Tag: Consumer products and services
Insider Q&A: Marcus & Millichap CEO on 2021 property market
LOS ANGELES — After a horrible 2020 that saw many tenants fall behind on rent or go belly up, commercial property landlords are seeing...
Electric van production planned at former Hummer site
MISHAWAKA, Ind. — An Indiana factory that once produced Hummers will be churning out electric vehicles later this year.
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Italy may be in Easter lockdown, but the party’s on at sea
ABOARD THE MSC GRANDIOSA — Italy may be in a strict coronavirus lockdown this Easter with travel restricted between regions and new quarantines imposed....
Russian entrepreneurs adapt to virus lockdown challenges
MOSCOW — Valentina Konstantinova remembers well when Russia locked down for the coronavirus a year ago. Her 18-room boutique hotel, called Skazka, or “Fairytale,”...
Taiwan chip maker TSMC to invest $100B to grow capacity
TAIPEI, Taiwan — Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the next three years in expanding...
Automakers BMW, Volvo back moratorium on deep seabed mining
BERLIN — Automakers BMW and Volvo announced Wednesday that they support a moratorium on deep seabed mining for minerals used in electric vehicle batteries...
H&M swings to loss, affirms commitment to China market
STOCKHOLM — Low-cost fashion brand Hennes & Mauritz AB on Wednesday reported an expected loss in the first quarter. Meanwhile, the pandemic-hit Swedish company...
AC Milan signs multi-year partnership deal with BMW
Zlatan Ibrahimović and his AC Milan teammates will all be getting new cars after the Italian club signed a partnership deal with automobile maker...
Nestle closes sale of bottled water brands in North America
NEW YORK — Global food giant Nestle said Wednesday that it has completed the $4.3 billion sale of its bottled-water brands in North America...
Biden, CDC director warn of virus rebound if nation lets up
WASHINGTON — President Joe Biden and a top health official warned that too many Americans are declaring virus victory too quickly, appealing for mask...