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Egypt Inflation Slows in October as Presidential Elections Near
Egypt Inflation Slows in October as Presidential Elections Near
Egyptian inflation eased from a record high to its lowest level in four months ahead of December’s presidential
2023-11-11 17:52
U.S. stocks skid, oil surges on Middle East uncertainty
U.S. stocks skid, oil surges on Middle East uncertainty
By Wayne Cole SYDNEY U.S. stock futures slipped in Asia on Monday as the military conflict in the
2023-10-09 08:15
H&M sues fast fashion retailer Shein for copyright infringement
H&M sues fast fashion retailer Shein for copyright infringement
H&M has filed a lawsuit against infamous fast fashion retailer Shein for copyright infringement, according to court documents filed in Hong Kong. Hennes & Mauritz, the Swedish fashion brand more commonly known as H&M, has accused Zoetop Business Co – the Hong Kong-based entity that previously owned Shein – as well as Shein Group Ltd of copying its designs in the new lawsuit. H&M is seeking unspecified damages and an injunction to stop Shein from infringing on its copyright and trademarks. According to Bloomberg, the filing included photos of dozens of items – such as swimwear and sweaters – that H&M claimed was evidence Shein had stolen its designs. In a statement, an H&M spokesperson confirmed to Bloomberg it filed a lawsuit against Shein in Hong Kong, claiming the fast-fashion competitor “in multiple cases has infringed on our designs”. The next hearing is slated to take place July 31. More follows… Read More Fast fashion retailer Shein accused of racketeering and copyright infringement in lawsuit Chinese e-retailer Temu files lawsuit in US against rival Shein, alleging antitrust violations Italian designer launches scathing attack on Shein over ‘stolen ideas’: ‘Maybe I am the fool’
2023-07-26 00:55
Indonesia Starts Southeast Asia’s First High-Speed Rail Operations
Indonesia Starts Southeast Asia’s First High-Speed Rail Operations
Indonesia has opened Southeast Asia’s first high-speed rail to the public after years of delay and cost overrun.
2023-10-02 12:49
Merger-Arbitrage Funds See Tide Turning After FTC’s Microsoft-Activision Loss
Merger-Arbitrage Funds See Tide Turning After FTC’s Microsoft-Activision Loss
Merger-arbitrage investors say the tide is turning in their favor after the Biden administration’s antitrust push suffered a
2023-07-15 04:19
Kim Jong Un’s Trip to Russia May Help Him Put Spy Satellites in Orbit
Kim Jong Un’s Trip to Russia May Help Him Put Spy Satellites in Orbit
North Korean leader Kim Jong Un is returning from Russia with pledges to help with his space program
2023-09-18 11:27
Ant-Backed Rural Lender Chongho Weighs $500 Million Hong Kong IPO
Ant-Backed Rural Lender Chongho Weighs $500 Million Hong Kong IPO
Chongho Bridge Credit Agricultural Group Co., a Chinese rural bank that offers microcredit and micro-insurance to small businesses,
2023-10-27 11:59
Global growth to slow but avoid a hard landing - OECD
Global growth to slow but avoid a hard landing - OECD
By Leigh Thomas PARIS The global economy will slow slightly next year but the risk of a hard
2023-11-29 18:19
Company guilty over New Zealand volcano disaster
Company guilty over New Zealand volcano disaster
The New Zealand firm that managed a volcanic island which erupted killing 22 people in 2019, was on Tuesday found guilty of...
2023-10-31 13:59
China's Zhengzhou city launches property support measures
China's Zhengzhou city launches property support measures
BEIJING China's Zhengzhou city has launched measures to support its property market, including easing home resale restrictions, in
2023-08-04 12:24
Pioneer Landscape Centers Beats Trucker Shortage with Company-Owned Commercial Driving School
Pioneer Landscape Centers Beats Trucker Shortage with Company-Owned Commercial Driving School
HIGHLANDS RANCH, Colo.--(BUSINESS WIRE)--Jul 21, 2023--
2023-07-21 23:48
Asian Stocks Set for Mixed Open as US Rally Stalls: Markets Wrap
Asian Stocks Set for Mixed Open as US Rally Stalls: Markets Wrap
Asian stocks are set for a mixed open after a $2.7 trillion rally in US shares fueled by
2023-11-20 06:18