S.Korean shoppers go the distance to beat Chanel price hike
More than a hundred shoppers waited in line outside a Chanel store in Seoul on Wednesday, shrugging off concerns about a second wave of coronavirus...
Over 300 lawmakers worldwide urge IMF, World Bank to cancel poor countries’ debt
Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries...
Tesla, county reach deal to allow automaker to reopen U.S. plant next week
Tesla Inc and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that...
Chanel says increasing prices on handbags, small leather goods
French luxury house Chanel said on Wednesday it was increasing prices on its handbags and some small leather goods worldwide to take into account a...
Futures turn negative as Fed’s Powell warns of prolonged recession
Dow and S&P futures turned negative on Wednesday as Federal Reserve Chairman Jerome Powell warned of a prolonged U.S. recession due to the coronavirus outbreak...
Fed’s Powell says economy may face ‘extended period’ of weak growth
Federal Reserve Chair Jerome Powell, in a sober review of where the U.S. economy stands on the cusp of its reopening, said on Wednesday the...
Tesla can prepare to reopen U.S. plant in California as early as next week
Tesla Inc can take additional steps ahead of a potential reopening of its California assembly plant as soon as Monday after Chief Executive Elon Musk...
Futures climb ahead of Fed Chair Powell’s address
U.S. stock index futures rose on Wednesday, after Wall Street’s main indexes fell sharply in the previous session, with markets also awaiting comments from Federal...
Airline SAS to require face masks on all flights
Swedish-Danish airline SAS said on Wednesday wearing a face mask would be compulsory on all its flights through to the end of August to reduce...
Qatar Airways in talks to defer Airbus, Boeing orders: SCMP
Qatar Airways, one of the Middle East’s biggest airlines, is in talks with Airbus and Boeing to defer aircraft orders for several years, its chief...