South African Government Looks Into Post Office’s Financial Woes
South Africa’s government has requested more information from the state-controlled post office about financial problems that threaten its survival.
Bloomberg Business
Ex-Louis Vuitton CEO Named in Report as Frontrunner to Head LVMH Fashion Group
Michael Burke, the former chief executive officer of Louis Vuitton, has emerged as a frontrunner to become chairman and CEO of the LVMH Fashion Group, the online fashion publication Miss Tweed reported, citing people close to the French luxury giant.
UK Says Offer to Health-Care Staff Final as Nurses Plan Strikes
The UK government said its latest pay offer to striking health-care workers is final with one of the biggest nurses’ unions warning that walkouts could continue through Christmas without a better deal.
Engaged Couples Issue Verdict on Bed Bath & Beyond
While Bed Bath & Beyond Inc. executives insist the troubled retailer has a brighter future, many engaged couples have already issued their verdict: They don’t think the company will survive.
Case for Stocks Is Seen in Model Showing Economic Bottom Is Past
US stocks have defied skeptics and rallied this year in the face of bank collapses, continuous fears of a recession and what’s expected to be the gloomiest stretch for corporate profits in years.
Haunted by Insurrection, Lula Is In a Hurry to Change Brazil
Conversations with Lula allies past and present show a president marked by the Jan. 8 riots, angry and determined to press his agenda against increasing odds.
Tesla’s Price War Pushes Xpeng to Focus on Cheaper Manufacturing
Chinese electric vehicle maker Xpeng Inc. hopes that dramatic cuts to manufacturing costs will propel the eight-year-old company to profitability, co-president Brian Gu told reporters at the Shanghai International Auto Show, which opens to the general public on April 20.
New UK Bullying Claims Point to Problems for Sunak Beyond Raab
Even as UK Prime Minister Rishi Sunak braces for a report on whether his second-in-command bullied staff, he’s facing new allegations that a former Cabinet minister from his party berated civil servants.
Fossil Fuels Find a Loophole in the Latest G-7 Climate Pledge
The meeting of Group of Seven energy and environment ministers ended Sunday without a deadline to halt new coal investments or the kinds of firm commitments that climate advocates have said are necessary to limit global warming.
