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BERLIN: German sportswear firm Adidas said sales had returned to growth in greater China faster than it had expected after the coronavirus lockdown, while the reopening of business in Europe and the Americas was going more gradually.
SEOUL: Oil prices were lifted by an unexpected drop in US crude stocks, but gains were capped by both a bleak outlook for the world’s No. 1 economy as the coronavirus pandemic crushes fuel demand and concern over a potential second wave of cases.
WeWork executives used to obsess over the number of people they could pack into each of the company’s shared workspaces.
BEIJING: Beijing has shut down online video services of three popular Chinese media sites in a swift action that unleashed financial shockwaves and posed a firm warning to the country's online video industry: clean up, or close down.
LONDON: British Finance Minister Philip Hammond has the chance to revive his calls for a more business-friendly exit from the EU in a debate blown wide open again by an election that has undermined Prime Minister Theresa May’s authority.
NEW YORK: Hostess Brands Inc, the bankrupt maker of Twinkies snack cakes and loaves of Wonder Bread, is seeking a U.S. court's permission to go out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers.
Atkantic City: Hurricane Sandy has silenced the thousands of slot machines and high-rollers who normally crowd the black jack and roulette tables of Atlantic City, but the resort's casino companies wager they could be back in business within days