Swedish retailer H&M sues Chinese rival Shein in Hong Kong court
Retail giant Hennes & Mauritz has sued its fast-growing rival Shein in a Hong Kong court for copyright infringement, the Swedish...
2023-07-25 18:53
UPS lowers 2023 revenue expectations, citing tentative labor deal with 340,000 unionized workers
Revenue declined at UPS in the second quarter and the package delivery company lowered its full-year revenue expectations by $4 billion, primarily due to a tentative labor contract reached late last month with its 340,000 unionized workers
2023-08-08 19:59
PepsiCo, Mars See Business Boom in Russia After Staying Behind
Mondelez, Mars Inc. and PepsiCo Inc. had roaring sales in Russia last year, underscoring the strength of the
2023-07-07 10:20
Factbox-Who is OpenAI's interim CEO Emmett Shear?
ChatGPT-maker OpenAI has named ex-Twitch boss Emmett Shear as its interim chief executive officer after the startup ousted
2023-11-20 18:22
China Construction Bank H1 profit up 3.36%
BEIJING/SHANGHAI China Construction Bank Corp (CCB), the first of the country's Big Five lenders to report half-year results
2023-08-23 18:58
Grove Collaborative Changes CEO, Raises $10 Million After SPAC Flameout
Grove Collaborative Holdings is replacing its longtime chief executive officer after the seller of household essentials struggled since
2023-08-15 04:17
Germany Factory Orders Slumped 11.7% at Start of Third Quarter
German factory orders plummeted in July, a sign that the woes of Europe’s biggest economy continued into the
2023-09-06 14:59
Starmer to Warn Britain Faces Rebuild After 13 Years of Tories
Keir Starmer will warn the UK faces a difficult path to recovery as he urges voters to put
2023-10-10 06:25
UK reassures big tech over new encryption rules
The British government on Wednesday gave guarantees to instant messaging platforms over concerns that they could be forced to monitor...
2023-09-07 01:55
Bank of Canada's record tightening campaign exposes lenders' mortgage risks
By Nivedita Balu TORONTO The Bank of Canada's interest rate hike on Wednesday and prospects of more increases
2023-07-13 18:25
Egypt Climate Bond May Get Vital Guarantee From Asian Bank
The Asian Infrastructure Investment Bank, a multilateral development bank, is in talks to guarantee a climate-related bond being
2023-06-22 23:59
BOJ Deputy Governor Uchida: Will maintain yield control to sustain easy policy
By Leika Kihara TOKYO Bank of Japan (BOJ) Deputy Governor Shinichi Uchida said the central bank will maintain
2023-07-07 05:50
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