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Search resuls for: "mulling"


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While on vacation, Susan Hodgson's neighbor called to say her house was being completely torn down. Hodgson says she's not even had an apology from the demolition company, which is investigating the incident. AdvertisementAdvertisementA woman is mulling the next steps after a company mistakenly demolished a home she owned in southwest Atlanta. Hodgson said a neighbor called while she was away and asked if someone had been hired to tear down the vacant house. When a person in charge at the site checked the permit, Hodgson said he admitted he was at the wrong address.
Persons: Susan Hodgson's, Hodgson, she's, , Susan Hodgson, Everett Tripodis Organizations: Service, Associated Press, Atlanta -, Atlanta, WSB Locations: Atlanta
Running for Our Lives
  + stars: | 2023-10-21 | by ( Melissa Kirsch | More About Melissa Kirsch | ) www.nytimes.com   time to read: +2 min
The obvious answer is that we run to be healthy, to improve our cardiovascular systems and our moods, to become fitter and stronger. But sometimes it feels like the real reason that I run is to get better at running. But running in particular seems intricately linked to questions of endurance, of grit and commitment and even moral rectitude. “Running is more than a sport or a form of exercise, a passion or a pastime. I started running because I wanted to reclaim the practice from my elementary school days, when the Presidential Fitness Test — and its crowning glory, the mile run — was accepted as a meaningful measure of a child’s worth.
Persons: We’ve, it’s Organizations: American College of Cardiology
Japanese national flag is hoisted atop the headquarters of Bank of Japan in Tokyo, Japan September 20, 2023. The benchmark JGB yield climbed to 0.845% right at the start of the trading day, its highest since July 2013, after revisiting peaks the previous day as well. But it eased immediately after the BOJ announcement, and was last 1.0 basis point (bp) lower than Thursday's closing level at 0.83%. The BOJ caps the 10-year yield at 1% under its yield curve control (YCC) policy, after doubling it in a surprise move at the end of July. "If the yen crosses 150, it would of course be more difficult for the BOJ to intervene in the JGB market.
Persons: Issei Kato, Masayuki Kichikawa, YCC, Fumio Kishida, Brigid Riley, Kevin Buckland, Shri Navaratnam Organizations: Bank of Japan, REUTERS, Rights, Sumitomo Mitsui DS Asset Management, Treasury, Thomson Locations: Tokyo, Japan, U.S
The committee is investigating Shein over concerns that Uyghur forced labor is being used in its supply chain and has gone undetected because of the de minimis provision. The committee has not yet drawn conclusions about forced labor in Shein's supply chain. When asked about claims of forced labor in Shein's supply chain, Claure told CNBC he doesn't "believe those allegations are correct." However, forced labor can still show up in other parts of the supply chain, said Chloe Cranston, the head of thematic advocacy programmes at Anti-Slavery International. In 2022, 11% of audits turned up "zero tolerance violations," including child labor, forced labor and wage violations, and 28 suppliers were terminated as a result, according to the company.
Persons: Elham Ataeiazar, Shein, Donald Tang, Matt Kennedy, they're, they've, Mike Gallagher, Elise Stefanik, Steve Scalise, Chip Somodevilla, we're, Marcelo Claure, Claure, Ralph Lauren, Rupert Hodges, Oritain, Chloe Cranston, Cranston, It's, it's, Shang, Jin Wei, Wei, Austin Knudsen, Chris Xu, Jade Gao, Knudsen, Gary Gensler Organizations: Wall, Bear, Chinese Communist Party, U.S, Renaissance Capital, CNBC, Bloomberg, Nike, Adidas, Republican National Committee, Washington , D.C, D.C, Target, Costco, Visual China, Getty, Workers, Columbia University's, Communist, CCP, Microsoft, AFP, U.S . Securities, Exchange Locations: Bear Stearns, U.S, China, Beijing, Xinjiang, Washington ,, Washington, Singapore, Nanjing, United States, Chinese, Guangzhou, Brazil, Turkey, India, Mexico, Montana
Vanguard sells stake in joint venture with China's Ant
  + stars: | 2023-10-17 | by ( ) www.reuters.com   time to read: +1 min
A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File Photo Acquire Licensing RightsOct 17 (Reuters) - U.S. mutual fund issuer Vanguard Group said on Tuesday it had sold its stake in a joint venture with Chinese fintech giant Ant Group, hastening its retreat from the world's second-biggest economy. Vanguard said it will prioritize regions where it offers its own investment products and services. Its 49% stake in the venture, a digital investment advisory service, has been sold to Ant. A Reuters report in March said Vanguard was mulling a retreat from China after a six-year presence in the country.
