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The company is seeking to tap into a booming middle class while sales in China slow.

The retailer cited slow sales after a campaign to boycott stores doing business with the new US president's family.

Donald Trump adviser's fashion line hit by low sales as buyers shun stores doing business with the Trump family.

Korea's current account surplus hit a record high of US$98.7 billion last year. This is the second highest level in history after $105.94 billion in 2015. Even though the goods trade balance was in excess of $120 billion primarily due to low international oil prices, the service trade balance was ...

The National Insurance Commission on Friday said it settled claims worth N5.5bn to aggrieved policy holders in 2016. The Head, Corporate Affairs, NAICOM, Mr. Rasaaq Salami, said in Abuja that the paid claims were as a result of complaints the commission resolved within 2016. He said, “In 2016, NAICOM successfully ...

Iran has refused visas for US athletes due to compete in an international wrestling tournament in response to President Donald Trump’s travel ban on predominantly Muslim countries, the foreign ministry said Friday. “Considering the policies adopted by the new US administration, the foreign ministry was inevitably forced to refuse travel ...

A machete-wielding man has been shot and wounded by a French soldier near the Louvre Museum in central Paris after an apparent attack on a second soldier. The individual, carrying a backpack, cried out “Allahu Akbar” according to Michel Cadot, the head of Paris’s police force. One soldier was lighty ...

Ivanka Trump’s line of clothing and shoes have been dropped by US store, Nordstrom, over a sharp decline in sales after a campaign to boycott her range. According to Seattle Times report, a Nordstrom spokesperson didn’t say whether the decision to stop buying the brand was permanent, only that they ...

Apple is to start making iPhones in India this year, a local government official said Friday, as the firm looks to tap a booming middle class as sales in China slow. The US giant has not confirmed the move, but chief executive Tim Cook said this week the company intended ...

Adelani Adepegba, Abuja The United States has said that the recent executive order on immigration by President Donald Trump would not affect Nigerians, noting that visa applicants would continue to get two-year multiple entry visas as before. It assured apprehensive Nigerians that the order on ‘Protecting the Nation From Foreign ...