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Business 05 Apr 2011 | 12:00 AM

Ex-Gucci tech charged in NY with computer hacking

NEW YORK: A disgruntled former computer technician at Gucci's U.S. headquarters in New York City is being accused of hacking into the luxury retailer's computer system and causing over $200,000 in damage.

Business 17 Oct 2011 | 12:00 AM

Wal-Mart says China CEO, another executive resign

SHANGHAI/BEIJING (Reuters) - Two executives of Wal-Mart Stores Inc's China operation, including its head, have resigned for personal reasons, the company said on Monday, the latest setback for the world's largest retailer in China where it has faced store closures and employee detentions.

Business 16 Feb 2012 | 12:00 AM

Guess loses bid to dismiss Gucci suit

NEW YORK: Gucci can go forward with a lawsuit accusing apparel retailer Guess Inc of selling knock-off products without its permission, according to a US judge.       

Business 15 Oct 2012 | 12:00 AM

Burberry smells a chance in fragrance business

PARIS: Burberry hopes it can gain better control over its brand and eventually a bigger slice of profits by running its own perfume business, a big gamble that could change the structure of the luxury goods industry if others follow suit.

Business 24 Nov 2012 | 12:00 AM

Building a stronger Asia

Growth amid global slowdown, efforts to deepen ties are transforming region into stronger bloc.

Business 01 Dec 2012 | 12:00 AM

Ding dong dung, wake up Vietnam

Tan Sri Lin See-Yan perceives that investors and the public have become more impatient as the Vietnamese government is slow in delivering and its economic advancement has been slow and hesitant.

Business 03 Jul 2013 | 12:00 AM

China malls waive rent amid fierce competition

SHANGHAI: Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands including Zara and H&M, a bid to blunt the impact of a boom in shopping-mall construction that threatens to push up vacancies.

Business 05 Aug 2013 | 8:43 AM

Tycoon's 10-Year Crusade To Get A Big Mac In Vietnam

HO CHI MINH CITY: Tycoon Henry Nguyen mopped floors, flipped burgers and even cleaned toilets over a 10-year campaign to convince McDonald's Corp to let him bring Big Macs and Happy Meals to communist Vietnam.

Business 30 Aug 2013 | 8:54 AM

KPN Foundation Intervenes To Block America Movil 7.2bil Euro Offer For KPN

AMSTERDAM/MEXICO CITY: An independent foundation linked to KPN said on Thursday it had moved to block America Movil's proposed 7.2 billion-euro offer for the Dutch telecoms group to protect the interests of stakeholders

Business 19 Oct 2015 | 12:00 AM

Alibaba lobbies to stay off US blacklist

SHANGHAI: Chinese e-commerce giant Alibaba Group Holding Ltd is lobbying hard to stay off the US Trade Representative’s (USTR) blacklist after coming under renewed pressure this year over suspected counterfeits sold on its shopping platforms.