Bob Iger was supposed to save Disney. It's not going according to plan
When Bob Iger returned to the helm of Disney nine months ago, after a brief retirement, the company and its shareholders seemed to breathe a collective sigh of relief.
2023-08-09 19:24
How hip-hop went from being shunned by big business to multimillion-dollar collabs
The signs of hip-hop’s influence are now everywhere from Pharrell Williams becoming Louis Vuitton’s men’s creative director to billion-dollar brands like Dr. Dre’s Beats headphones and retail mainstays like Diddy’s Sean John and the Rocawear line started by Jay-Z
2023-08-09 18:19
Ford Shuts Down in Brazil, and China’s Top EV Maker Comes to the Rescue
(Bloomberg Markets) -- On Brazil’s east coast, the vast parking lot off Avenida Henry Ford sits empty. Shift workers once
2023-08-09 17:30
US reports big interest in $52 billion semiconductor chips funding
By David Shepardson WASHINGTON The U.S. Commerce Department said on Wednesday that more than 460 companies have expressed
2023-08-09 17:22
Italy Trims Bank Windfall Tax After $10 Billion Value Wiped Out
The Italian government backtracked on part of its new windfall tax on banks, saying it would introduce a
2023-08-09 15:56
Stuffed Russian Grain Ports Show Risk of Black Sea Escalation
Russian grain ports are overflowing after two big harvests. That means any military escalation in the crucial Black
2023-08-09 15:23
German Government to Approve Climate Fund Boost to €212 Billion
Chancellor Olaf Scholz’s government will on Wednesday approve a top-up of Germany’s special Climate and Transformation Fund by
2023-08-09 14:45
Indonesia’s Rush to Finish China-Funded Rail Raises Safety Fears
Indonesia is again delaying the opening of a China-funded high-speed train, citing safety concerns. The soft launch of
2023-08-09 14:30
Explainer-Why Germany's property sector is in the dumps
By Tom Sims FRANKFURT Germany has long benefited from an era of cheap money that fuelled a decade-long
2023-08-09 14:22
Global Law Firm Retreats From China Ahead of Data Crackdown
Global law firm Dentons is splitting from its Chinese operations to comply with impending data regulations, one of
2023-08-09 13:54
Biden pitching his economic policies as a key to manufacturing jobs revival
Bringing back factory jobs is one of the most popular of White House promises — regardless of who happens to be the president
2023-08-09 12:29
South Korea household borrowing grows further, countermeasures eyed
SEOUL South Korea's household borrowing grew in July for a fourth straight month and by the biggest amount
2023-08-09 11:29