Scarred and scared: post-Covid consumers not their old selves
Michael Clark of Amy’s Housewares has one big fear as its London stores prepare to reopen on June 15 along with other retailers around Britain:...
EasyJet CEO warns UK quarantine could lead to more job losses
EasyJet could have to make further job cuts if the government’s quarantine policy continues for a long period, the airline’s chief executive warned....
Factbox: Who’s bidding to be next World Trade Organization chief?
The World Trade Organization (WTO) began the process on Monday of selecting a new director-general to replace Brazil’s Roberto Azevedo, who is stepping down a...
Galeries Lafayette’s Champs Elysees store struggles as group faces $1 billion hit: CEO
Galeries Lafayette’s [GALP.UL] new outlet on the Champs Elysees is struggling because people are staying away from the famous Paris boulevard due to COVID-19, according...
UK luxury brand Mulberry to cut 25% of workforce
British luxury brand Mulberry plans to cut its global workforce by about 25% as it seeks to reduce its cost base with demand hit by...
Global stocks pause after recent run
World shares paused on Monday as investors turned cautious after a 42% surge since March, as economies continued to struggle with the effects of the...
Thai Airways rehabilitation may take up to seven years, legal advisor says
The rehabilitation of flag carrier Thai Airways International Pcl may take up to seven years, the airline’s legal advisor said on Monday....
HK residents rush for offshore bank accounts on China law worries: sources
Banks including HSBC, Standard Chartered and Citigroup have seen a spike in enquiries from Hong Kong residents about opening offshore accounts amid concerns stemming from...
Hong Kong activist investor David Webb to step back for health reasons
Hong Kong activist investor David Webb has said he will step back from posting his widely read critiques of companies and the city’s government after...
Jobs come first in South Korea’s ambitious ‘Green New Deal’ climate plan
The first stages of a South Korean government “Green New Deal” aiming to retool one of the world’s most fossil fuel-reliant economies is focused instead...