With vaccinations of more than half the U.S. population done, retailers and brands are gearing up for consumers to come back to physical stores — in full force. But pandemic-related, consumer behavior changes are not likely to disappear anytime soon. A preference for online shopping, curbside pickup, and buy online, pickup in-store are some of […]
Tens of thousands of American yellow school buses will be given a new owner on Friday when their London-listed parent announces that it has offloaded them in a deal worth about $4.6bn (£3.3bn). Sky News has learnt that FirstGroup, which also runs bus and train services in Britain, will announce to the stock market that […]
The NZ Shareholders’ Association will vote proxies against the de-listing of QEX Logistics (QEX) in any upcoming vote of shareholders. The associationbelieves the move by the company is unprecedented on the NZX. NZSA believes the future of the company is best decided within the transparency provided by a public listing and the accountability provided by […]
The Neiman Marcus Group has established an environmental social governance team for the first time. “Now more than ever, environmental sustainability is top of mind for the fashion and retail industries,” Geoffroy van Raemdonck, chief executive officer, Neiman Marcus Group, said Thursday, Earth Day. “As the preeminent luxury customer platform, it’s our responsibility to take […]
LONDON (Reuters) – The European Union needs to study the rise of special purpose acquisition companies (SPACs) but it is too early to say if they are a “bubble”, the executive director designate for EU securities watchdog ESMA said on Thursday.FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, March […]
Finance Minister Grant Robertson has proposed giving himself new powers over bank lending. This morning, Robertson revealed the details of the Deposit Takers Bill, which includes details of deposit protection in the event that a bank collapses, with the Government guaranteeing deposits of up to $100,000 per eligible institution. While the Government has long signalled […]
BEIJING (BLOOMBERG) – China Huarong International Holdings, the key offshore financing arm of the nation’s embattled distressed loan manager, said it returned to profit in the first quarter and has laid a “solid” foundation for transformation as concerns persist over its ability to repay debt. The unit, which issued or guaranteed most of China Huarong […]
The publisher of the Daily Mail has filed an antitrust complaint against Google and its parent Alphabet in the US over its advertising and search activities, dealing a setback to the tech company’s efforts to end its long-running war with news publishers. The lawsuit filed by Associated Newspapers and Mail Media in the Southern District […]
(Revises throughout, updates prices, adds action in Canadian dollar, emerging markets)FILE PHOTO: U.S. dollar banknote is seen in this picture illustration taken May 3, 2018. REUTERS/Dado Ruvic/IllustrationNEW YORK (Reuters) -The dollar rose on Tuesday as interest rates in the United States moved in a tight range and a drop in oil prices hit crude-linked currencies. […]
(Revises throughout, updates prices, adds action in Canadian dollar, emerging markets)FILE PHOTO: U.S. dollar banknote is seen in this picture illustration taken May 3, 2018. REUTERS/Dado Ruvic/IllustrationNEW YORK (Reuters) -The dollar rose on Tuesday as interest rates in the United States moved in a tight range and a drop in oil prices hit crude-linked currencies. […]