OPINION: I’min the middle of a two-week stint in Central Otago. I’m touring the towns that need tourists. Riding my bike and enjoying some of New Zealand’s amazing scenery. In preparing for the trip, I took an interest in the various commentators referring to the region’s post-Covid, tourist-free world. Queenstown Mayor Jim Boult has been […]
FILE PHOTO: Bumble founder and CEO Whitney Wolfe Herd sits for a portrait in the Manhattan borough of New York City, U.S., January 31, 2019. REUTERS/Caitlin Ochs/File Photo(Reuters) – Bumble Inc Chief Executive Officer Whitney Wolfe Herd’s stake in the women-centric dating app operator was worth nearly $2 billion, as shares rallied for a second […]
LONDON – Jimmy Choo has a new president, North America in Jaime Wynn. She succeeds Tanya Golesic and will report to Hannah Colman, the brand’s chief executive officer. Wynn has been with Choo for four and a half years as vice president of wholesale and planning. Previously she served in executive sales and planning roles […]
Lastminute.com has been given a further week to meet its agreed timetable for refunds to package holiday customers during the coronavirus crisis. The online travel agent had pledged, under a deal with the Competition and Markets Authority (CMA) last year, to make £7m in payments due to 9,000 customers who had holidays cancelled because of […]
Bombardier will stop making the Learjet later this year to focus on more profitable planes. The decision means the loss of 1,600 jobs in Canada and the US at a time when both aviation and aircraft manufacturing are struggling due to the coronavirus pandemic. Canada will bear the brunt of the losses, with at least […]
As unemployment claims shot up early in the pandemic, so did posts on r/Unemployment, one of the many topic-based forums on the site known as subreddits. The subreddit once typically had fewer than 10 posts a day, but it quickly ballooned to nearly 1,000 posts a day in April and May, Ella Koeze reports for […]
It was déjà vu on the New Zealand sharemarket. The blue chip stocks were still volatile, trading was again cautious and the market shed another half per cent – having fallen in seven of the last eight trading days. The S&P/NZX 50 Index closed down 68.90 points or 0.54 per cent to 12,761.13 after reaching […]
COPENHAGEN (Reuters) – A surge in demand for goods like furniture and exercise equipment from locked-down consumers has sparked a jump in shipping rates, boosting profits for Danish freight giant Maersk, the company said on Wednesday.FILE PHOTO: A worker is seen next to Maersk shipping containers at a logistics center near Tianjin port, in Tianjin, China […]
LONDON — For years, landlords have had the upper hand in London’s real estate market, pushing up rents as businesses clamored for prime locations near offices, tourism hot spots and transport hubs and as the city’s population grew and grew. Restaurants were often locked into leases with clauses that allowed the rent to only go […]
NEW YORK (Reuters) – The S&P 500 was down slightly in volatile trading while MSCI’s gauge of stocks across the globe was barely higher on Wednesday, pausing after recent gains, while the dollar dropped to two-week lows.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January […]