Persons: Aly, Niket, Anil D'Silva Organizations: Ant Group, REUTERS, Vanguard, Ant, BlackRock, Fidelity, Reuters, Bloomberg News, Thomson Locations: Alibaba, Hangzhou, Zhejiang province, China, Washington, Beijing, Taiwan, Bengaluru
Vanguard sells stake in joint venture with Ant - Bloomberg News
  + stars: | 2023-10-17 | by ( ) www.reuters.com   time to read: +1 min
A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File Photo Acquire Licensing RightsOct 17 (Reuters) - U.S. asset management giant Vanguard Group has sold its 49% stake in a joint venture with Jack Ma-backed Ant Group Co, Bloomberg News reported on Tuesday, citing people familiar with the matter. An increase in geopolitical tensions recently, however, has prompted some investing giants to split off their China arms. Vanguard did not immediately respond to a Reuters request for comment. Ant did not respond to a request for comment outside business hours.
Persons: Aly, Jack Ma, Ant, Niket, Anil D'Silva Organizations: Ant Group, REUTERS, Vanguard, Ant, Bloomberg, BlackRock, Fidelity, Thomson Locations: Alibaba, Hangzhou, Zhejiang province, China, U.S, Bengaluru
A New Membership Club Bets on Black Business
  + stars: | 2023-10-15 | by ( Brian Josephs | ) www.nytimes.com   time to read: +1 min
Marva and Myriam Babel spent much of the past few years thinking about the concept of a space, especially how to sustain one in a gentrifying borough. Now that they have a new one, a membership club in Brooklyn called Babel Loft, they have been mulling over how to fill it. equipment atop white marble, could be a work space during the day and a dance spot by night. Another left turn brings visitors back to the entrance facing the main area, as if they had gone through one rotation of a vinyl record, Marva Babel pointed out. “Every place will be intentional, and that’s a work in progress,” Myriam Babel (pronounced “babble”) said after the tour.
Persons: Marva, Myriam Babel, Dick Gregory, Babel, ” Myriam Babel, “ That’s, Locations: gentrifying, Brooklyn, Questlove
China's Ministry of Commerce has previously accused the U.S. of abusing export controls and called for it to "stop its unreasonable suppression of Chinese companies." Washington has been working to close other loopholes that allow the AI chips into China. In August, it told Nvidia and AMD to restrict shipments of the AI chips beyond China to other regions, including some countries in the Middle East. Sources said the new rules on AI chips expected this month will likely apply those same restrictions more broadly to all companies in the market. But sources say the Biden administration is grappling with that issue as well.
Persons: Florence Lo, Biden, Greg Allen, Hanna Dohmen, George, CSET, Timothy Fist, Alexandra Alper, Karen Freifeld, Chris Sanders, Anna Driver Organizations: REUTERS, United, Reuters, Center for Strategic, International Studies, Commerce Department, Embassy, China's Ministry of Commerce, U.S, Georgetown University's Center for Security, Emerging Technology, International Affairs, George Washington University’s School of International Affairs, Nvidia, Xilinx, Intel, AMD, Amazon Web Services, Washington, New, New American Security, Thomson Locations: United States, Beijing, China, U.S, Shenzhen . Washington, Singapore, Washington, Georgetown, Microsemi . Washington, New American
The Wall Street Journal was first to report Peltz's push for board seats. Disney had rejected Peltz as a possible board member. Disney has undergone a period of transformation, restructuring the company and streamlining operations to make the business more cost effective. In addition, Disney is laying plans to make its flagship ESPN sports network available via streaming at some point in the future. Facing trouble last year, Disney's board brought Iger out of retirement in November for a second turn at running the company.
