30 Asian-owned Brands Are Donating 20 Percent of Sales to Fight AAPI Hate

A collective of 30 Asian-owned fashion, beauty and lifestyle brands have banded together to donate a percentage of their sales to support nonprofits that support the Asian communities. Each participant in the AAPI Heritage Month Impact Initiative has vowed to donate 20 percent of their sales this month to an

Futures flat after jobless claims data; drugmakers extend fall

(Reuters) -U.S. stocks were set for a subdued open on Thursday after data showed weekly jobless claims fell more than expected, while vaccine makers came under pressure after President Joe Biden’s plan to back intellectual property waivers on COVID-19 shots.FILE PHOTO: The Wall St. sign is seen near the New

Aston Martin DBX sales put quarterly losses into reverse

Strong demand for its first ever sport utility vehicle (SUV) has helped Aston Martin Lagonda more than halve its quarterly losses. The luxury carmaker of choice for James Bond reported a pre-tax loss of £42.2m for the first three months of the year. That was down from £110.1m in the

Tourism New Zealand campaign aimed at getting Aussies to travel – You’re dreaming

Tourism New Zealand has launched a new bid to motivate Australians – formerly this country’s biggest international visitor market – to head across the Tasman. The campaign features an Australian who dreams about New Zealand and is then guided through a range of NZ attractions, including national parks and stargazing with

21 million-dollar HDB resale flats sold in April as overall prices rise for 10th straight month

SINGAPORE – The Housing Board resale market remained robust in April as 21 million-dollar flats changed hands and overall resale prices rose for the 10th straight month. Experts said the return to phase 2 Covid-19 curbs will help underpin demand. Resale prices climbed 1.2 per cent last month compared to

Grazia Launches Hamptons Edition

Grazia USA’s first print magazine isn’t due until the fall, but in the meantime its publisher is whetting the appetites of potential tony readers in the Hamptons. Pantheon Media Group, which publishes Grazia USA through a licensing agreement with Italy’s Mondadori Group, is launching The Grazia Gazette: The Hamptons Edition,

Icebreaker founder Jeremy Moon ‘upset’ by VF Corporation’s restructuring plans

Icebreaker founder Jeremy Moon says it’s upsetting when jobs are shifted out of New Zealand – especially when you helped create them. Moon’s comment follows news that US retail giant VF Corporation, which bought Icebreaker four year’s ago, plans a major restructure at the merino wool company’s Ponsonby-based office. Icebreaker,

Frances Cook: Of course I go to work for money, and so do you

OPINION: Labour’s announcement that it’s freezing pay rates for public sector workers is an astonishing kick in the guts for the heroes of the “team of five million”. In case you missed it, the announcement is that nobody who is paid over $60,000 in a public sector role should get

Archegos prepares for insolvency as banks seek compensation: FT

BENGALURU (REUTERS) – Archegos Capital Management, the family office run by former Tiger Asia manager Bill Hwang, is preparing for insolvency as banks involved in financing its trades seek to recoup some of their losses, the Financial Times (FT) reported on Wednesday (May 5). Archegos has hired restructuring advisers to

Anticipating the Next Wave Of Retail Bankruptcies

After the rush of bankruptcy filings last summer in the earlier phase of the ongoing COVID-19 pandemic, retail watchers had feared another wave in 2021.  But a combination of factors has led to an extended lull in restructurings, as lenders nonetheless remain wary of signs of trouble. A recent report by