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WASHINGTON: U.S. retail sales unexpectedly increased in June as demand for goods remained strong even as spending is shifting back to services, supporting expectations that economic growth accelerated in the second quarter.
LOS ANGELES: Billionaire sports moguls E. Stan Kroenke and Steve Ballmer are betting sizable shares of their personal fortunes that masses of people will want to gather again.
NEW YORK: Qualtrics International Inc has filed for what could be one of the first US initial public offerings of 2021, just over two years after it was acquired by German software giant SAP SE.
CUTS to the GDP forecast in Malaysia as a result of the Covid-19 pandemic have impacted employment opportunities across all sectors with nearly 90,000 job losses reported so far this year, according to the Social Security Organisation (Socso).
THE playbook for making sports teams more valuable is, in theory, quite straightforward: Invest adequately in the playing squad, improve commercial revenue with better stadiums and expanded merchandising, and bank on broadcasting rights becoming more expensive
LONDON: Stephen Yiu misses playing crazy golf at the London offices of Blue Whale Capital LLP, the firm he founded with British billionaire Peter Hargreaves in 2016.
NEW YORK: Chesapeake Energy Corp is preparing to file for bankruptcy as soon as this week, according to sources, becoming the largest oil and gas producer to unravel after an energy market rout caused by the coronavirus outbreak.
PETALING JAYA: The latest statistics by Tubular Labs, an independent global data and online video analytics provider showed end-users and consumers gravitate towards combat sports and martial arts content, compared to other sports.
NBA great Michael Jordan's autographed game-worn sneakers from his rookie season fetched a record $560,000 (463,380 pounds) in an online auction, Sotheby's said on Sunday.