HONG KONG: Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year's Singles' Day online shopping festival, as the country recovers from the pandemic. The shopping festival, which is the world's largest and falls on Nov 11 every year ...
Dealers in India for Harley-Davidson Inc said on Tuesday they are exploring legal action against the iconic American motorcycle brand after it effectively abandoned the market as part of a broader restructuring plan.
PARIS: France's unemployment rate rose to its highest level in two years in the third quarter, the INSEE statistics office said on Tuesday (Nov 10), as the euro zone's second-biggest economy grapples with the fallout from the COVID-19 crisis. INSEE said the jobless rate jumped to 9 per cent from...
LONDON: UK unemployment rose to its highest level since 2016 in the three months through September as the COVID-19 pandemic forced employers to shed workers, the Office for National Statistics said Tuesday (Nov 10). The unemployment rate increased to 4.8 per cent in the period, up 0.3 percentage ......
Shareholders of Unibail-Rodamco-Westfield (URW) have voted against a planned 3.5 billion euro (US$4.15 billion) rights issue, the shopping mall owner said on Tuesday.
BERLIN: Germany's Lufthansa on Tuesday launched an offering for around 525 million euros (US$620.97 million) of senior unsecured convertible bonds due in 2025. The airline, which is reeling from the impact of the coronavirus pandemic on travel, said it would use the proceeds for general corporate ...
German sportswear firm Adidas expects sales to return to growth in China in the fourth quarter and predicted a similar level of sales decline overall as it reported in the third when it saw a rebound from earlier coronavirus lockdowns.
German logistics group Deutsche Post AG said on Tuesday it was working on securing the capacity it needs to handle a big rise in ecommerce over the Christmas season, which will determine whether it meets the upper end of its outlook.
An apparent breakthrough in a coronavirus vaccine weakens the case for another large U.S. fiscal stimulus bill, but relief is still needed for struggling businesses to create a bridge for the economy, investors said.
BEIJING/SHANGHAI: China's market regulator on Tuesday published draft rules aimed at preventing monopolistic behavior by internet platforms, in a move that will increase scrutiny on the country's e-commerce marketplaces and payment services. China's State Administration for Market Regulation ...
