Corporate corner

11 August, 2020 12:00 AM printer

Corporate corner

Customers buy vegetables at a market in Shenyang, in China's northeastern Liaoning province on Monday. China's consumer inflation edged up in July, official data showed on Monday, partly because of rising food prices from flood-related disruptions and as the country recovers from the coronavirus outbreak.

French Economy and Finance Minister Bruno Le Maire, Junior minister of Economy and Finance Alain Griset and State Secretary in charge of tourism, Jean Baptiste Lemoyne speak with Rector Olivier Ribadeau Dumas at the Sanctuary of Our Lady of Lourdes on Monday, in Lourdes, southwestern France during a one day visit to support professionals of the tourism sector.

A "Going Out of Business" sign hangs outside a Pier 1 Imports store on August 9, 2020 in Las Vegas, Nevada. In February, Pier 1 Imports Inc. filed for Chapter 11 bankruptcy protection but was unable to secure a buyer due to the coronavirus (COVID-19) pandemic. In May, the home goods store received approval from the U.S. Bankruptcy Court to wind down its business. On July 31, Florida-based investment firm Retail Ecommerce Ventures (REV) finalized a USD 31 million purchase of the 58-year-old brand's intellectual property and e-commerce assets.

A migrant worker trims the grass in a neighbourhood housing estate in Singapore on Monday. Finance companies incorporated in Singapore have been urged to cap their dividends, said the Monetary Authority of Singapore (MAS) on Friday, following a similar advice for local banks last week.