The Council of Fashion Designers of America and the charitable foundation run by crystal maker Swarovski have partnered up to launch a $30,000 annual scholarship for fashion students innovating with sustainable systems.
Japanese retail sales fell for the third straight month in February as households kept a lid on expenditure amid the coronavirus emergency, underscoring its fragile economic recovery from last year's slump.
German startup investor Rocket Internet’s tech-focused blank cheque company Rocket Internet Growth Opportunities said on Tuesday it priced its initial public offering (IPO) in New York at $10 per share.
The publication’s recently appointed editor-in-chief has resigned from her new position before officially starting, following backlash related to anti-Asian and homophobic tweets she posted a decade ago.
Commonwealth Bank of Australia on Wednesday became the first major lender in the country to offer its own "buy now, pay later" service, taking on U.S. payments giant PayPal and Afterpay with the promise of lower fees.
Rakuten Inc’s shares jumped as much as 24% on Monday after the Japanese e-commerce firm said it would raise $2.2 billion through a stake sale to companies including Japan Post and Tencent as it takes on Amazon.
JD.com Inc is in talks to buy part or all of a stake in brokerage Sinolink Securities worth at least $1.5 billion, three people said, as the e-commerce major aims to bolster its financial services operations.
PayPal Holdings Inc will launch its "buy now, pay later" (BNPL) option in Australia this June, the U.S. payments giant said on Wednesday, muscling in further on Afterpay Ltd and others for share in the booming industry.