Inditex invests in technology to merge online with in-store shopping

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Inditex invests in technology to merge online with in-store shopping

MADRID (Reuters) – Zara owner Inditex unveiled a 2.7 billion euro ($3 billion) investment in technology on Wednesday to make it easier for customers to track the items they want, blurring the lines between online and in-store shopping. Using the fashion …
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TSMC May sales down over 2% from April

Taipei, June 10 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC) said Wednesday its sales for May fell more than 2 percent from a month earlier with market analysts attributing the decline to slow season effects in the second quarter. In a statement …
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Danske Bank Is Reported to Police for Market Manipulation

(Bloomberg) — Denmark’s financial watchdog has reported Danske Bank A/S to police for violating regulations designed to protect investors from market manipulation. Denmark’s biggest bank routinely entered into agreements to buy or sell financial …
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Cathay recedes after huge surge on $5 billion rescue plan

Cathay Pacific Airways shares were back to little changed after surging the most since 2008 in pre-market trading on news of the carrier’s HK$39 billion ($5 billion) government-backed rescue plan. Traders said a rush to cover short positions was behind the …
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US Consumer Prices Declined for a Third Month in May

(Bloomberg) — U.S. consumer prices declined in May for a third straight month as the coronavirus-induced recession continued to depress demand. The consumer price index fell 0.1% from the prior month after a 0.8% drop in April that was the biggest since …
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