Retailers in Los Angeles and other major cities in the U.S. are on offense over fears that Election Day, and possibly the days after, could result in public upset that might lead to property damage and theft. Still a day before the U.S. presidential election, scores of retailers throughout Los Angeles, from major luxury brands […]
J.C. Penney and its majority first-lien lenders have reached a settlement with the retailer’s minority first-lien lender group, setting the stage for a bankruptcy sale hearing that is now scheduled for Nov. 9. The parties revealed the settlement agreement, which was negotiated through the course of a parallel mediation process, ahead of a sale hearing […]
Singapore has established itself as a hub for real estate investment trusts (Reits) over the past two decades. Now, following the initial blow from the Covid-19 outbreak, its Reits are slowly coming back to the market with a mission: resume their global expansion. Mr Gordon Tang and his wife Celine, who have one of the […]
SINGAPORE – There is deep potential for the insurance industry to digitalise and it should ride the digital wave to ready itself for future challenges, said Deputy Prime Minister and Finance Minister Heng Swee Keat. Speaking at the launch of the Global-Asia Insurance Partnership, a new tripartite partnership between the global insurance industry, regulators and […]
HONG KONG (Reuters) – China International Capital Corporation (CICC) 3908.HK601995.SS has broken into the world’s top two investment banks for new listings for the first time since the global financial crisis due to its role leading in fintech giant Ant Group’s 6688.HK688688.SS mega float, Dealogic figures show.FILE PHOTO: The company logo of China International Capital […]
In light of COVID-19, consumer behaviors and expectations have changed when it comes to delivery, visibility and returns. A new study by ShipStation reveals that the delivery experience affects not only purchase habits, but brand perception as well. The report is the company’s second annual national consumer study, which aims to discover how consumer shopping […]
Wellington and Christchurch will get giant new stores from Costco, the world’s second-biggest retailer after Walmart. Patrick Noone, Australia and New Zealand managing director of Costco with 101 million member, has outlined the chain’s expansion plans for this country and named those two cities on a list for five new Australasia stores. Our capital and […]
When Caroline Richardson’s husband was temporarily laid off in the spring due to the COVID-19 pandemic, money became a concern. The family of four was down to one income and the bills kept coming. There was the mortgage, car payments and two kids who wouldn’t stop growing and needing new clothes just because the economy was going […]
Complicated ballot counts and a president’s baseless claims of vote-rigging are two of the challenges facing TV anchors and executives. By Michael M. Grynbaum Batches of ballots that will be counted at different times, depending on the swing state. Twitter gadflies and foreign agents intent on sowing confusion. A president who has telegraphed for months that […]
Madison Avenue property owners have long resisted having pop-up stores as tenants, preferring long-term deals and viewing pop-ups as not up to the neighborhood standard. But the mind-set has changed, with Madison Avenue enduring an eye-popping 16 percent vacancy rate, compared to a still-high 9 percent vacancy rate in 2019. Property owners are also reconsidering […]