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Harrods adapts to retail’s new normal

Bloomberg Harrods opened its first outlet store only days after announcing hundreds of job cuts — moves that the London luxury emporium’s managing director said are necessary to adapt to the realities of a post-lockdown retail landscape. “I don’t think people understand how painful the last 90 days has been,” Michael Ward said in an interview while walking through the ...

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India, China officials say troops disengaging at tense border

Bloomberg Indian and Chinese officials say soldiers from both sides have begun falling back along their contested Himalayan border that last month saw the worst flare up of violence in four decades. The People’s Liberation Army was seen removing tents and structures in the border area, following the last meeting between the senior commanders of both nations, an Indian government ...

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China may block Hong Kongers leaving for UK

Bloomberg China refused to rule out blocking Hong Kong citizens from leaving to take up Boris Johnson’s offer of a new home in the UK, criticising the British government for “gross interference” in Beijing’s affairs. “We have to wait and see,” Liu Xiaoming, China’s ambassador in London, told reporters on a video conference call. “We have to decide our counter-measures ...

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