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UAE to impose fine on those manipulating market PDF Print E-mail
Tuesday, 31 May 2011 11:21

The UAE's ministry of economy is set to enforce penalties involving fines of up to Dhs1m ($272,250) against dealers trying to manipulate the market by raising prices of consumer products without prior official permission, Emirates 24-7 has reported.

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4000 Eftpos terminals face the axe tomorrow PDF Print E-mail
Tuesday, 31 May 2011 11:19

More than 4000 Eftpos terminals could be disconnected from the country’s largest electronic transaction processing network tomorrow, when Paymark pulls the pin on its outdated terminals.

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Goodbye, Mr Chips - US french fry giant gets nod for buy-out PDF Print E-mail
Tuesday, 31 May 2011 11:18

Simplot (Mr Chips) Holdings has obtained Overseas Investment Office permission to buy the 34% of shares it doesn‘t own from other shareholders.

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BRC says UK consumers do not share growing international optimism PDF Print E-mail
Tuesday, 31 May 2011 11:10

Latest figures from the British Retail Consortium (BRC) and the Nielsen Company have shown that consumer confidence levels in the UK were down nine points lower in the first quarter of 2011 than at the end of 2010.

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Poor mobile coverage is depriving UK retailers of up to £1.3 billion PDF Print E-mail
Tuesday, 31 May 2011 11:08

A survey commissioned by Ebay has found that the UK retailers could be losing out to the tune of £1.3 billion as poor mobile phone networks discourage many consumers from shopping via their phones.

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Sainsbury's plans major expansion of Click & Collect service PDF Print E-mail
Tuesday, 31 May 2011 11:07

Sainsbury's has announced plans to more than double the number of stores offering its Click & Collect service by the end of the year in an effort to boost sales of non-food items such as homewares and electrical goods.

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