Showing 1 - 10 of 36
PP Group restructures business model as sector evolves
Business, Pitsinee Jitpleecheep, Published on 13/10/2023
» PP Group, the distributor of luxury fashion brands such as Givenchy, Tory Burch and Longchamp, has strategically restructured its business model to align with the industry's evolving landscape.
Consumers hold recession fears at bay
Business, Dasha AfanasievaThomas Mulier, Published on 29/04/2023
» Heightened worries about the strength of consumers and the global economy have been put on hold -- at least for now -- after some of the world's best-known companies delivered a slew of better-than expected numbers.
Airbus pays 15.9m euros to close French corruption probe
AFP, Published on 01/12/2022
» PARIS: A French judge on Wednesday allowed European aerospace firm Airbus to pay 15.9 million euros ($16.4 million) to avoid a corruption probe into aircraft deals in Libya and Kazakhstan between 2006 and 2011.
Chip crisis pushes European car sales to new low
AFP, Published on 18/01/2022
» PARIS - EU car sales fell to a new low last year as the auto sector was hobbled by the Covid pandemic and a shortage of computer chips, industry figures showed Tuesday.
Struggles facing China's Evergrande not panicking markets - yet
AFP, Published on 15/09/2021
» NEW YORK: Debt-crippled Chinese real estate giant Evergrande's troubles are being watched closely by foreign investors, but markets do not seem to fear a major contagion, at least so far. With a debt load of $300 billion, the threat of bankruptcy is real, especially as Evergrande hinted on Tuesday that it may not be able to pay its creditors.
Slow Covid-19 Vaccine Rollout, New Variants Shift Some Business Plans
Business, Sarah Krouse, Published on 09/02/2021
» The slow start of the Covid-19 vaccine rollout, along with the arrival of new virus variants, has dashed some business leaders' hopes for getting back to normal in 2021.
LVMH Tells Tiffany Staff to Return to Office Two Days a Week
Business, Suzanne Kapner, Published on 08/02/2021
» After taking control of Tiffany & Co., LVMH Moet Hennessy Louis Vuitton SE is telling the U.S. jeweler's employees to come back to the office.
Hong Kong airport passenger numbers plunge 89% for year
South China Morning Post, Published on 13/01/2021
» Fewer than 9 million passengers passed through Hong Kong International Airport last year, the lowest level since 1985, new data is expected to show this week, reflecting nearly a full year of Covid-19's devastating impact on air travel.
SPACs on the rise on Wall Street and beyond
AFP, Published on 09/12/2020
» NEW YORK - Jay-Z, Shaquille O'Neal and Martin Luther King III have been among the prominent figures to recently join Wall Street's SPAC craze.
Pass touted as quarantine alternative
News, Kamolwat Praprutitum, Published on 30/11/2020
» The International Air Transport Association (IATA) says it is in the final development phase of the IATA Travel Pass, a digital health certificate that will support the safe reopening of borders and contribute to a speedy recovery of the airline industry worldwide from the Covid-19 pandemic.