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Empty Wellington Shops Send Grim Economic Message to RBNZ Hawks

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(Bloomberg) -- In downtown Wellington, New Zealand’s capital city, dozens of empty shops speak to an economic gloom that’s pervading the entire country.Most Read...
Tech

Apple Adds Alibaba, JD to List of Vision Pro Apps for China

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(Bloomberg) -- Apple Inc. has added China’s two biggest online retailers to a growing list of apps that will support its mixed-reality Vision Pro...
Travel

High Airfares to Persist as Travel Booms, New AirAsia Boss Says

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(Bloomberg) -- There’s no end in sight to the high airfares that are a mainstay of the world’s post-pandemic travel boom, according to Asia’s...
Fashion

Once Avoided Like the ‘Plague,’ EM Duration Is Back in Fashion

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(Bloomberg) -- Investors in emerging-market debt are once again turning to long-duration bonds, a popular bet at the end of last year that burnt...
Jobs

Exxon’s Belgium Traders Decline UK Transfer, Risking Jobs

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(Bloomberg) -- More than two dozen of Exxon Mobil Corp.’s trading staff declined the oil giant’s offer to transfer to London from Belgium, putting...
Jobs

Exxon’s Belgium Traders Decline UK Transfer, Risking Jobs

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(Bloomberg) -- More than two dozen of Exxon Mobil Corp.’s trading staff declined the oil giant’s offer to transfer to London from Belgium, putting...
Jobs

Citi Sees AI Displacing More Bank Jobs Than Any Other Sector

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(Bloomberg) — Citigroup Inc. said artificial intelligence is likely to displace more jobs across the banking industry than in any other sector as the...
Travel

July Fourth Travel Seen Hitting Record in Boost for Oil Bulls

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(Bloomberg) -- A record of almost 71 million Americans are expected to travel over the Independence Day holiday period early next month, providing hope...
Jobs

EU Leaders Delay Top-Jobs Deal Before Summit Next Week

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(Bloomberg) -- European Union leaders postponed a deal on how to divide the bloc’s top jobs — opening the door to further bargaining before...
Jobs

Treasuries Gain as Mounting Data Point to Softer Inflation, Jobs

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(Bloomberg) -- A rally in the Treasury market lured investors to a sale of 30-year securities after new economic data bolstered bets the Federal...
Tech

Apple Reportedly Not Paying OpenAI to Use ChatGPT in iOS 18

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Alongside its Apple Intelligence feature set, Apple on Monday announced a partnership with OpenAI that will allow Siri to access ChatGPT directly in iOS...
Jobs

ByteDance to Cut 450 Jobs in Indonesia After Tokopedia Deal

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(Bloomberg) -- ByteDance Ltd. is slashing about 450 jobs at its Indonesian e-commerce arm in the first round of cuts since combining its TikTok...
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