Persons: Mario Anzuoni, Nelson Peltz, Mickey Mouse, Peltz's, Trian, Bob Iger, Peltz, Iger, Disney, Disney's, Ed Garden, Matthew, Josh Frank, Svea Herbst, Bayliss, Krishna Chandra Eluri, Savio D'Souza, Tomasz Janowski, Leslie Adler Organizations: Walt Disney Studios, Writers Guild of America, REUTERS, Walt Disney, Peltz's Trian Fund Management, Disney, Peltz, ESPN, Svea, Thomson Locations: Burbank , California, U.S, Disney, New York, Rhode Island, Bengaluru
Apple is interested in the exclusive global rights for Formula 1 races, Business F1 reported. The iPhone maker could offer up to $2 billion a year for the rights, per the report. AdvertisementAdvertisementApple is reportedly considering making a bid of up to $2 billion a year for the rights to show Formula 1 races, according to a report by Business F1. Formula 1 Group declined to comment to Business F1 and didn't immediately respond to a request for comment from Insider. CHANDAN KHANNA/Getty ImagesAn MLS Season Pass costs $14.99 a month or $29 a season, while Apple TV+ subscribers pay $12.99 a month or $25 a season.
Persons: , Tim Cook, JIM WATSON, Lionel Messi, CHANDAN KHANNA, Apple wouldn't Organizations: Apple, Business, Major League Soccer, Service, Prix, Liberty Media, Sirius XM, MLS, Inter Miami, Wall Street, ESPN, ABC, Forbes, Sky, Revenue, Parks Associates, Amazon, Football, Sports Media Watch Locations: Austin , Texas
The PGA Tour logo is seen during the third round of the Travelers Championship at TPC River Highlands in Cromwell, Connecticut, on June 24, 2017. The discussions, which are in preliminary stages, stem from a PGA Tour investment vehicle created as part of the framework agreement for its proposed deal with PIF. "Throughout 2023, the PGA Tour has demonstrated its strength, reach and value as an enterprise. In June, the PGA Tour announced a proposed deal that would see it combine with rival LIV Golf following months of lawsuits and competition between the two. The deal between LIV and the PGA Tour has faced criticism and controversy.
Persons: LIV, Saudi Crown Prince Mohammed bin Salman, PIF Organizations: Investment, Endeavor Group Holdings, Fenway Sports Group, PGA Tour, PGA, Public Investment Fund, Endeavor, Fenway, Bloomberg, LIV Golf, Saudi Crown, LIV, UFC, Wrestling Entertainment, Major League Baseball's Boston Red Sox, Liverpool Football Club, National Hockey League's Pittsburgh Penguins Locations: Cromwell , Connecticut, Saudi
Rep. Dean Phillips still hasn't ruled out launching a primary challenge against President Joe Biden. But he still says he's not the best candidate, and that there's still time for someone else to do it. "I recognize there'd be laughter, there'd be distaste, there would be disgust," he said of his own bid. "I do still think there's some time for somebody to enter," the Minnesota Democrat said in an interview with Steve Schmidt that was first shared with POLITICO on Monday. A spokesman for the Biden campaign did not immediately respond to Insider's request for comment.
Persons: Dean Phillips, hasn't, Joe Biden, he's, Steve Schmidt, I'm, Phillips, Gretchen Whitmer, Tim Walz, , Biden, Donald Trump, Hillary Clinton Organizations: Service, Democratic, Minnesota Democrat, POLITICO, Biden, GOP, Trump, Washington Post, ABC News Locations: Wall, Silicon, Michigan, Minnesota
UNITED NATIONS (AP) — Just a few years ago, artificial intelligence got barely a mention at the U.N. General Assembly's convocation of world leaders. Presidents, premiers, monarchs and cabinet ministers convened as governments at various levels are mulling or have already passed AI regulation. And many eyes are on the United Nations as perhaps the only place to tackle the issue at scale. LOTS OF PEOPLE TALKING, BUT PERHAPS A SLOW PROCESSBut if the United Nations has advantages, it also has the challenges of a big-tent, consensus-seeking ethos that often moves slowly. Ideas differ about what a potential global AI body should be: perhaps an expert assessment and fact-establishing panel, akin to the Intergovernmental Panel on Climate Change, or a watchdog like the International Atomic Energy Agency?
