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Hong Kong airport worker first local Covid case in 2 months

Bloomberg Hong Kong said its coronavirus policy will become increasingly tethered to China’s, as the financial hub recorded its first local Covid-19 case since mid-August, raising the specter of an outbreak in one of the world’s densest cities. An airport worker has been infected, officials said at a briefing. His close contacts and some 400 people in his residential neighbourhood ...

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Number of Manhattan’s empty storefronts surge

Bloomberg The number of empty storefronts is surging in midtown Manhattan, where an absence of tourists and office workers has hammered the retail industry during the pandemic. Nearly 30% of 311 storefronts were vacant in the retail corridors near Grand Central and Midtown East as of the end of September, roughly double the historical rate, according to a report from ...

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Levi’s global factory footprint pays off

Bloomberg Levi Strauss & Co’s strong quarter is sending a clear message to the rest of the apparel industry: There’s value in spreading out manufacturing. Chief Executive Officer Chip Bergh said the denim maker sources less than 4% of its goods from Vietnam — which has faced factory shutdowns recent due to Covid-19 outbreaks — and tries not to have ...

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