Livestream shopping has undoubtedly captivated retail, with the phenomenon inspiring companies such as Nordstrom, Bloomingdale’s, Walmart, Sephora, Moda Operandi and many others to launch initiatives and tests. Supply tends to move wherever there’s demand, so it should be no surprise that a growing array of providers are lining up to serve them. Today, some of […]
(Reuters) – German airline Lufthansa raised 1 billion euros ($1.2 billion) in a corporate bond sale on Wednesday, boosting its finances after a state bail-out due to the COVID-19 pandemic.FILE PHOTO: Lufthansa planes are seen parked on the tarmac of Frankfurt Airport, Germany June 25, 2020. REUTERS/Kai Pfaffenbach/File PhotoLufthansa, which was hit hard by the […]
FILE PHOTO: Real estate signs advertise new homes for sale in multiple new developments in York County, South Carolina, U.S., February 29, 2020. REUTERS/Lucas Jackson/File Photo(Reuters) – The number of applications for home mortgages decreased last week to the lowest level since early 2020, dampened by declines in refinancing activity and purchase applications. The Mortgage […]
Bill Gates and Melinda French Gates have at times referred to the foundation they established together as their “fourth child.” If over the next two years they can’t find a way to work together following their planned divorce, Mr. Gates will get full custody. That was one of the most important takeaways from a series […]
LONDON (BLOOMBERG) – The fintech company that helped revolutionise the money-transfer business is going public in a novel deal that could signal if Brexit Britain can become a destination for fast-growing companies. Wise, which was born as TransferWise, is eschewing a traditional initial public offering (IPO), opting instead for a direct listing on Wednesday (July […]
SYDNEY (Reuters) – Asian share markets stumbled on Wednesday as a bout of risk aversion boosted bonds and the dollar, while investors braced for minutes from the Federal Reserve’s last meeting which should underline a hawkish turn in U.S. monetary policy.FILE PHOTO: A broker is pictured near a computer screen showing movements in the stock […]
FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken, March 31, 2020. REUTERS/Dado Ruvic/IllustrationWASHINGTON (Reuters) -The United States on Tuesday urged China and the private sector to increase their participation in a G20 debt moratorium for low-income countries hammered by the COVID-19 pandemic, and a […]
FILE PHOTO: A Japan yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File PhotoTOKYO (Reuters) – Japan’s economy is set to recover to pre-pandemic levels by the end of this year, helped by solid exports as well as consumer spending supported by progress in vaccinations, the government said in revised […]
FILE PHOTO: A Japan yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File PhotoTOKYO (Reuters) – Japan’s economy is set to recover to pre-pandemic levels by the end of this year, helped by solid exports as well as consumer spending supported by progress in vaccinations, the government said in revised […]
Business confidence rebounded sharply in the June but inflation pressures are building with labour shortages now the worst ever recorded in the NZEIR Quarterly Survey of Business Opinion (QSBO). The long-running survey, conducted by the NZ Institute of Economic Research, found a net 10 per cent of businesses now expect an improvement in the economic […]