BLOOMBERG Japan and South Korea signaled a breakthrough to end a feud that had disrupted ties on everything from trade to security, drawing praise from President Joe Biden as he seeks to convince the two US allies to help counter growing Chinese influence in Asia. South Korean President Yoon Suk Yeol said on Monday he hoped to “enter a new ...

BLOOMBERG One of the biggest questions for investors over the past year has been when Americans will pull back on spending and trigger a recession. In the fourth quarter, that didn’t happen as retailers and brands exceeded expectations. But their results and forecasts raised a bunch of red flags for the year ahead. After the highest inflation in a generation, ...

BLOOMBERG Amazon.com Inc is closing eight cashierless Amazon Go locations in Seattle, New York and San Francisco, marking the e-commerce giant’s latest round of cost-cutting amid slowing sales growth. The affected stores will remain open until April 1, the company said. “Like any physical retailer, we periodically assess our portfolio of stores and make optimisation decisions along the way,” Amazon ...