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☆ How a global seafood giant broke Red Lobster
▼ + stars: | 2024-05-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +15 min

Former Red Lobster employees say that while the pandemic, inflation and rent costs impacted Red Lobster, Thai Union’s ineptitude was the pivotal factor in Red Lobster’s decline. Kenny criticized Red Lobster employees at meetings and made derogatory comments about them, according to former Red Lobster leaders who worked closely with Kenny. Red Lobster’s annual customer count has dropped by 30% since 2019, Red Lobster said in its bankruptcy filing. Red Lobster employees say they were pressured by Thai Union representatives to buy more seafood from Thai Union. Thai Union representatives also began sitting in on meetings between Red Lobster and seafood suppliers, said one of the former Red Lobster employees who witnessed these conversations.

Persons: “, Ludovic Garnier, Jorge Silva, Red Lobster’s, ”, Les Foreman, Red, Thiraphong Chansiri, Angel, Feng shui, Chansiri, Amanda Mustard, Paul Kenny, Kenny, ’, Kenny’s, Bill Darden, General Mills, Darden, Kelli Valade, Valade, Trin, Tapanya, Kevin Lamarque, Barry Fulghum, Lobster, Leah Millis Organizations: New, New York CNN, Thai Union Group, Red, Lobster, Thai Union, CNN, Red Lobster, John West Foods, longtime, Reuters, Thai, West Coast, Lobster’s, Bloomberg, Getty, Minor, Thai Union —, Union, Darden, Gate, Golden, Capital, Facebook, Thai Union . Thai Union, ” Thai Union Locations: New York, Thai, Thailand, Thai Union, United States, Orlando, Australian, Dallas, America, United, Texas, Spring , Maryland

☆ Why the Year of the Dragon doesn't bode well for China’s declining population
▼ + stars: | 2024-02-14 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

In this zodiac cycle, those born between Feb.10, 2024 and Jan. 28, 2025 will be classified as "Dragon babies." While people in China also hold these beliefs, birth rates in the country have actually fallen during the "Dragon Years." For instance, Singapore's birth rates rose by 21% in 1988, and 8% in 2000 and 2012. Asian folklore, however, may not be able to do much for China's falling birth rates, which could continue to drop "quite precipitously," Tay warned. China's birth rates have seen a secular decline, falling to 6.39% in 2023 from 22.37% in 1988.

Persons: Jacelyn Phang, feng, Yuan Zhong Siu, Phang, Erica Tay, Maybank, Tay, Tianchen Xu Organizations: CNBC, The Economist Intelligence Locations: China, Asia

☆ Chinese zodiac fortune predictions for 2024
▼ + stars: | 2024-02-09 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +19 min

Natalie Leung/CNN, Adobe StockMonkeys are going to have a relatively stable year. Natalie Leung/CNN, Adobe Stock“This year, you may have to work a bit harder and work longer hours than usual. Natalie Leung/CNN, Adobe Stock“It isn’t the worst year but there are going to be some challenges. Natalie Leung/CNN, Adobe Stock“According to ancient Chinese philosophy, Tigers and Dragons have a complicated relationship. Natalie Leung/CNN, Adobe StockAll you Rabbits can give yourself a pat on the back.

Persons: Hong Kong CNN —, There’s, ”, Chen, “, Thierry Chow, CNN Chow, floristry, “ It’s, Chow, Xuan, Duke, Jupiter, Stringer, VCG, Zhang Yu, Ulet Ifansasti, Johanes, NurPhoto, Zhang Cheng, Wu Wenjun, Axel Miranda, Tai Sui –, Tai Sui, Natalie Leung, Ben Ming Nian, “ Let’s, Ben Ming, “ You’ll, Ma Xing, –, it’s, It’s, there’s, ” Chow, Xing Tai Sui Organizations: Hong Kong CNN, CNN, Shui, China News Service, Spring, Reuters Workers, Adobe, Adobe Stock, Adobe Stock People, ”, Roosters, Tiger Tigers, Dragons, Tigers Locations: Hong Kong, Asia, Xuan Kong, Xi'an, Shaanxi Province, China, Beijing, Solo City, Indonesia, Dharmayana, Bali , Indonesia, Guangzhou, China's, Guangdong Province, Barcelona, Spain, Nanchang, Jiangxi Province

☆ Opinion | The Year of the Dragon Plant
▼ + stars: | 2024-02-09 | by ( Bonnie Tsui | ) www.nytimes.com time to read: +1 min

We call it the mother plant, and, like my gung gung, it’s always been there. My grandfather’s name was Suey Lin Dong; gung gung is Cantonese for maternal grandfather. As a gesture of housewarming, his own mother gave him a dracaena plant; with his attention, it bloomed, sprouted new branches, bloomed again. In this time of grief, we piece together the story of the mother plant. Dracaena comes from the Greek drakaina, for dragon; in some species, cutting the bark secretes a red medicinal resin, known as dragon’s blood.

