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Business

HSBC walking on a political tightrope

HONG KONG: The two bronze lion statues standing guard over HSBC Holdings Plc’s main offices in Hong Kong still bear the marks of an attack by protesters, who last week daubed them with red and black paint, setting at least one ablaze. Graffiti declared that HSBC had been dyed the red of China.

Business

Luxury brands are taking over the street art scene

LONDON: Tourists flock to London’s Shoreditch to admire the street art that coats the trendy neighborhood in a riot of colour. What they may not expect to find alongside works by Banksy or Mr Cenz are the spray-painted logos of Swatch and Christian Louboutin.

Corporate News

KFC owner defies China slowdown with robot servers

SHANGHAI: KFC’s owner in China is pushing ahead with expansion plans, opening two stores a day in the world’s biggest consumer market and banking on technology to help it cut costs, even as carmakers and industrial companies signal demand there is deteriorating.

Business

Cambridge Analytica suspends CEO Nix

CAMBRIDGE Analytica, the Trump-campaign data firm embroiled in scandal over its misuse of Facebook accounts, suspended chief executive officer Alexander Nix after he was filmed bragging about dirty tricks. But the business’ ties to Nix and dubious tactics run deep.

Business

The art of the Trump

DONALD Trump’s star on the Hollywood Walk of Fame has reportedly attracted various unsavory types of vandalism including graffiti, urination and (canine) defecation, since the start of his presidential campaign last summer, according to Vanity Fair.

Business

China hits property policy jam as regional market gap widens

Tangshan, China: While property prices in top-tier Chinese cities are booming, prices in smaller cities, where most of China's urban population lives, are sill sinking, complicating government efforts to spread wealth more evenly and arrest slowing economic growth.