Sports Direct owner buys into lingerie brand Agent Provocateur
Sports Direct owner Mike Ashley has acquired an interest in the struggling luxury lingerie retailer, Agent Provocateur.
Mar 06, 2017 1:24 AM EST
Japan and Airbus welcome new agreement on industrial partnerships
Airline company Airbus welcomes new agreement on industrial partnerships with Japan. Airbus welcomes new agreement on industrial partnerships with Japan.
Mexico economy minister sets meeting with US automaker executives in trade push
Trump's threats and unpredictability drives Mexico to build support from companies and US states that rely on business on the south border.
Jimmy Choo revenues skyrocket with strong Asia market, weak pound and menswear range
The record revenues and profitability are proof to the growing appeal and strength of Jimmy Choo. Jimmy Choo reports strong revenue gains brought about by its growing market in China, the weak pound and its menswear line.
Latest News
Ford may cut more than 1000 jobs at Bridgend plant in worse case scenario
Unions are fighting to keep the jobs in Ford at all cost as a reduction in employment could lead to a serious economic crisis.
Mar 03, 2017 8:42 AM EST
Snapchat share price soars on market debut
The firm's valuation of $30 billion is the biggest record for a US tech company since Facebook in 2012.
Mar 03, 2017 8:28 AM EST
McDonald's expands delivery service through ordering app
The new app will allow customers to place orders for pickup alongside features such as customized favorites and preferred payment methods.
Mar 02, 2017 7:24 PM EST
Oil prices forecast $50 to $70 per barrel through 2022, report says
Overall, demand is set to outpace supply on average over the forecast period. Oil prices are expected to average $50 to $70 per barrel until 2022 according to a recent forecast by Bank of America Merrill Lynch.
Mar 02, 2017 10:58 AM EST
Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies
The company shake-up comes after Tiffany's disappointing financial results. Jewelry retailer Tiffany & Co. 's chief executive officer, Frederic Cumenal, has stepped down on Feb.
Mar 02, 2017 9:19 AM EST
Yahoo CEO Mayer gives up annual equity, bonus over mishandling of secuirty breaches
Mayer claims responsibility and offered that her cash bonus and annual equity award, instead, that it be redistributed to Yahoo's hardworking employees.
Mar 02, 2017 7:03 AM EST
Samsung chief faces trial after indictment on corruption charges
De facto chief of the South Korean electronics giant faces trial after indictment on multiple charges which include bribery and embezzlement.
Mar 02, 2017 12:59 AM EST
Hershey aims to reduce global worforce by 15 percent
The Pennsylvania chocolatier's attempt to reduce its global workforce will help achieve profitability over the next two years.
Mar 01, 2017 9:55 AM EST
Qantas posts decline in net profits
The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.
Mar 01, 2017 9:02 AM EST
Tesco plans to remove 1,700 managerial jobs
The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.
Mar 01, 2017 9:02 AM EST
Alibaba seeks tougher penalties for purveyors of counterfeit goods
E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.
Mar 01, 2017 1:21 AM EST
Saudi Arabia Adds Nearly 30,000 New Hotel Rooms For 2017
The Kingdom is set to open a roster of 68 hotels across major cities at a time of growth for its tourism, leisure and hospitality.
Feb 28, 2017 2:39 PM EST