Kyrgyzstan has shut down 50 locally registered companies due to risks of further sanctions, in the first ​move of its kind in the Central Asian ‌country as it comes under scrutiny from Europe for ...

NEW DELHI, (IANS) – Amid an exercise to wind up certain verticals as part of a global exercise to cut costs, Amazon on November 28 announced it shut down its wholesale distribution business in India.

The majority of Saks Fifth Avenue locations will shutter as the department store's parent company announced another round of closures related to its Chapter 11 bankruptcy restructuring and luxury ...

NEW YORK — The parent company of Saks Fifth Avenue and Neiman Marcus is closing more department stores as it focuses on its most profitable businesses and trims debt during its Chapter 11 bankruptcy ...

FILE - Holiday decorations are displayed during Saks Fifth Avenue's holiday light show and window reveal, Nov. 24, 2025, in New York. (Photo by Evan Agostini/Invision/AP, File) (Evan Agostini, 2025 ...

The nonprofit Global Washington announced on Friday it’s closing after 16 years of supporting philanthropy, technology, businesses and academics working in global development. The Seattle-based group ...

The 2024 merger of Saks Fifth Avenue and Neiman Marcus Group was meant to provide scale and synergies by combining the forces of America’s three biggest luxury department store names. In a court ...

Jan 29 (Reuters) - Saks Global said on Thursday it will wind down 62 of its off-price operations, including its Saks OFF 5th retail locations and remaining Neiman Marcus Last Call ‌stores, to focus on ...

A Saks Global bankruptcy filing is expected by early-to-mid next week, with the struggling luxury retailer submitting a reorganization plan involving scores of store closures across the portfolio.

Samsung is working on a new camera sensor, and once it finds its way into a next-gen Galaxy S-series device, it could help alleviate some of the brand’s problems with shutter speed. As reported by ...