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Search Result for “Retail”

Showing 1 - 10 of 527

WORLD

Panama court voids Hong Kong firm’s port concession

AFP, Published on 30/01/2026

» PANAMA CITY - Panama’s Supreme Court annulled on Thursday the concession allowing Hong Kong-based CK Hutchison to operate ports at the Panama Canal, a ruling that undermines Chinese sway over the waterway.

BUSINESS

Luxury retailer Saks Global files for bankruptcy

AFP, Published on 14/01/2026

» NEW YORK - US luxury retail group Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said Wednesday it had filed for bankruptcy.

BUSINESS

Luxury retailer Saks Global files for bankruptcy

AFP, Published on 14/01/2026

» WASHINGTON — United States luxury retail group Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said Wednesday it had filed for bankruptcy.

BUSINESS

EU agrees three-euro small parcel tax to tackle China flood

AFP, Published on 13/12/2025

» BRUSSELS - European Union (EU) finance ministers agreed Friday to impose a three-euro duty on low-value imports into the bloc from July 2026 to help tackle a flood of small parcels ordered via the likes of Shein and Temu.

BUSINESS

US unemployment up even as hiring beats expectations in delayed report

AFP, Published on 20/11/2025

» WASHINGTON - The jobless rate in the United States crept up in September 2025 even as hiring exceeded analyst expectations, according to a delayed employment report published Thursday after a record-long government shutdown.

LIFE

Memory chip crunch could drive up smartphone prices

AFP, Published on 20/11/2025

» TOKYO - Shoppers could face higher prices for phones, laptops and other devices next year, manufacturers and analysts warn, as AI data centres gobble up memory chips used in consumer electronics.

WORLD

Japan warns citizens in China over safety amid Taiwan row

AFP, Published on 18/11/2025

» TOKYO — Japan has warned its citizens in China to be careful of their surroundings and to avoid big crowds amid a diplomatic row over Prime Minister Sanae Takaichi's comments on Taiwan.

BUSINESS

US economy in the dark as shutdown cuts off key data

AFP, Published on 30/10/2025

» WASHINGTON - US policymakers, financial institutions and business owners have been flying blind for almost a month as a government shutdown has stopped the release of crucial federal economic data ranging from the size of the labour force to the country’s GDP.

BUSINESS

Amazon to pay $2.5bn to settle Prime enrolment case

AFP, Published on 26/09/2025

» WASHINGTON - Amazon agreed Thursday to pay $2.5 billion to settle allegations from a US regulator that it used deceptive practices to enrol consumers in Amazon Prime and made it difficult to cancel subscriptions.

WORLD

88 postal operators suspend services to US over tariffs: UN

AFP, Published on 07/09/2025

» GENEVA - Postal traffic to the United States plunged more than 80 percent following Washington's imposition of new tariffs, with 88 operators worldwide fully or partially suspending services, the Universal Postal Union said Saturday.