Bloomberg The beginning of a new year is always a good time to rethink your travel rewards strategy—but never more so than 2021. With the travel industry experiencing continued disruption from the coronavirus pandemic and hamstrung vaccine rollouts threatening to extend border closures even longer than expected, airlines and hotels are offering unprecedented deals to secure business (and loyalty) in …

Bloomberg Birkenstock, the German company behind the iconic sandals worn by hippies and preppies alike, is in talks to be taken over by CVC Capital Partners, according to people familiar with the matter. The private equity firm is in advanced negotiations with the family owners of the nearly 250-year-old brand, according to the people, who asked not to be identified …

Bloomberg Hong Kong stocks closed at the highest level since May 2019 as mainland investors continue a record spending spree in the city. The benchmark Hang Seng Index rises 2.7% Tuesday, soaring past last year’s peak as stock turnover in the city rose to a record $38.9 billion. A rally since late December has been powered by Chinese investors, who …