax authority.

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Sainsbury's reports rise in profits

UK supermarket chain Sainsbury's reports a 16.3% rise in annual pre-tax profit to £898m for the year to 15 March.

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Bid target Alstom sees profits fall

French engineering group Alstom, which is currently embroiled in a takeover battle for its power business, reports a drop in full year profits.

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'Most non-Scots firms' back Union

Most businesses outside Scotland want the nation to remain in the UK, according to a survey by the British Chambers of Commerce.

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HSBC profits hit by revenue drop

HSBC profits have dropped 20% in the first quarter after a drop in revenues at HSBC's investment bank and last year's figures being boosted by asset sales.

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