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Why Gucci and Dior want to rebuild Notre-Dame

IF the fire at Notre-Dame cathedral had happened 20 or 50 years ago, France’s luxury fashion houses would surely have rushed to support its reconstruction as quickly as they did in 2019.


Tax cuts in China poised to boost private businesses

SHU Wenbin is one of the millions of private business entrepreneurs in China set to benefit from large-scale tax cuts that take effect this month.


Everlane jumps into the US sneaker market

EVERLANE, the clothing startup that touts sustainable clothes and supply chain transparency, is starting its own sneaker label.


US startup tries remote-control trucks

FOR four days in February, Ben Shukman showed up to his office at Phantom Auto in Mountain View, California, sat down in front of a bank of computer screens with a steering wheel in a darkened room, and began driving. As the 25-year-old turned the wheel in Silicon Valley, an empty truck 2,500 miles away in Atlanta picked up semi trailers and towed them around a warehouse lot.


Trump’s LNG push helps power German green cruise liner boom

BERLIN: President Donald Trump’s bid to dump a glut of liquefied natural gas on Europe is getting an unlikely boost: stringent regulations on shipping emissions that are prompting the continent’s shipyards to hunt for alternatives to high-polluting diesel.The International Maritime Organization will clamp down next year on sulfur and carbon emissions from diesel-powered ships.


Three IPOs in the worksfor Dubai

DUBAI: Three companies are preparing initial public offerings on Dubai’s main stock exchange, the bourse said, potentially ending a 17-month drought as it boosts efforts to entice local firms to list domestically rather than abroad.


Tesla takes short seller to court

SAN FRANCISCO: Elon Musk’s war with Tesla Inc short sellers just got weirder.The electric carmaker claims a California man who it says is part of an online group of short sellers has been stalking its Fremont factory and harassing its employees - including dangerously swerving his car toward a Tesla Model 3 that was on a freeway test drive and injuring a Tesla security guard in a hit-and-run on company property.


Make use of technology in accounting for SMEs

THE use of technology in accounting for small and medium sized enterprises proffers huge opportunities for both the service providers and users.


Engie is said to consider takeover of US services firm Emcor

LONDON: French energy company Engie SA is weighing a takeover of construction and facilities services firm Emcor Group Inc as it seeks to expand in the US, according to people familiar with the matter.


Oil bulls double down on rally with rising bets

NEW YORK: Hedge funds are betting rising tensions around the globe will keep fueling oil’s rebound this year.