Distressed US Offices Jump to $24.8 Billion, Overtaking Malls
About $24.8 billion of US office buildings were in distress at the end of the second quarter, surpassing
2023-07-19 22:28
Carvana Soars After Reaching Debt Restructuring Deal
Carvana Co. reached a deal to restructure debt and filed to sell as much as $1 billion of
2023-07-19 19:46
Europe Car Sales Rise 19% With Growth Streak Nearing a Full Year
Auto sales in Europe rose in June as growing demand for electric cars and improved parts supply helped
2023-07-19 14:16
Temu Accuses Fast Fashion Leader Shein of Bullying Suppliers
Chinese-owned online retailer Temu sued rival Shein in the US, alleging it violated antitrust laws by using threats
2023-07-19 10:51
Tesla Says German Plant Can Expand Without Sapping Water Supply
Tesla Inc. said doubling the production capacity of its factory near Berlin won’t require additional water as the
2023-07-18 23:50
LVMH’s Sephora Weighs New China Head to Seek €20 Billion Sales
Sephora, the cosmetics retailer owned by luxury conglomerate LVMH, is considering an overhaul of its China operations, including
2023-07-18 20:20
Anwar Says Geely to Invest $10B in Malaysia Auto Hub, Bernama Reports
Chinese automaker Zhejiang Geely Holding Group Co. declined to confirm whether it plans to invest $10 billion in
2023-07-18 18:55
Singapore Passport Is World’s Most Powerful, Replacing Japan
Singapore has replaced Japan for having the world’s most powerful passport, allowing visa-free entry to 192 global destinations,
2023-07-18 18:50
China’s New Consumption Plan May Do Little to Boost Growth
China released a plan to boost household spending on everything from electric appliances to furniture as economic growth
2023-07-18 15:25
Fund Beating Nearly All Peers Dumps Korean EV Stocks, Buys Chips
A South Korean fund whose bets on stocks tied to electric vehicles helped it outperform most of its
2023-07-18 11:58
Ralph Lauren Will Keep Raising Prices to Boost Brand Prestige
Ralph Lauren Corp. plans to keep lifting the average price of its products, a sign the US apparel
2023-07-18 05:52
European Stocks Decline on China Data as LVMH Leads Luxury Lower
European stocks fell on Monday as weak economic data from China hit risk sentiment, while investors turned to
2023-07-17 23:58