Recent Posts

Airbus jet use shows China props up ‘recovery’

Bloomberg A snapshot of Airbus SE plane use outlines a tentative recovery still dependent on China, and continued challenges for wide-body aircraft as carriers adjust to a lack of demand. Of the 10,404 Airbus planes in global fleets, almost two-thirds had flown at least once in the previous five days, according to an August 24 newsletter sent by the European ...

Read More »

Chinese shoppers splash on luxury goods, not on ‘eat out’

Bloomberg Chinese consumers are back to binging on luxury handbags, cosmetics and cars. But this shopping enthusiasm is not extending to mass consumption in sporting goods and restaurants. An uneven recovery is under way in China as the world’s biggest consumer market also becomes one of the first nations to rebound from the coronavirus pandemic that continues to ravage the ...

Read More »

Whole Foods opens delivery-only facility

Bloomberg Whole Foods Market opened a location in Brooklyn that it’s calling a store — except shoppers won’t be welcome to walk the aisles. Instead, the Amazon.com Inc-owned organic grocer will use the facility, located in the New York borough’s Sunset Park neighbourhood, as a warehouse to fulfill online grocery orders, the company said in a blog post. Amazon bought ...

Read More »
Send this to a friend