Exports rose 8.3 percent in July compared to the same month in 2021 to 2.2 billion Swiss francs ($2.3 billion), the Federation of the Swiss Watch Industry said Thursday.
Lululemon Athletica Inc. employees have withdrawn their petition to unionise a store in Washington, D.C., marking a setback for the recent wave of organising at previously union-free US retail firms.
The value of overall retail purchases was flat last month after a revised 0.8 percent jump in June, Commerce Department data showed Wednesday.
Mat Dunn, who also serves as the fast fashion e-tailer’s chief operating officer, will leave the company at the end of the year, the company said Wednesday.
The country’s most valuable company slashed 5,000 jobs or nearly 5 percent of its workforce — the first quarterly drop in staffing since 2014 after layoffs rippling through the global tech sector finally hit the WeChat operator.
Adjusted earnings tumbled to 39 cents a share during the three months ending July 30, hit by an aggressive push to reduce inventory, Target said in a statement Wednesday.
Tomoya Obokata, the UN’s special rapporteur on contemporary forms of slavery, said in a report that the involuntary nature of China’s employment programmes in Xinjiang indicated forced labour, even if they did improve job opportunities for some minorities.
President Joe Biden on Tuesday signed into law a $430 billion bill that is seen as the biggest climate package in US history, designed to cut domestic greenhouse gas emissions as well as lower prescription drug prices.