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Levi’s coming back to life in China as stores reopen, online sales rise
(Reuters) – Levi Strauss & Co <LEVI.N> said on Tuesday a majority of its stores in China, where the coronavirus outbreak first emerged in December, were open with sales recovering on a weekly basis and digital sales rising last month. The company also reported better-than-expected earnings and revenue for the first quarter ended Feb. 23, […]
Blue collar boom? College grads, baby boomers big winners in Trump’s economy
By Howard Schneider WASHINGTON (Reuters) – U.S. President Donald Trump rolled out an eye-catching statistic in his State of the Union address Tuesday: the wealth held by the poorest half of American households increased three times as fast as the wealth held by the “1%” since he became president. That’s true, according to Federal Reserve […]
EU blasted over City of London ‘power grab’ to move banks to Frankfurt
Dominic Raab dismisses EU threat to City of London We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Brussels banking chiefs have asked banks […]