Lifestyle
99 Cents Only Stores announces plans to wind down operations
DISCOUNT retailer 99 Cents Only Stores announced plans to wind down its business operations in a press release on Thursday (Apr 4).The firm has struck an agreement with Hilco...
Europe: Cyclicals drive modest gains across European stocks
EUROPEAN stocks edged higher on Thursday (Apr 4), led by cyclical sectors such as miners and automakers, as investors were encouraged by signs of recovery in the eurozone economy...
Chocolate consumers could bear brunt of recent cocoa price spike as supply woes continue
COCOA has turned out to be a sweet treat for investors this year, but companies and consumers are reeling from the price surge even as market watchers warn that...
Boeing, Airbus exploring framework to divvy up Spirit Aero’s operations: sources
BOEING and Airbus are edging towards a potentially coordinated deal to split operations of troubled supplier Spirit AeroSystems, taking on plants needed to support their top jet programmes, people...
Currency angst goes global as strong dollar vexes officials
A RESURGENT US dollar is exasperating central bankers and governments around the world, forcing them into action to relieve the pressure on their own currencies.From Tokyo to Istanbul, policymakers...
Ford delays some North American electric SUV, truck production
FORD Motor said on Thursday (Apr 4) it had delayed the planned launches of three-row EVs in Canada and its next-generation electric pickup truck in Tennessee as the slowdown...
Banking bottleneck causing six-month delays for Russia-China payments: sources
AS THE threat of secondary sanctions deters Chinese banks from facilitating trade with Russia, companies are flocking to the one Russian bank with a Chinese branch and facing up...