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Sporting goods maker Adidas (ADSGn.DE) has launched the sale of its Reebok brand in an auction which risks being affected by a political row over possible forced labour in China's western Xinjiang region, three sources told Reuters. ....
ChinaPandora eyes U.S., China for fresh sparkle after strong start to 2021 Jacob Gronholt-pedersen 1/4 Read More Jewellery maker Pandora (PNDORA.CO) on Tuesday announced a push for growth in the United States and China, and potential expansion into new areas such as watches and bags, after posting forecast-beating first-quarter operating profit. Strong online sales and the impact of stimulus packages in the United States helped lift operating profit more than four-fold to 903 million crowns ($146.2 million) between January and March, versus 833 million crowns forecast in a company-compiled poll. Pandora s new strategy aims to strengthen its brand in key markets, particularly the world s two biggest economies, and over time to potentially extend into other product categories, Chief Executive Alexander Lacik told Reuters in an interview. ....
Wapda engineers to wear black ribbons in protest from tomorrow National May 2, 2021 LAHORE: Wapda engineers have decided to wear black ribbons in protest from tomorrow (Monday). Welfare Association of Wapda Engineers (Reg) has planned protest drive against non-approval of technical allowance and not being given appointment for meeting Wapda chairman for highlighting their issues. They also opposed posting of chief engineer from outside Wapda and called it a shameful act of director labour & welfare. ....
AfricaSouth Africa s Pepkor H1 profit seen up 20% as cash-strapped shoppers seek value Reuters 3 minutes read South African retailer Pepkor Holdings (PPHJ.J) said on Wednesday half-year earnings were expected to rise by at least 20%, supported by growth at its discount clothing business and a reduction in net debt and finance costs. South African clothing retailers have been hit as a second wave of COVID-19 infections and job losses constrain discretionary spending. However, Pepkor, majority-owned by Steinhoff (SNHJ.J), is faring better than others with its focus on budget-conscious consumers, including more than 17 million South Africans on welfare and special COVID-19 grants. ....
April 27, 2021 The US Centers for Disease Control and Prevention on Tuesday issued new guidance on outdoor mask use for fully vaccinated Americans. Courtesy file photo WASHINGTON The US Centers for Disease Control and Prevention on Tuesday issued new guidance on outdoor mask use for fully vaccinated Americans. Fully vaccinated people can now unmask at small outdoor gatherings, or when dining outside with friends from multiple households. The CDC is telling unvaccinated people that they still need to wear a mask at such gatherings. If you are fully vaccinated and want to attend a small outdoor gathering with people who are vaccinated and unvaccinated, or dine at an outdoor restaurant with friends from multiple households, the science shows if you are vaccinated, you can do so safely unmasked, CDC Director Dr. Rochelle Walensky said during a virtual White House briefing on Tuesday. ....