Persons: Assembly's, it's, Amandeep Gill, António Guterres, Sam Matekane, Pushpa Kamal Dahal, Thórdís Kolbrún, Joe Biden, Washington, , ” Omar Al, “ What’s, James Manyika, , Ian Bremmer, Gill, ” “ It’s, it’s, There's, OpenAI, Olatunbosun Tijani, , Minister Aisén Etcheverry, ” Etcheverry, Rose, Nakasi Organizations: UNITED NATIONS, diplomacy's, Industry, Outsiders, United Nations, Safety, Israel, Assembly, United Arab Emirates, Tech, Google, Eurasia Group, European Union, International Atomic Energy Agency, . Security, New York Public Library, Chilean, Minister, General, Makerere, General Assembly Locations: Namibia, North Macedonia, Argentina, East Timor, , Spain, New York, Nigeria, who's, India, Ugandan
To meet a heightened demand for abortion care, New Jersey may permit midwives to perform abortions. Since the overturn Roe v. Wade, many states have limited access to abortion care or implemented bans. If successful, it would make New Jersey one of about ten states that allow certified midwives or nurse-midwives to perform abortions. The potential new rule, proposed by the state's Board of Medical Examiners, would allow midwives to perform surgical abortions through the 14th week of gestation, the Monitor reported. From June to November 2022, the number of legal abortions performed in New Jersey rose by 7%, the New Jersey Monitor previously reported, citing statistics from a national study on abortions.
Persons: Roe, Wade Organizations: Service, New, New Jersey Monitor, state's, Medical, Monitor, Centers for Disease Control, Food & Drug Administration, American College of, Guttmacher Institute Locations: New Jersey, Wall, Silicon, Jersey
It got me thinking about the money I have stashed away in my current high-yield savings account. Here's why I'm sticking to my current savings account. With Ally, I can enjoy the fact that there are no monthly account fees, nor a minimum balance requirement. That's more money than I would ever feel comfortable keeping in a short-term savings account, let alone locked for a long stretch. Sure, rates are a big part of deciding which high-yield savings account to go with.
Persons: I've, Ally, There's, you'll Locations: Michigan
Meanwhile, failed uprisings in Bahrain and eastern Saudi Arabia were followed by years-long crackdowns and a continuing civil war in Syria. “What we’re beginning to see in Saudi Arabia right now is the emergence of a new social contract. Saudi Arabia is the world’s biggest exporter of crude oil, and nearly two-thirds of its income still comes from selling fossil fuels. If Saudi Arabia can become a hub for major sporting events, then that’s a way of attracting interest to the country,” said Maguire. In response to previous criticism about Saudi Arabia’s purported “sportswashing,” the kingdom’s sports minister Prince Abdulaziz bin Turki Al-Faisal said: “People that don’t know Saudi Arabia, have never been to Saudi Arabia, go out and talk about it as if they’ve lived there for 30 years, 40 years.
Persons: Hilal, Kylian Mbappé, Germain, Neymar Jr, Ballon d’Or, Cristiano Ronaldo, Nassr, Patricia de Melo Moreira, it’s, Saudi Crown Prince Mohammed bin Salman –, Leon Neal, Ballon, Karim Benzema, Al Hilal, spender, , Carlo Nohra, Jordan Henderson, Henderson, , ’ ” Simon Chadwick, “ We’ve, ” Chadwick, King Salman bin Abdulaziz Al Saud, Al Nassr, Stringer, you’re, Kieran Maguire, they’re, Everybody’s, ” Maguire, Chadwick, Ronaldo, Maguire, … Mohammed bin Salman, ” James Dorsey, , Chadwick –, Mohammed bin Salman, Saudi Arabia’s, Prince Abdulaziz bin Turki Al, Faisal, don’t, they’ve, LIV Golf, Jimmy Dunne, LIV, Dunne, Aleksander Ceferin, Erling, Haaland, Jurgen Klopp, Michael Emenalo, Steven Gerrard, Nohra, ” “ They’ve Organizations: CNN, Saudi, Al, Paris Saint, PSG, Saudi Pro League, Ligue, Liga, Serie, Bundesliga, English Premier League, Deloitte, Investment Fund, AFP, Getty, SPL, Saudi Crown, Spanish, Arsenal, CNN Sport, English, Newcastle United, Liverpool, The Athletic, SKEMA Business School, Argentina, Zamalek, King Fahd Sports City, Anadolu Agency, Chelsea, Manchester United, Manchester City, Football, AFC Asian, FIFA, Greece, Royal Spanish Football Federation, Spanish Super, , Amnesty International, Amnesty, Middle East Soccer, Saudi Ministry, Sport, PGA Tour, European, UEFA, Premier League, Ettifaq Media, Reuters New Saudi Pro League, Major League Soccer, La Liga, Peterson Institute for International Economics, Russian Direct Investment Fund, Investigations, PGA Locations: Saudi Arabian, Brazil, Saudi, Ittihad, Al, Ahli, Real Madrid, England, France, Germany, Spain, Italy, Saudi Arabia, Liverpool, China, Qatar, Taif, Egypt, Spanish, East, North Africa, Libya, Yemen, Tunisia, Bahrain, Syria, , , Europe, ” Liverpool
Disney’s theme parks reveal shrunken treasure
  + stars: | 2023-09-20 | by ( ) www.reuters.com   time to read: +2 min
Acquire Licensing RightsNEW YORK, Sept 20 (Reuters Breakingviews) - Bob Iger can’t get off the roller coaster. Walt Disney’s (DIS.N) chief executive plans to double the Magic Kingdom’s investment in theme parks and other experiences to $60 billion over the course of about 10 years. On the other, Disney’s dwindling cash and the increasing demands for it is cause for concern. One issue is that Disney’s free cash flow has plummeted. No wonder adding theme parks to the list is making shareholders skittish.
