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NEW YORK: A group including two of Forever 21 Inc’s biggest landlords has offered to buy the bankrupt retailer for US$81mil, a fraction of what the international fashion pioneer was once worth.
ELEEN Tan knows all about taking the heat. She and her late husband have been dealing with chillies since the early 2000s.
TOKYO: Ousted Nissan boss Carlos Ghosn (pic) left his Tokyo residence after a private security firm hired by Nissan Motor Co stopped monitoring him, three sources familiar with the matter told Reuters on Saturday.
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.
LONDON: You may reasonably wonder just what sort of political upheaval it takes to upset financial markets these days. Despite a series of potentially seismic shifts in the political landscape over the past two years, world asset prices appeared to suffer less and less lasting damage.