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International Business

China’s riding to the rescue of luxury brands

When Tiffany & Co said this month it was sending its priciest jewellery to mainland China to reach wealthy shoppers no longer jet-setting abroad,...
International Business

Rich Chinese outnumber wealthy Americans for first time

The number of rich Chinese has surpassed the count of wealthy Americans for the first time as both countries keep churning out millionaires, a...
International Business

Forever 21 latest retailer to file for bankruptcy

Fashion retailer Forever 21 filed for bankruptcy on Sunday, as it joined a growing list of brick-and-mortar players who have succumbed to the onslaught...
International Business

Internet sector contributes $2.1 trillion to U.S. economy – industry group

The rapidly growing internet sector accounted for $2.1 trillion of the U.S. economy in 2018, or about 10% of the nation's gross domestic product...
International Business

Tata’s JLR to stop output at UK factories for a week due to Brexit

Britain’s biggest carmaker, Tata Motors-owned Jaguar Land Rover, will halt production at its British factories for a week in November, its boss said on...
Business

Modi urges global CEOs to leverage ‘Startup India’ platforms for solutions on global challenges

Prime Minister Narendra Modi has urged global CEOs and top American executives to leverage the 'Startup India' innovation platforms to formulate solutions for the...
Business

British travel firm Thomas Cook collapses, stranding hundreds of thousands

Thomas Cook, the world’s oldest travel firm collapsed on Monday. Thomas Cook, the world’s oldest travel firm, collapsed on Monday, stranding hundreds of thousands...
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