Persons: Bob Iger can’t, Walt Disney’s, Iger, Jennifer Saba, Bernie Sanders’s, Jeffrey Goldfarb, Sharon Lam Organizations: Writers Guild of America, Walt Disney Studios, Reuters, Disney, Comcast, Pearson’s, Thomson Locations: Burbank , California, U.S, Hulu
Before Tuesday, the grocery brand secured a $10.2 billion valuation fully diluted, far below the $39 billion valuation it earned during the pandemic. Experts explained what Instacart and Softbank-backed Arm's debuts means for the broader IPO market, which has been ice-cold for 2 years. AdvertisementAdvertisementExperts say venture capital firms, stock market investors, and any private company mulling an IPO will be closely monitoring the how newly-public names trade over the coming months. "But I do think the public market getting behind companies [like Arm and Instacart] is a signal the market is opening up." "The IPO market is open but it's not indiscriminate," Coben told Insider on Tuesday.
Persons: Munafo, Craig Coben, Coben, Rachel Gerring, Gerring, Instacart, it's, Jerome Powell's Organizations: Service, Arm, Federal Reserve, Fund, London Stock Exchange, Bank of America Locations: Wall, Silicon, Americas
Elon Musk says he's considering moving X behind a paywall. Some users are unhappy with the idea and threatening to leave the app. "There really is no doubt that he simply wants to kill the platform," one X user said of the decision. Comedian Chelsea Hart said the suggested paywall may hinder free speech and citizen journalism in some countries, something Musk claims to support. Another user seconded this: "I believe social media should be free to users, so if that happens, I'll be decamping to the other place permanently."
Persons: Elon Musk, Benjamin Netanyahu, David Sacks, Chelsea Hart, Bradley Wall, I've Organizations: Service, Twitter, Tech Locations: Wall, Silicon
A Florida baby boomer decided that after a demoralizing layoff, remote work might be the solution. Some are committed to remote work, opting for pay cuts or career pivots to keep working from home. Jane said her bosses were out of touch, unaccommodating with remote work, and overly demanding. But she needed the security of a job, so she found one paying a comparable rate to her old one with similar benefits while she prepared for a switch to fully remote work. "I want to do remote work because I can travel and enjoy my life a bit more than being chained to an office."
Persons: boomer, She's, Jane didn't, Jane, it's, isn't, I've, who've, they've, Ben Wigert Organizations: Service, of Labor Statistics, Gallup Locations: Florida, Wall, Silicon
CHICAGO (AP) — Like so many tennis fans around the world, Nathan Willett was captivated by Carlos Alcaraz's five-set victory over Novak Djokovic in the Wimbledon final this summer. Only Willett was on the road with the Cold War Kids, opening for Tears for Fears on a North America tour. There are 30 more dates on his schedule after Cold War Kids announced a tour on Tuesday in support of its self-titled 10th album — 12 songs that touch on everything from breaking up with a therapist to gender norms to confronting a toxic past. After releasing a trilogy of albums over three straight years and mulling over a more dramatic departure from the band's indie rock sound, Willett said Cold War Kids' new music is more about what it does best — leading to the eponymous title. It was a suggestion by his wife, Kristina Dahlin, who thought he needed a new hobby while Cold War Kids was off the road for a while.
