Bloomberg Business

China Security Official In Line to Lead HK Agency, SCMP Says

China is preparing to name a provincial law-enforcement official as the head of its agency overseeing Hong Kong, the South China Morning Post reported, a sign that security remains Beijing’s priority four years after protests shook the financial hub.

Golden Goose Bets In-Store Cobblers Will Appeal to Sneakerheads

Golden Goose, the upstart maker of $500 sneakers, is turning back the clock to keep pace with its trendy Generation Z fans, staffing its stores with trained cobblers to help meet demand for products that won’t end up in a landfill.

ECB Faces Hard Job Judging When to Stop Hiking, Lombardelli Says

The European Central Bank faces a tough job deciding when to stop raising interest rates because it’s hard to gauge the impact of tightening, the chief economist of the Organization for Economic Cooperation and Development said.

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