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Markets

Disney to close 60 North American retail stores, focus on e-commerce

Walt Disney Co will close at least 60 Disney retail stores in North America this year as the company revamps its digital shopping platforms to focus on e-commerce, the company said on Wednesday.

Markets

Sustainability: the rise of green agendas

SINGAPORE is showing strong international leadership on its sustainability drive, with ambitious and concrete targets as part of a new initiative called the Singapore Green Plan 2030.

Markets

American Eagle forecasts higher spending for fiscal 2021

American Eagle Outfitters Inc forecast higher spending for fiscal 2021 on Wednesday, as the apparel retailer plans supply chain investments to ensure fast delivery and easy shopping for consumers making online purchases.

Markets

US economy got off to modest start in 2021, Fed says

The US economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing "robust," but the job market only showing slow improvement, the Federal Reserve reported on Wednesday (Mar 3).

Markets

Huawei CFO’s lawyers say Trump interference should get extradition cancelled

Huawei Chief Financial Officer Meng Wanzhou became a bargaining chip in an international trade war after former US President Donald Trump made comments about intervening in her case, a Huawei defence lawyer claimed on Wednesday as he argued to have her US extradition case dismissed.

Markets

Rocket short sellers regroup as stock tumbles over 30% after surge

A wild rally in shares of Rocket Companies that saw the stock rise 70 per cent in an apparent short squeeze has attracted fresh bets that the stock price will decline.

Markets

Rocket short sellers regroup as stock tumbles over 30per cent after surge

A wild rally in shares of Rocket Companies that saw the stock rise 70per cent in an apparent short squeeze has attracted fresh bets that the stock price will decline.

Markets

Exxon scales back shale ambitions to focus on lower costs, dividend preservation

Exxon Mobil Corp on Wednesday unveiled plans to grow dividends and curb spending with projections that were muted from previous years after the top U.S. oil and gas producer posted a historic annual loss for 2020.

Markets

US Postal Service will offer early retirements, consolidate postal districts

The U.S. Postal Service said on Wednesday it is offering early retirement to non-union employees as it consolidates postal districts as part of an effort to stem billions in red ink.

Markets

Dollar Tree to reformat several stores for one-stop shopping during COVID-19 pandemic

Dollar Tree Inc said on Wednesday it would reformat a large number of its stores selling discretionary goods to include essentials, making it convenient for customers taking fewer trips outside their homes during the pandemic.

Markets

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