By Casey Hall and Sophie Yu SHANGHAI (Reuters) – The culinary tourism business of Brian Bergey and his wife Ruixi Hu has persevered in China through three years of harsh COVID-19 restrictions. B[...]
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Disney’s Iger may have to cut costs as streaming loses money
By Aditya Soni and Eva Mathews (Reuters) – Saving Walt Disney Co this time will require Bob Iger to show off a different side to his character. The legendary chief executive who transformed Disn[...]
Read moreTesla safety at centre of South Korean trial over fiery, fatal crash
By Ju-min Park SEOUL (Reuters) – In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a prominent lawyer – a close[...]
Read moreDisney’s Bob Iger returns to lead post-pandemic revamp
(Reuters) – Bob Iger is returning as Walt Disney Co’s chief executive officer in a bid to restore confidence in the entertainment giant and chart a faster path to profitability for its str[...]
Read moreNestle’s Nespresso to sell paper-based compostable coffee pods
ZURICH (Reuters) – Nestle’s Nespresso coffee business is launching paper-based compostable capsules to attract customers put off by the Swiss packaged food giant’s metal ones, which[...]
Read moreSimon & Schuster’s owner to let sale to Penguin fall apart, sources say
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Book-publishing powerhouse Simon & Schuster’s owner will let its $2.2 billion sale to Penguin Random House collapse on Monda[...]
Read moreFTX founder’s remarks pose challenge for his lawyers
By Andrew Goudsward (Reuters) – FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly[...]
Read more‘Wave’ of lawsuits over FTX expected, but investors will face legal hurdles
By Jody Godoy (Reuters) – A lawsuit by FTX account holders in the United States is likely the first of many that will be brought over billions of dollars in losses on the cryptocurrency exchange[...]
Read moreBurberry’s London stores lose out as tourists head to tax-free Paris, Milan
By Paul Sandle and Sarah Young LONDON (Reuters) – London is losing out to Paris and Milan as a tourist destination for high-spending shoppers over the lack of a tax incentive, British luxury bra[...]
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