Persons: Nathan Willett, Carlos Alcaraz's, Novak Djokovic, Willett, ” Willett, , , Kristina Dahlin, , “ There’s Organizations: CHICAGO, Wimbledon, Kids, Esperanza High School Locations: America, California, Anaheim , California, Southern California
Russia's war in Ukraine: live updates
  + stars: | 2023-09-14 | by ( Tara Subramaniam | Andrew Raine | ) edition.cnn.com   time to read: +2 min
Vladimir Putin and Kim Jong-un visit a construction site of the Angara rocket launch complex on September 13. After a year and a half of high-intensity combat in Ukraine, Russia’s ammunition stocks have been heavily depleted, and US officials warned that North Korea and Russia were mulling potential deals to replenish supplies for Moscow’s war on Ukraine. North Korea has a substantial arsenal on the Korean peninsula. It’s a life-or-death race, with Putin apparently counting on support waning for Ukraine as the US enters a presidential election season. Putin appears to be extending a potential lifeline to Kim, apparently dangling the carrot of access to Russian technology.
Persons: Vladimir Putin, Kim Jong, Stringer, Sergei Shoigu, Russia –, It’s, Putin, Kim, Organizations: North, Russian, NATO, Ukraine, North Korea “ Locations: Pyongyang, Ukraine, Korea, Russia, North Korea, Europe
Video Ad Feedback See moment Putin greets Kim at Russian space port 00:46 - Source: CNNAnd there’s potential of something in return for Pyongyang. Kim’s regime is heavily isolated: Multiple rounds of sanctions have targeted North Korea over its nuclear and ballistic missile programs. Even Russia has signed on to North Korean sanctions in the past. So we are still dealing with a major unknown when it comes to a potential technology exchange between North Korea and Russia. The US believes Pyongyang has already been a player in the Ukraine war, providing the Russian mercenary group Wagner with arms.
Persons: Vladimir Putin, Kim Jong, Putin, Kim, ” –, Sergei Shoigu, Russia –, It’s, , ” Putin, Mort Sahl, Wernher von Braun, Reuters Von, Wagner, Yevgeny Prigozhin Organizations: CNN, North, Vostochny, North Korean, Ukraine, Russian, NATO, North Korea “, Nazi, Reuters Locations: Amur, Russia, Russia’s Far, Pyongyang, Ukraine, Korea, North Korea, England, , Russian, Europe
People walk past a logo of French bank Societe Generale in front of the company's skyscraper at the financial and business district of La Defense near Paris, France September 14, 2023. The bank sees the business as non-core, having sold part of its operations in 2020, said the people, who spoke on condition of anonymity. But a transaction may not happen soon because difficult market conditions weigh on the unit's valuation, they said. Societe Generale Equipment Finance provides equipment leasing and financing solutions to manufacturers, dealers and vendors in sectors ranging from transport to industrials. Rather than naming non-core businesses, Krupa is more likely to outline the group's growth areas, said one person familiar with the bank's thinking.
Persons: Gonzalo Fuentes, Slawomir Krupa, Krupa, Italy's, SocGen, Pablo Mayo Cerqueiro, Mathieu Rosemain, Andres Gonzalez, Amy, Jo Crowley, Elisa Martinuzzi, Silvia Aloisi, Jane Merriman, David Evans Organizations: Societe Generale, La Defense, REUTERS, Finance, Reuters, Deutsche Bank, BNP, Societe Generale Equipment Finance, Basel Committee, Thomson Locations: La, Paris, France, PARIS, Basel
Samsonite’s baggage is heavy with geopolitics
  + stars: | 2023-09-12 | by ( Thomas Shum | ) www.reuters.com   time to read: +4 min
Of the restless group, luggage maker Samsonite International (1910.HK) has the least financial reason to mull a move. The $5 billion U.S. and Luxembourg-based company was one of the first Western companies to list in Hong Kong. Sales from Asia - Samsonite’s most profitable region – accounted for almost 40% of the total in the first half of 2023. Reuters Graphics Reuters GraphicsFrom a liquidity point of view too, Samsonite has had a better experience in Hong Kong than other international arrivals. That’s better than other international consumer brands that boast similar levels of prestige.
Persons: Andrew Kelly, Tim Parker, Samsonite, Kyle Gendreau, CK Hutchison, It’s, Calvin Klein, Prada, ” Gendreau, Una Galani, Katrina Hamlin Organizations: Woodbury, REUTERS, Reuters, Global, Samsonite, HK, Reuters Graphics Reuters, Prada, Swire Pacific, CK, Bloomberg, Thomson Locations: Central Valley , New York, U.S, HONG KONG, Hong Kong, mull, Luxembourg, Asia, New York, Washington, Beijing, China
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