Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Global luxury retailers counting on wealthy Chinese shoppers to raise their sales might be dismayed by recent reports
1970-01-01 08:00
Dubai International Airport, world's busiest, on track to beat 2019 pre-pandemic passenger figures
Passenger numbers at Dubai International Airport this year will eclipse the pre-pandemic passenger figures in 2019, showing the strong rebound in travel after the coronavirus pandemic and lockdowns that grounded aircraft worldwide
1970-01-01 08:00
Japan's economy sinks into contraction as spending, investment decline
Japan’s economy slipped into a contraction in the third quarter, decreasing at an annual pace of 2.1% as consumption and investments shrank
1970-01-01 08:00
Mexican magnate's firm says it's too poor to pay US bondholders the tens of millions owed
The company run by Mexican TV, retail and banking magnate Ricardo Salinas Pliego says it has failed to reach agreement with bondholders in the United States who are owed tens of millions of dollars in past-due payments
1970-01-01 08:00
China’s Economic Activity Mixed as Beijing Steps Up Support
China’s economic activity was mixed in October as consumer spending and industrial output picked up, while investment growth
1970-01-01 08:00
Lease of Gulf waters delayed by whale protection debate must continue, court rules
A federal appeals court has ordered the Biden administration to carry on with an auction of oil and gas drilling leases for Gulf of Mexico waters in 37 days — rejecting arguments by environmentalists
1970-01-01 08:00
Work resumes at Montana mine where 24-year-old worker was killed in machinery accident
Work has resumed at a precious metals mine in south-central Montana a day after an Idaho man died in an underground machinery accident
1970-01-01 08:00
Google CEO Sundar Pichai returns to court to defend internet company for second time in two weeks
Google CEO Sundar Pichai on Tuesday was summoned to federal court for the second time in two weeks to testify in an antitrust trial threatening to topple a pillar of an internet empire that he helped build
1970-01-01 08:00
Judge's ruling advances plan to restructure $10 billion debt of Puerto Rico's power company
A federal judge has tentatively approved a portion of the newest plan to restructure $10 billion of debt owed by Puerto Rico’s power company amid heated negotiations between creditors and the U.S. territory’s government
1970-01-01 08:00
Ken Griffin Sees Miami Possibly Replacing NYC as Finance Capital
Citadel founder Ken Griffin says his new home of Miami could eventually unseat New York’s as the world’s
1970-01-01 08:00
After Nevada crash, federal accident investigators want cars to warn drivers if they're speeding
Federal accident investigators want automakers to install systems on all new vehicles that warn drivers when they go over the speed limit
1970-01-01 08:00
New Jersey casinos, track forfeit $77K in money won by prohibited gamblers, many of them underage
Five Atlantic City casinos and a horse racing track are forfeiting over $77,000 worth of money won by underage gamblers or those who had placed themselves on a list to be excluded from gambling activities
1970-01-01 08:00