Persons: it’s, Suey Lin Dong, gung gung, bloomed, Dracaena Locations: New York City, Hong Kong, Chinatown, Flushing , Queens

☆ CLSA Feng Shui Index: We think the HSI will break even by mid-year, analyst says
▼ + stars: | 2024-02-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCLSA Feng Shui Index: We think the HSI will break even by mid-year, analyst saysJustin Chan, equity research analyst at CLSA, says "after a slow start in the first quarter, we think that the Han Seng Index will break even by mid-year, and then continue to rise up, eventually reaching new heights."

Persons: Justin Chan Organizations: Shui

☆ FTX spent $1 million removing one doorway and adding another after a dispute over feng shui, biography says
▼ + stars: | 2023-10-02 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

FTX hired two architects to design its multi-million dollar Bahamas HQ, per an upcoming biography. That unveiled one anecdote where FTX spent $1 million to settle an argument over a door in its former office. AdvertisementAdvertisementFTX spent $1 million removing one doorway and adding another when it was headquartered in Hong Kong, according to an excerpt from Michael Lewis' upcoming biography shared by The Times of London. AdvertisementAdvertisement"We were supposed to design a mini-city," Rosenfield told the biographer. In the end, the doorway was removed and another one was added instead, which cost $1 million, according to Lewis' biography.

Persons: FTX, —, Michael Lewis, Lewis, Ian Rosenfield, White, Rosenfield, I've Organizations: Bahamas, Service, The Times, Fortune Locations: Hong Kong, London, Bahamas, Asia

☆ Exclusive: China's Trina Solar plans $400 mln Vietnam plant after US sanctions - sources
▼ + stars: | 2023-09-27 | by ( Francesco Guarascio | Thomson Reuters | Francesco Leads A Team Of Reporters In Vietnam That Covers Top Financial | ) www.reuters.com time to read: +3 min

Trina, one of the world's biggest solar panel makers by sales, would invest $400 million in the plant that would span 25 hectares of industrial land. Production is set to begin in 2025, one of the sources with direct knowledge of the plan said. Another person who was involved in discussions with the company said Trina had flagged $600 million in possible investment in Vietnam. Another source said Trina Vietnam's power supply problems were being considered as the company weighed options for its possible expansion. A heatwave in June hit the output of hydropower, Vietnam's second biggest source of electricity, forcing factories to temporarily suspend production due to power cuts.

Persons: Trina, Trina Solar, FENG SHUI, Feng shui, Francesco Guarascio @fraguarascio, Phuong Nguyen, Miyoung Kim Organizations: Reuters, U.S . Department of Commerce, P Global Market Intelligence, Thomson Locations: Vietnam, Thailand, HANOI, United States, Southeast Asia, U.S, Beijing, Washington . China

☆ 'Who should I hire? Will I get rich?' Fortune telling is a booming business in Singapore
▼ + stars: | 2023-09-25 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +7 min

To determine if a candidate was a good fit for his company, one CEO is said to have consulted a "feng shui" master. From who to hire to where to put their money and when is the best time to get married, more and more people are turning to fortune telling in Singapore. "Especially if it's a C-suite hire, or if it's a very important hire and the companies are unsure. said Chase Woo, managing partner at Hoseiki, a feng shui atelier which also does consultations. Jonathan Lok consulted a feng shui master before picking Jan. 27 to get married.

Persons: Luis Acosta, it's, Benedict, Feng shui, Mark Tan, Tan, Jing, Chase Woo, she's, feng shui, Roslan Rahman, Woo, Jonathan Lok Organizations: Afp, Getty, SINGAPORE, Way, Singapore's Department of Statistics, Singapore's Ministry of Manpower, Tripartite, country's Association of Small, Enterprises, Fengshui, Nurphoto Locations: Singapore

Houses at the Redhill Peninsula, a luxurious residential estate in the Tai Tam area of Hong Kong, on September 13. She was referring to the Hong Kong International School, one of the most prestigious in town. Flooded roads after heavy rains in Hong Kong on September 8. Typhoon Saola, which barreled through Hong Kong on September 1, was the strongest to hit the city in five years. Scientists say climate change will make such weather events only more frequent and some are urging Hong Kong to rethink its rain mitigation strategy.

