Authentic Brands taps former H&M exec to helm Forever 21
Forever 21’s new co-owner Authentic Brands Group said on Tuesday it had appointed former H&M executive Daniel Kulle as the new chief executive officer of...
Coronavirus clouds Apple’s timeline for new iPhones
Travel restrictions to China because of the coronavirus have come just as Apple Inc’s engineers usually jet off to Asia to perfect the production of...
U.S. regulator: Airlines should complete inspections on 737 MAX panels before flying
The Federal Aviation Administration (FAA) on Tuesday proposed that airlines complete inspections on a key component that could make Boeing 737 MAX airplanes vulnerable to...
Investors piled into volatility bets before market tumble
Fears of a coronavirus-fueled slowdown have injected volatility back into markets, but some investors may be less exposed this time around....
TPC plans to cut staff at Texas plant hit by November blast: sources
Chemical maker TPC Group [TPCL.UL] plans to cut at least 100 employees by the end of April at its Port Neches, Texas, petrochemical plant, the...
JPMorgan executives say bank is big enough to weather any storm
JPMorgan Chase & Co executives tried to reassure investors on Tuesday that the bank can thrive during times of market and economic stress, due to...
Fearing coronavirus, Hong Kong’s ‘coffin home’ dwellers stay indoors
To escape the confines of his Hong Kong “coffin home”, or two square meters (21.5 square feet) of living space, Simon Wong usually spends his...
Countries must shift mindset to virus preparedness: WHO
Countries around the world need to think about preparing for an outbreak of the coronavirus and be ready to respond rapidly when it arrives, a...
U.S. health officials raise alarm about likely local spread of coronavirus
The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday alerted Americans to begin preparing for the spread of coronavirus in the United States...
Cash-starved Cuban state sells used cars for dollars for first time
Cuba’s cash-strapped government on Tuesday began selling used cars for dollars at a single Havana outlet, a first for the Communist-run state and a further...