China is redoubling its first-aid for its economy, targeting banks, workers and poor families as the ruling Communist Party prepares to mark the 75th anniversary of the founding of the People’s Republic. Unconfirmed reports Thursday by the South China Morning Post and Bloomberg said the government plans to spend about 1 trillion yuan ($142 billion) … Read more
LONDON — The managing director of Harrods said Thursday that the London department store is “deeply sorry” for failing employees who say they were sexually assaulted by late owner Mohamed Al Fayed. Michael Ward said it is clear Al Fayed “presided over a toxic culture of secrecy, intimidation, fear of repercussion and sexual misconduct.” Five … Read more
Bobbi Brown has launched not one but two groundbreaking cosmetics companies and written nine bestselling books on beauty, but she’s not a fan of traditional makeup. “I don’t like makeup that looks like makeup. When you’re done, I just want you to look better. I want you to look not tired. I want you to … Read more
Dozens of Salt Life retail stores across the country are closing following the company’s recent purchase. Hilco Consumer-Retail Group, one of the new owners of the brand, announced Tuesday that it will be closing all 28 retail locations. Liquidation is underway as new ownership plans to restructure the fashion company and lay out a plan for the future of … Read more
SEOUL, South Korea — South Korea announced plans Thursday to compensate famers and others in the country’s dwindling dog meat industry before a formal ban goes effect in 2027, a move that is drawing opposition from both farmers and animal rights activists. South Korea’s parliament passed a landmark bill in January that will ban slaughtering, … Read more
Eren Holding The paper mill in Shotton was used to produce newsprint paper A £1bn development of a former paper mill could “completely transform recycling levels in the UK”, its owner has claimed. Up to 2,000 contractors are working to transform Shotton Mill in Flintshire into one of the UK’s largest cardboard and tissue production … Read more
DALLAS — Leaders of Southwest Airlines are set to explain how they plan to remodel the airline to change with consumer tastes — and maybe keep their own jobs. They will give more details at an investor meeting Thursday about dumping so-called open seating, charging a premium for the best seats, and launching red-eye flights. … Read more
Shares rolled higher in Asia on Thursday after U.S. stocks edged back from their records. Japan’s Nikkei 225 index gained more than 2% and U.S. futures and oil prices also advanced. The rally in Asia followed an announcement that the Chinese government plans to give cash handouts or discount vouchers to the poor ahead of … Read more
TOKYO — A record nine candidates are running in Japan’s ruling party election Friday to replace outgoing Prime Minister Fumio Kishida. A former defense minister who is a longtime veteran, the relatively young son of a popular former prime minister and the economic security minister who would be the country’s first woman prime minister are … Read more
HONG KONG — A Hong Kong court is set to sentence two journalists Thursday in a landmark sedition case that is widely seen as an indicator of media freedom in a city once known as a beacon of press freedom in Asia. Stand News former editor-in-chief Chung Pui-kuen and former acting editor-in-chief Patrick Lam were … Read more