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Facebook beats quarterly revenue estimates

Facebook beats quarterly revenue estimates

Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, powered by increased ad spending by businesses to capitalize on a holiday shopping season driven online by the pandemic.
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The looks that marked the United States' 46th Presidential Inauguration

The looks that marked the United States' 46th Presidential Inauguration

Politicians, family and performers appeared for the inauguration of President Joe Biden wearing designers from Ralph Lauren and Schiaparelli, to Christopher John Rogers and Sergio Hudson.
Fashion
Britain to publish weekly data on Covid-19 impact on spending

Britain to publish weekly data on Covid-19 impact on spending

Britain will publish new weekly figures from Thursday to provide an up-to-date view of how consumer spending is being affected by the coronavirus crisis, based on payments data collected by the Bank of England.
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Alibaba's Jack Ma makes first public appearance in three months

Alibaba's Jack Ma makes first public appearance in three months

Alibaba Group founder Jack Ma made his first public appearance since October on Wednesday, sending shares in the e-commerce giant surging.
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Highsnobiety announces 'Not in Paris II' digital exhibition

Highsnobiety announces 'Not in Paris II' digital exhibition

The exhibition's program features projects and exclusive content from fashion contributors including Dior, Bottega Veneta, Hermès, Fenty and Rick Owens, among other luxury and independent brands. 
Fashion
TikTok owner ByteDance launches e-payment service

TikTok owner ByteDance launches e-payment service

TikTok owner ByteDance has begun rolling out an electronic payment service connected to Douyin, the Chinese version of the popular short video app, the tech giant said Tuesday.
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Fashion 2021: will 'Regencycore' dethrone homewear this year?

Fashion 2021: will 'Regencycore' dethrone homewear this year?

"Regencycore," referring to Regency era-influenced style, popularized by the Netflix series "Bridgerton", has women buzzing about corsets since the historic drama went online on December 25.
Fashion
Businesses win pandemic insurance payouts after UK top court ruling

Businesses win pandemic insurance payouts after UK top court ruling

Small businesses on Friday won the right to insurance payouts after Britain’s highest court ruled their policies should cover losses caused by coronavirus lockdowns.
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Investors resigned to Trump's China ban, with Biden seen changing little

Investors resigned to Trump's China ban, with Biden seen changing little

Financial executives are settling in for the long haul over the Trump administration's investment ban on Chinese securities, expecting the rules to be lasting.
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Trump administration shelves planned investment ban on Alibaba, Tencent, Baidu: sources

Trump administration shelves planned investment ban on Alibaba, Tencent, Baidu: sources

The Trump administration has scrapped plans to blacklist Chinese tech giants Alibaba, Tencent and Baidu, four people familiar with the matter said.
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Walgreens maintains full-year profit growth forecast; shares rise

Walgreens maintains full-year profit growth forecast; shares rise

Walgreens Boots Alliance Inc said on Thursday it expects benefits from Covid-19 vaccinations to cushion the impact of pandemic-induced restrictions, and stuck to its full-year earnings growth forecast.
Fashion
Stella Tennant's death confirmed as suicide

Stella Tennant's death confirmed as suicide

​Stella Tennant’s death has been confirmed as suicide by her family who said the British supermodel had been “unwell for some time”.
Luxury
Macy's to close more than 30 stores in 2021

Macy's to close more than 30 stores in 2021

The New York-based department store retailer revealed on Wednesday that it will permanently shutter a further 37 locations this year, including 36 namesake stores and one Bloomingdale’s location.
Fashion
Perfect Corp. secures $50 million in funding round led by Goldman Sachs

Perfect Corp. secures $50 million in funding round led by Goldman Sachs

The beauty technology solutions provider behind YouCam Makeup announced on Wednesday that it has raised $50 million through a Series C funding round led by global investment bank Goldman Sachs.
Beauty
U.S. private payrolls post first decline in eight months as Covid-19 cases soar

U.S. private payrolls post first decline in eight months as Covid-19 cases soar

U.S. private companies shed workers in December for the first time in eight months as out-of-control COVID-19 infections unleashed a fresh wave of business restrictions.
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Trump bars U.S. transactions with eight Chinese apps including Alipay

Trump bars U.S. transactions with eight Chinese apps including Alipay

U.S. President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay mobile payment app.
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