Sunday, 29 Nov 2020

Business

Arcadia threat underlines desperate plight of coronavirus-hit high street

Britain’s struggling retail industry has been one of the worst hit by the coronavirus pandemic, which has forced the closure of many stores. With the traditional high street already weakened by the shift to internet shopping, the COVID-19 crisis has only served to accelerate the online trend, hammering the big names. While Marks & Spencer, […]

As Winter Arrives, Heaters Become a Survival Tool for Businesses

The must-have accessory for many businesses this winter is basic, but lately it has been hard to find: the humble space heater. As coronavirus cases surge, and as people shun or are even barred from gathering in indoor spaces, restaurants, hotels and office buildings are installing outdoor heaters on sidewalks and terraces in a bid […]

Groups Trying to Open Golf to Young People Are Struggling Themselves

Golf has been having a boom year since courses that were closed in the pandemic reopened in June. Even with the hiatus, rounds of golf played this year are now nearly 11 percent ahead of last year’s pace, according to the National Golf Foundation. In October, typically the end of the golf season in many […]

Brexit Is Nipping at London’s Role as a Financial Powerhouse

LONDON — For Britain, its exit from the European Union is supposed to be the start of a new era as a “Global Britain,” an open, inviting and far-reaching country. For the European Union, Brexit is an opportunity to repatriate some business from across the English Channel and further bolster the continent’s economic standing in […]

Warehouse Group warns of possible stock delays

The Warehouse Group has warned it could face some product delays in the months ahead as international supply chain disruption continues. At the company’s annual general meeting, group chief executive Nick Grayston said The Warehouse and Torpedo7 were facing the prospect of stock shortages within some product categories. “Covid-19 has required us to take additional […]

Review COVID-19 tiers every week, ailing hospitality sector urges PM

Boris Johnson must commit to weekly reviews of the coronavirus tiers dictating the ability of pubs, restaurants and nightclubs to trade during the remaining months of the coronavirus pandemic, scores of hospitality chefs will warn on Thursday. Sky News has seen an open letter to the prime minister from dozens of bosses – including executives […]

Boohoo hires phone hacking inquiry judge to oversee supply chain shake-up

Online fashion retailer Boohoo has appointed one of Britain’s best-known former judges to keep tabs on a shake-up of its supply chain following a scandal over the treatment of workers. Sir Brian Leveson, best known for his inquiry into the press following revelations of phone hacking at the News of the World, is to provide […]

Designed to deceive: Do these people look real to you?

These people may look familiar. They may look like users you’ve seen on Facebook, Twitter or Tinder, or maybe people whose product reviews you’ve read on Amazon. They look stunningly real at first glance, but they do not exist. They were born from the mind of a computer. There are now businesses that sell fake […]

MAS rolls out measures to boost job prospects of Singaporeans in the financial sector

SINGAPORE – The Monetary Authority of Singapore (MAS) announced more measures on Thursday (Nov 26) to help develop and retain a core Singaporean workforce for the financial services sector. The measures were announced at a webinar on Thursday (Nov 26) organised jointly by MAS and the Institute of Banking and Finance (IBF), dubbed “Growing Timber”.  […]

Asian shares slip as investors pause for breath after massive rally

WASHINGTON (Reuters) – Asian shares dipped slightly on Thursday as the hot run up in global markets took a breather, with investors switching their focus from vaccine hopes to disappointing U.S. jobs data and new COVID-19 lockdowns.FILE PHOTO: A men wearing a mask walk at the Shanghai Stock Exchange building at the Pudong financial district […]