In the last one-year, the Apparel retail sector has been one of the worst hit and is still operating below pre-COVID levels, raising concerns of a permanent business impairment risk to retailers.
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TOKYO -- Japanese shares rose for a fourth straight session on Friday, as technology stocks bounced back while expectations that low interest rates and big fiscal spending would continue to support global economic growth kept investor sentiment supported. Read More
SHANGHAI/NEW YORK -- Asian shares pushed higher on Friday after U.S. President Joe Biden signed a $1.9 trillion stimulus bill into law, and as a retreat in bond yields overnight eased global concerns about rising inflation. Read More
MEXICO CITY -- Mexico's government will study the need for a tax reform this year and is talking to regional authorities about their fiscal requirements to see if it is warranted, Finance Minister Arturo Herrera told Reuters on Thursday. Read More
WASHINGTON -- The head of the U.S. House of Representatives transportation panel urged the Federal Aviation Administration on Thursday to extend a "zero-tolerance" policy for passengers not wearing masks or causing disturbances on flights. Read More