Persons: Hong Kong CNN —, Feng Shui, –, Benny Chan, Chris Lau, ”, Tyrone Siu, Saola, Haikui, Hong Kong, Leung, ” Leung, Mai, Ray Su, Su, wouldn’t, John Lee, Chan, ” Chan, “, Chan Kim Organizations: Hong Kong CNN, South China, Hong Kong Institute of Architects, CNN, Redhill, Porsche, Rover, Ferrari, Hong Kong International School, RTHK, University of Hong, Hong Kong’s Buildings Department, Liber Research Locations: Hong Kong, South, tycoons, Redhill, Tai Tam, Malibu, Los Angeles, “, Hong, University of Hong Kong

☆ In Hong Kong, homes for the dead can be more expensive than for the living
▼ + stars: | 2023-07-07 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +8 min

Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. The wavy exterior of Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. Architect Ulrich Kirchhoff at Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. The entrance of Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2. Niche compartments to store urns at Shan Sum, a private columbarium tower in the Kwai Chung district of Hong Kong on June 2.

Persons: Noemi Cassanelli, Shan, Kwai Chung, Shan Sum’s, Ulrich Kirchhoff, Feng Shui, Margaret Zee, Zee, “, it’s, ” Zee, “ It’s, they’ve, Hong Kong’s, Hong Kongers, Cassanelli, Shun Sum, Pan Tong, Zee’s, Guanyin, I’m, ” Tong Organizations: Hong Kong CNN, HK, CNN, Hong Kong’s Consumer Council, Hong, Food, Environmental Hygiene Department Locations: Hong Kong, German, Kwai Chung, Kwai, Fanling, New York City, Hong, Shan

☆ This 40-year-old pays $1,600/month to live in a tiny home by the beach—it's smaller than the average parking spot
▼ + stars: | 2023-07-01 | by ( Sung Yoo | ) www.cnbc.com time to read: +4 min

Tristan Pelletier for CNBC Make ItMy rent, including utilities, parking and WiFi, is $1,600 a month. A look inside my tiny homeThe house is smaller than the average size of a parking spot (which is roughly 150 square feet). Tristan Pelletier for CNBC Make ItThe glass door allows for plenty of natural light and really opens up the space. Tristan Pelletier for CNBC Make ItThe bedroom area is a little a cove that fully surrounds my mattress. Tristan Pelletier for CNBC Make ItBuilt to be energy efficient, the temperature is regulated by concrete panels.

Persons: I'm, Tristan Pelletier, it's, I've, Sung Organizations: CNBC, Minarc, Scouts Locations: New York City, Santa Monica , California, New York, Santa Monica, York

☆ Chinese regulators warn four analysts over Feb 2022 strategy report
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +2 min

The research report, published in February 2022 when China was battling the pandemic, predicted that the domestic stock market would still seek bottom following a rebound, as the economy was under heavy downward pressure. Negative comments by analysts and commentators in China are often censored and have come under increased regulatory scrutiny. The warning comes as China's stock market is struggling to stand on its feet amid signs the post-COVID recovery is losing steam. Other analysts and commentators in China have been censored or come under scrutiny after negative comments in the past. Separately, China's securities watchdog last March launched a crackdown on brokerages using feng shui to predict stock market trends in their research notes, state media reported.

Persons: CSRC, Zhang Xia, Chen Gang, Geng Ruitan, Tu, Yi Huiman, Hong Hao Organizations: China Merchants Securities, China Securities Regulatory Commission, Bank of Communications International Holdings Co, Shanghai, Thomson Locations: SHANGHAI, China, Shenzhen

☆ A Feng Shui-Inspired Malibu Home Hits the Market for $68.8 Million
▼ + stars: | 2023-03-02 | by ( Libertina Brandt | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. In Malibu, Calif., an oceanfront home designed with feng shui in mind is returning to market for $68.8 million.

☆ A New Feng Shui Cycle Starts Soon and Distressed Financial Traders Are All In
▼ + stars: | 2023-02-03 | by ( Elaine Yu | ) www.wsj.com time to read: 1 min

Banking is full of number crunchers—but Tsoi Sze Long is a little different. Mr. Tsoi, a feng shui expert in Hong Kong, uses elaborate formulas to help clients decide what objects to keep around them, what sort of lighting they should use, and even where they should sit in an office. He said he is increasingly winning business from people who work in finance.

☆ CLSA's top picks for the Lunar Year of the Rabbit
▼ + stars: | 2023-01-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCLSA's top picks for the Lunar Year of the RabbitCLSA's annual Feng Shui Index predicts Hong Kong's Hang Seng Index will have a strong start to the Year of the Rabbit, but it won't all be smooth sailing, says research associate Justin Chan.

☆ I plan parties for the ultrawealthy. We get multimillion-dollar budgets to source real reindeer, fire-breathing dragons, and gift bags filled with Dior jewelry.
▼ + stars: | 2022-12-20 | by ( Claire Turrell | ) www.businessinsider.com time to read: +9 min

But we're also asked to organize their holiday parties. We take our holiday parties to the next levelIt's not unusual for us to be given a multimillion-dollar budget to arrange a festive party. Our holiday parties take place all year roundAs we have offices across the globe, we organize holiday parties all year round. A private client event around Chinese New Year featuring a smoke-breathing dragon. Party guests could board the train and walk through the carriages.

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