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
2023-11-15 12:21
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
2023-11-15 11:46
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
2023-11-15 10:47
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
2023-11-15 10:25
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
2023-11-15 10:16
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
2023-11-15 08:26
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
2023-11-15 08:20
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
2023-11-15 07:24
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
2023-11-15 07:22
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
2023-11-15 06:29
After fire kills 3, NYC officials say retailers, delivery apps must do more to ensure e-bike safety
New York City officials say retailers and food delivery companies must do more to halt the proliferation of unsafe e-bike and e-scooter batteries, after a fire blamed on an electric scooter’s lithium ion battery killed three people
2023-11-15 04:25
PGA Tour parsing private investment deals as the clock ticks on its Saudi deal
The PGA Tour is trying to narrow the list of potential investors as it works toward a Dec. 31 deadline to complete its deal with Saudi Arabia's national wealth fund
2023-11-15 04:24