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Morgan Stanley is bullish on Australia, India and Singapore. The three countries stand out among those in Asia-Pacific that have handled the coronavirus pandemic well, said Jonathan Garner, who is managing director and chief Asia and emerging markets equity strategist...
Longer-term interest rates have jumped in recent weeks, a move that has been broadly interpreted as a sign that investors are betting higher growth and slightly faster inflation may be right around the corner. Federal Reserve officials have mostly brushed...
Ecommerce in 2021 isn’t easy. Most people that start out with starry eyes, quickly have their hopes dashed away once they discover the ruthless competitive landscape. Blue Oak Empire a firm based in the financial capital of Hong Kong...
As the Covid-19 pandemic stifled businesses from airlines to tourism, Nykaa, an online retailer of beauty products, was sitting pretty. Hordes of shoppers, stuck at home due to pandemic-imposed restrictions, flocked to its virtual shelves, buying up everything from...
The principal financial backer of one of the UK's largest industrial groups has fallen into administration. Specialist bank Greensill Capital was the main lender to businessman Sanjeev Gupta's sprawling empire, which includes Liberty Steel. The appointment of administrators to Greensill puts...
To jump-start the ailing economy, President Biden is turning to the lowest-paid workers in America, and to the people who are currently unable to work at all. Mr. Biden’s $1.9 trillion economic relief package, which cleared the Senate on Saturday and could be headed...
On Tuesday morning, Seuss Enterprises, which handles the estate of Dr. Seuss, announced that it would discontinue six of its less popular titles due to racist imagery. None of the books—If I Ran the Zoo, And to Think That I...
Walmart said Wednesday that it plans to back American manufacturers by spending an additional $350 billion over the next decade on items that are made, grown or assembled in the U.S. Nearly two-thirds of Walmart’s current assortment is made, assembled or...
In the pre-Covid era, Ye Guofu, the founder of Chinese affordable lifestyle retailer Miniso, would spend months overseas scouting out potential new markets. While the pandemic has temporarily paused his trips abroad, it hasn’t thwarted his plans for international expansion....
Players from the National Football League were among the first to voice their support. Then came Stacey Abrams, the Democratic star who helped turn Georgia blue in the 2020 election. The actor Danny Glover traveled to Bessemer, Ala., for...
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