World-Business
Well-known brands close NYC branches in record numbers in 2020
New York City has seen almost one in seven nationally recognized chain-store branches close their doors in 2020 as the COVID-19 pandemic ravaged the country and sent consumers scurrying for cover, according to a latest industry report.
Retailers brace for flood of returns from online shopping
A huge surge in online shopping during the pandemic has been a savior for retailers, but it comes at a price.
COVID-19 hits trade in Asia-Pacific, but impact ‘less bad’ than elsewhere
Despite a sharp fall in global trade in 2020 due to the coronavirus pandemic and lingering trade tensions, Asia and the Pacific is expected to perform relatively “less bad” than the rest of the world, the United Nations development arm in the region said on Tuesday.
EU-UK trade talks floundering over fish as cutoff day nears
Deep into a crucial weekend of negotiations, a breakthrough on fishing rights remained elusive for the European Union and Britain, leaving both without a trade agreement that would dull the edge of a chaotic, costly economic break on New Year’s Day.
Bangladesh's forex reserves surge to record high amid Covid-19
Bangladesh's foreign exchange reserves have soared past 42 billion US dollars amid the Covid-19 pandemic, the central bank's latest data showed.
17th China-ASEAN Expo opens in south China
The 17th China-ASEAN Expo and China-ASEAN Business and Investment Summit kicked off Friday in Nanning, capital of south China's Guangxi Zhuang Autonomous Region.
Amazon opens online pharmacy, shaking up another industry
Now at Amazon.com: insulin and inhalers.
ASEAN leaders agree on pandemic-coping measures, multilateral cooperation
The Association of Southeast Asian Nations (ASEAN) concluded its 37th summit and related meetings on Sunday, putting priorities on measures to respond to the COVID-19 pandemic and commitments to multilateral cooperation.
ASEAN, China, other partners set world’s biggest trade pact
China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal many in Asia are hoping will help hasten a recovery from the shocks of the pandemic.
China gears up for world’s largest online shopping festival
Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year’s Singles’ Day online shopping festival, as the country recovers from the pandemic.