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Skip the fancy restaurant and try a food hall on your next business trip

Food halls are the promised land for intrepid as well as indecisive diners. Slurp up soup dumplings here; grab a bánh mì sandwich there; munch on a fish taco elsewhere. Finish up with a mango mochidoki — and return the next day for an entirely different menu. For the business traveler, food hall dining is […]
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6:16 PM GMT+0000 / November 10, 2018

Fortune magazine sold for second time this year — for $150 million in cash

Parent company Meredith has “found some very unexpected buyers,” said one industry analyst. Meredith said on Friday it has an agreement to sell Fortune magazine to Thailand-based entrepreneur Chatchaval Jiaravanon, who is using his personal money to acquire the storied brand for $150 million. Jiaravanon is the second wealthy individual to come to the rescue […]
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6:19 PM GMT+0000 / November 9, 2018

‘Business as usual’ KBL counter measures with a solution to the US-China Trade War.

On January 1st, 2019 America will impose a 25% import duty on all Chinese products, which will eventually rise to between from 25 – 40%, dramatically affecting US companies dependent on sourcing products and material from the Republic of China. KBL,a global contract manufacturer and fulfillment corporation headquartered out of Los Angeles, California, will continue […]
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3:00 AM GMT+0000 / November 9, 2018

Tesla names director Denholm as chair after Musk rows

Tesla Inc (TSLA.O) has ended weeks of speculation by promoting one of the electric carmaker’s independent directors, Australian accountant Robyn Denholm, to replace Elon Musk as chairman. The change in structure at the Silicon Valley firm, agreed to by Musk in a September court settlement with regulators, is supported by many on Wall Street who […]
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4:04 PM GMT+0000 / November 8, 2018

Michael Kors and Coty shares hit by weak European sales

Shares in Michael Kors plunged on Wednesday following weaker-than-expected sales at its namesake brand. Sales at Michael Kors stores open for at least 12 months fell 2.1%, while licensing revenue was down almost 7%. The US fashion firm has responded to the struggles at its core brand by taking over luxury European labels Versace and […]
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5:48 PM GMT+0000 / November 7, 2018

EU approves Disney buy from Fox if makes TV divestments

BRUSSELS – Walt Disney’s (DIS.N) $71.3-billion offer to buy Twenty-First Century Fox Inc’s (FOXA.O) entertainment assets won approval from the European Commission on Tuesday, subject to Disney selling interests in factual TV channels in Europe. The EU competition regulator said in a statement that Disney had committed to divest its interests in channels including History […]
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6:45 PM GMT+0000 / November 6, 2018

SoftBank’s billionaire CEO says he won’t turn his back on Saudi investment

“These funds are important to the Saudi people in ensuring their economy diversifies and is no longer dependent on oil,” said Son. Masayoshi Son, the billionaire founder and chief executive officer of Japan’s SoftBank, said Monday he is not turning his back on investments with Saudi Arabia, despite the murder of Washington Post journalist Jamal […]
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3:08 PM GMT+0000 / November 5, 2018