Virus success brings strong recovery in retail sector in China

By guest author Lia Zhu in San Francisco | China Daily | Driven by increased retail spending, China has seen more significant growth than other major economies, thanks to the effective measures to put COVID-19 under control, according to experts. China reported economic growth of 4.9 % year-on-year in the third quarter, up from 3.2 … More Virus success brings strong recovery in retail sector in China

Why the U.S. cannot replicate South Korea’s Impressive Economic Recovery

Getting the pandemic under control is a prerequisite, but not every country can be a massive net exporter. By guest author Mike Bird from Wall Street Journal South Korea’s recession ended in the third quarter of the year with the economy growing 1.9 % from the second quarter. The country’s commendable control of Covid-19 has … More Why the U.S. cannot replicate South Korea’s Impressive Economic Recovery

Tiffany-LVMH deal clears regulatory hurdles with EU nod

Tiffany & Co has received all regulatory approvals needed for the completion of its USD16 billion acquisition by French luxury goods group LVMH, the U.S. jeweller said on Monday, October 26, 2020, after it received a nod from the European Commission. The approval from the European competition authorities comes amid a legal battle between LVMH … More Tiffany-LVMH deal clears regulatory hurdles with EU nod