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Indigo founder Heather Reisman returns as CEO

After a brief retirement, Heather Reisman has been reinstated as CEO of Indigo, the book retailer she founded almost 30 years ago.  Founder had announced her retirement this summer before her successor abruptly resigned. After a brief retirement, Heather Reisman has been reinstated as CEO of Indigo, the book retailer …

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Asian markets stuttering

HONG KONG: Asian markets started the week limply on Monday following a sell-off on Wall Street, with focus turning to the Federal Reserve’s keenly awaited key policy decision. Traders were a little more cautious after the healthy close to last week that was fueled by another batch of positive Chinese …

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US auto talks at ‘critical phase’

WASHINGTON: High-wire talks between striking US workers and automotive giants are in a “critical phase,” Jeep-maker Stellantis said Saturday (Sunday in Manila), as politicians staked out positions on a labor issue that could have national impact. Stellantis, together with fellow “Big Three” automakers General Motors and Ford, was hit Friday …

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Several Evergrande staff arrested

BEIJING: Police in China have arrested several employees of a subsidiary of troubled Chinese property giant Evergrande, authorities said Saturday. Employees at Evergrande’s financial subsidiary, Evergrande Wealth Management, were arrested, police in the southern city of Shenzhen said in a statement, without specifying the number of employees or the charges …

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