Coach, a pioneer of luxury at affordable prices, has in recent years been outpaced by rivals such as Michael Kors. But the handbag maker has hired a new executive creative director, closed some stores and cut back on discounts—and it is starting to pay off. ......
Coach Designs Strategy to Stop Getting Beaten at Its Own Game
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Airbus Finalizes $18 Billion Jet Deal With Iran
Airbus said it had finalized a controversial deal to sell more than $18 billion worth of jetliners to Iran less than two weeks after rival Boeing signed a similar accord. ......
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BRIEF-ATSG appoints David Soaper president of ABX Air Inc effective Feb. 1, 2017
* Announced retirement of John Starkovich, president of ABX Air, Inc...
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BRIEF-Teva reaches settlement with government on FCPA
* Teva Pharmaceutical - co, DoJ and sec have agreed to a resolution to resolve previously disclosed investigations into conduct relating to three countries...
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Wall Street opens flat in light pre-holiday trading
(Reuters) - U.S. stocks were little changed at the open in light trading on Thursday as investors geared up for the holiday season....
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Volkswagen to launch ride hailing in Rwanda as part of Africa expansion
FRANKFURT (Reuters) - Volkswagen plans to start a ride-hailing service in Rwanda in a sign of how the German carmaker is developing pay-per-use transportation models in new markets where rival Uber [UBER.UL] has not yet gained traction....
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EU Commision criticizes Poland for its actions regarding top court
Frans Timmermans, Vice President of the EU Commission, said that the Polish government would have two months to rewrite proposed amendments to the tribunal, which had allowed Polish President Andrzej Duda to appoint the new head of Constitutional Tribunal. “We do believe there is a persistent problem with the rule of law,” Timmerans told the… This content is for Silver 6 months, Gold 1 Year and Bronze 2 weeks members only. Visit the site and log in/register to read. ......
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Finance Ministry abandons idea of all-in-one tax
On Wednesday, the government stated it will not pursue its goal of introducing an all-in-one tax, a statement from the Ministry of Economy said. The tax had been proposed by the ruling Law and Justice (PiS) government as a way to simplify the...
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Polish truck driver may have been killed while trying to stop attacker
The Polish driver of the hijacked truck which later crashed into a Christmas market in Berlin was found shot dead in the cabin of the vehicle, but media reports said he had been alive until the attack took place. Reports in the German and international press also quoted an investigator as saying there must have… This content is for Silver 6 months, Gold 1 Year and Bronze 2 weeks members only. Visit the site and log in/register to read. ......
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Ministry of Development: industrial production unchanged
Ministry of Development Analysts have predicted that in December industrial production should increase by 3.3 percent, y/y, according to preliminary data from the Central Statistical Office released to the Polish press in a report. The figure is identical to December of 2015, the report said. GUS also said that industrial production in November 2016 had increased by 3.3 percent, y/y. The analysts pointed out that December 2016 will have one working day fewer than during the same month of 2015. ......
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Wisła shipping canal plans detailed – PM’s office
A draft law that details plans for the waterway connecting the Wisła River Lagoon to the Baltic Sea has been submitted to Poland’s main legislature, the Prime Minister’s Office reported to the press on Thursday. The draft stated that construction work will begin in 2018, and the total cost will be approximately PLN 880 million…. This content is for Silver 6 months, Gold 1 Year and Bronze 2 weeks members only. Visit the site and log in/register to read. ......
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Opposition MPs were not blocked – Sejm security
The Marshal of Poland’s Parliament stated on Wednesday that, contrary to some reports, guards did not block access for Opposition MPs to attend the budget vote in the alternative chamber where the ruling party decided to hold it. “There was no command associated with the alleged blocking of access for opposition MPs to the Hall… This content is for Silver 6 months, Gold 1 Year and Bronze 2 weeks members only. Visit the site and log in/register to read. ......
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Kaczyński accuses opposition of breaking the law
On Wednesday morning, Poland’s governing Law and Justice Party (PiS) called a conference in which they sought to deal with the two crises that have intensified during recent days in the Polish Parliament, according to a number of press reports. First, the government addressed the vote on the budget, which on Friday had been moved to… This content is for Silver 6 months, Gold 1 Year and Bronze 2 weeks members only. Visit the site and log in/register to read. ......
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Dimon: Rhetoric From the Election Is Dying Down
In an exclusive interview, Bloomberg Businessweek...
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How Santa Claus makes money (but still ends the year in the red)
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Global shares meander; will Santa bring Dow 20,000?
FRANKFURT, Germany (AP) — Global shares meandered Thursday as traders hung up their Christmas stockings and dreamed of a new Dow record. ......
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Iran finalizes deal for 100 planes from Airbus
TEHRAN, Iran - Airbus says it has a firm order from Iran for 100 planes. Airbus, the European aviation consortium, made the announcement Thursday. ......
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US business investment rose in November for 2nd month
U.S. businesses stepped up their spending on industrial machinery, steel, and other big-ticket items last month, a sign that one of the economy's weak spots may be improving ......
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Sleek, luxury living space in Venice has an industrial vibe
This newly built modern home in Venice makes the...
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Wolverton: Apple’s AirPods as irritating as they are impressive
Apple is pitching the AirPods, its new wireless headphones, as “effortless” and “magical.” But I�found them to be as much annoying as awesome. The AirPods represent Apple’s vision of the mobile future. The company announced them at the same time that it unveiled the iPhone 7, the first model of its smartphone to lack a headphone jack. In explaining that move, Apple argued that tethering a wireless mobile device�to headphones with wires was absurd and outdated.�They’re right. Wireless headsets and headphones are nothing new. If you owned the original iPhone, you could make calls via a Bluetooth headset. Wireless headphones, which you can connect to your...
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