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Business News

Benetton set to remodel its brand as it looks to cut down on fashion losses

28/05/2024 13:05 - Benetton has been facing intense competition from other fast-fashion brands such as Zara in recent years. ...

ABN Amro buys German bank Hauck Aufhäuser Lampe for almost €700 million

28/05/2024 13:05 - Dutch lender ABN Amro announced on Tuesday that it would buy the private German bank Hauck Aufhäuser Lampe (HAL) from the Chinese conglomerate Fosun. ...

Leaked push for deal on ‘green claims’ rules raises fears of double standards

28/05/2024 13:05 - Incoming EU legislation could force petroleum firms to temper their claims to be heading for net-zero emissions, but raises questions over the use of offsetting to fulfil climate action pledges. ...

OpenAI Says It Has Begun Training a New Flagship A.I. Model

28/05/2024 13:05 - The advanced A.I. system would succeed GPT-4, which powers ChatGPT. The company has also created a new safety committee to address A.I.’s risks. ...

If A.I. Can Do Your Job, Maybe It Can Also Replace Your C.E.O.

28/05/2024 12:05 - Chief executives are vulnerable to the same forces buffeting their employees. Leadership is important, but so is efficiency — and cost-cutting. ...

Want to Succeed as an Artist? We’ve Got a Coach For You.

28/05/2024 12:05 - With a rising number of artists vying for a limited number of galleries and grants, arts professionals are pivoting to careers as coaches. But can they help people profit from their talents? ...

London Moves to Revive Its Reputation as a Financial Hub

28/05/2024 7:05 - As fears have grown that the city is losing its attractiveness for publicly traded businesses, Britain’s government is making changes to bring them back. ...

Business-First Hong Kong Now Comes With a Catch: Beijing Politics

28/05/2024 7:05 - The city, promised some autonomy by China, is trying to move on from a security law imposed by Beijing. Companies are learning that’s not always possible. ...

Teamsters Struggle to Unionize Amazon and FedEx Delivery Workers

28/05/2024 1:05 - The Teamsters union has made little headway in organizing workers at Amazon and FedEx despite wage and other gains it secured at UPS last year. ...

Stanley Goldstein, Who Helped Make CVS a Pharmacy Giant, Dies at 89

28/05/2024 0:05 - The small chain that he, a brother and a third partner opened in 1963 had become the nation’s largest by the time he retired as its chief executive three decades later. ...


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