(Reuters) – Ralph Lauren Corp (RL.N) said on Tuesday its quarterly revenue plunged by nearly $1 billion, as it struggled with coronavirus-led store closures and a...
WASHINGTON/LONDON (Reuters) – Virgin Atlantic Airways Ltd [VA.UL] is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which...
LONDON (Reuters) – The aviation sector carries the biggest risk of corporate default as a result of the coronavirus pandemic, according to a survey of insurers...
AMSTERDAM (Reuters) – Booking Holding Inc. (BKNG.O), the U.S.-based company that owns travel website Booking.com, intends to reduce its 17,000 work force by 25% as a...
Tourism authorities in Maldives on Monday made a significant cut to the penalty payable for delayed lease rent payments. Under an amendment to the regulations on...
LONDON (Reuters) – People across Britain enjoyed half-price meals on Monday as the government launched its “Eat Out to Help Out Scheme” aimed at driving up...
NEW DELHI (Reuters) – New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing Chinese goods to India with little added...
By Afeef Hussain Years ago, I had an opportunity to consult and guide a company to elevate its human capital development strategies. One of the conversations was...
NEW DELHI/SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) is forging a comeback in India’s smartphone market with a new range of budget devices and a...
MANILA (Reuters) – Remittances across the world could decline by $108.6 billion this year as job losses mount and employers trim payrolls amid a COVID-19 pandemic...