Customer fights break out as US retail giant Costco opens first China store

Beijing. Costco Wholesale Corp’s first outlet in China opened on Tuesday and was soon overrun with customers willing to fight over discounted products and wait hours to pay for their purchases. The American retail giant had to suspend operations in its Shanghai store in the afternoon citing “heavy traffic and customer flows”, according to a […]

Marriott hotels ditching small plastic toiletry bottles

Washington: Marriott International, the world’s largest hotel chain, said Wednesday it was ditching single-use toiletry bottles as part of plans to reduce its environmental impact. But instead of moving to refillable, wall mounted dispensers, the hotel will switch to larger pump-action bottles that contain about 10-12 times the amount of shampoo, conditioner or bath gel. […]

Mnuchin says don’t take Trump’s ‘enemy’ barb at Powell literally

Treasury Secretary Steven Mnuchin said not to take literally President Donald Trump’s characterization of the U.S. Federal Reserve chief as an enemy on par with China’s leader. Mnuchin, speaking on “Fox News Sunday” from the Group of Seven meeting in Biarritz, France, also said the U.S. isn’t facing a slowdown and that the inverted yield […]

Dubai Economy: 34,250 licences renewed through ‘Auto-Renewal’ service during first half 2019

Dubai: The Auto-Renewal service launched by the Business Registration and Licensing Sector in Dubai Economy has recorded a 47 percent increase in the total number of licences renewed, at 73,404, during the first half of 2019. Among the auto-renewed licences issued, 73.2 percent were commercial, 24 percent professional, 2.2 percent industrial and 0.6 percent were […]