Cathay Pacific Airways Ltd., the largest carrier of international air cargo, said it has seen only a small increase in freight ahead of the Christmas shopping season, prolonging an 18-month downturn in industry volumes.
Kazuo Hirai’s plan to revive Sony Corp.’s iconic electronics business now hinges on the Christmas shopping season.
Texas Governor Rick Perry asked the U.S. Supreme Court to block the use of state legislative election districts drawn by judges, after a San Antonio court refused his request.
Cia. Hering, the slowest-growing Brazilian retailer, is betting that children’s clothing will spur revenue gains as consumers pull back on spending.
U.K. retail sales unexpectedly stagnated in November as spending at department stores slumped the most in almost two years.