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PARIS — Calls in some parts of the Islamic world to boycott French products kept amplifying on Monday, after France’s President Emmanuel Macron last week said the country “will not give up caricatures, drawings,” referring to cartoons of Muhammad that have been circulating. On Monday, Turkey’s President Recep Tayyip Erdogan requested that the Turkish people boycott French products and said […]
Read moreNEW DELHI (Reuters) – India’s Future Retail Ltd (FRL) will go into liquidation if its deal to sell assets to Reliance Industries fails, the group told a Singapore arbitrator while arguing against Amazon.com Inc’s bid to scupper the deal, a legal order seen by Reuters showed.FILE PHOTO: A shipment moves on a conveyor belt at an Amazon Fulfillment Centre (BLR7) […]
Read moreFinland’s national carrier has started selling its business class meals in a supermarket to prevent jobs cuts at its catering unit – and the food has been a hit. Some 1,600 meals were sold in the first few days at the supermarket, which is near the airline’s main hub of Helsinki-Vantaa airport. Plans are being made to sell the meals […]
Read moreEven as businesses around the world shut down this spring, executives at EDF Renewables were hopeful they would finish installing 99 wind turbines in southern Nebraska before a year-end deadline. Then, in early April, the pandemic dealt a big blow to the company. A manager at a factory that was building the giant cylinders on which the turbines sit had […]
Read moreWASHINGTON — At a virtual conference in September, Adam Boehler, chief executive of the U.S. International Development Finance Corporation, described his nascent agency as a bulwark against China’s “economic colonialism” — with $60 billion in annual lending authority to counter Beijing’s strategy of spreading its global influence with low-interest infrastructure loans. But in recent months, Mr. Boehler, a former health […]
Read moreIt’s been a while, but Media Carousel is back, with updates on the latest jobs goings-on in the media world over the past few weeks. First up, some brand new news. Matt Medved has been named senior vice president of digital content at Modern Luxury, whose brands include Hamptons and Manhattan in New York, Ocean Drive in Miami and Angeleno […]
Read moreSpring college graduates typically begin repaying their student loans in November. But this year, things are different. Most federal student loans come with a six-month grace period before new graduates have to start making payments on their college debt. Because of the pandemic, however, repayment of most types of federal loans has been automatically suspended until the end of the […]
Read moreSINGAPORE (THE BUSINESS TIMES) – Rents of retail space in Singapore’s central region dropped 4.5 per cent from the previous three months in the third quarter of 2020, after declining 3.5 per cent in the previous quarter. However, the latest data released by the Urban Redevelopment Authority (URA) on Friday (Oct 23) also showed that prices of retail space in […]
Read moreFILE PHOTO: New Barbie dolls from Mattel are pictured in the Manhattan borough of New York City, New York, U.S., February 21, 2020. REUTERS/Carlo Allegri(Reuters) – Mattel Inc MAT.O reported a surprise rise in quarterly sales on Thursday and forecast more growth in the holiday season, as retailers rushed to restock their shelves of Barbie dolls and other toys in […]
Read moreHighly leveraged investors are rushing in to buy houses, contributing to an unexpected housing boom, analysis by ASB has revealed. In April the bank forecast a 6 per cent drop in national house prices this year, in the face of a deteriorating labour market, falling net migration and rental declines. But it is now expecting house prices to rise 12 […]
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