Fast-fashion retailer Forever 21 Inc filed for bankruptcy late on Sunday, joining a growing list of brick-and-mortar companies that have succumbed to the onslaught of online sellers such as Amazon.com Inc and ever-changing fashion trends.
Oil slipped on Monday as China's economic outlook remained weak even as manufacturing data improved, with the continuing trade war with the United States weighing on demand growth for the world's largest crude importer.
Technology stocks led by Apple lifted Wall Street's main indexes on Monday, as investors looked past last week's reports that Washington was considering delisting Chinese companies from U.S. stock exchanges.
"Layali is looking to make all Middle Eastern food and non-food products accessible, high-quality, and fairly priced. With a large selection of items, Layali provides an easy-to-track mail delivery service that saves customers time, money and effort."
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A couple of hefty share listings in Europe and the return of AB InBev's Asian unit float in the third quarter of 2019 brought some hope to a global IPO market battered by political volatility and downbeat global growth expectations.
Sempra Energy said on Monday it would sell its Peruvian businesses to a unit of China Yangtze Power Co for $3.59 billion, as part of a planned exit from South America to focus on its core U.S. and Mexican markets.
Fast-fashion retailer Forever 21 filed for bankruptcy late on Sunday, joining a growing list of brick-and-mortar companies that have seen sales hit by the rise of competition from online sellers like Amazon.com Inc and the changing fashion trends dictated by millennial shoppers.
Gains in technology stocks led by Apple lifted Wall Street's main indexes on Monday, as investors looked past last week's reports that Washington was considering delisting Chinese companies from U.S. stock exchanges.
WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup removed founder Adam Neumann as its chief executive officer.
U.S. digital money transfer platform PayPal Holdings Inc has obtained Beijing's approval to buy a controlling stake in a domestic payments firm, which would make PayPal the first foreign firm to enter China's payment services market.
The Globe and Mail | Sep 27, 2019 Meet the next generation: the 400 boldest businesses in the country Welcome to the inaugural Report on Business ranking of Canada’s Top Growing Companies. These 400 businesses operate in such hot sectors as fintech, e-commerce and cannabis, along with long-established industries like manufacturing and transportation. Some are
Saudi Aramco has restored full oil capacity to the level before attacks on its oil facilities on Sept. 14, the chief executive officer of its trading arm Ibrahim Al-Buainain said on Monday.
Forever 21 Inc on Sunday became the latest U.S. retailer to file for bankruptcy, succumbing to the twin challenges of changing consumer tastes and a relentless shift to online shopping.
WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup ousted founder Adam Neumann as its chief executive officer.
Oil fell nearly 2% on Monday as China's economic outlook remained weak amid an ongoing trade war with the United States and market fears of supply shortfalls and conflicts in the Middle East after the Sept. 14 attack on Saudi Arabia faded.