A statutory advisory body in Hong Kong will be given new powers as early as June to investigate government department heads over “serious, widespread or systemic” problems, as part of a broader push to institutionalise official accountability. The subsidiary legislation drafted by the Civil Service Bureau, which was submitted to the Legislative Council on Tuesday, sought to grant the Public Servic...
A statutory advisory body in Hong Kong will be given new powers as early as June to investigate government department heads over “serious, widespread or systemic” problems, as part of a broader push to institutionalise official accountability. The subsidiary legislation drafted by the Civil Service Bureau, which was submitted to the Legislative Council on Tuesday, sought to grant the Public Service Commission, an independent, statutory body that advises the government on civil service...
BP PLC A BP Plc company logo stands illuminated on a sign on the forecourt of a gas station in London, U.K., on Tuesday, Jan. 14, 2014. Photographer Matthew Lloyd/Bloomberg
BP PLC A BP Plc company logo stands illuminated on a sign on the forecourt of a gas station in London, U.K., on Tuesday, Jan. 14, 2014. Photographer Matthew Lloyd/Bloomberg
BROOKFIELD, Wis., April 14, 2026 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH), the holding company of CIBM Bank (the “Bank”), announced its unaudited results of operations and financial condition for the quarter ended March 31, 2026. Net income nearly doubled to $0.6 million for the first quarter of 2026, or $0.45 basic and $0.43 diluted net income ...
BROOKFIELD, Wis., April 14, 2026 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH), the holding company of CIBM Bank (the “Bank”), announced its unaudited results of operations and financial condition for the quarter ended March 31, 2026. Net income nearly doubled to $0.6 million for the first quarter of 2026, or $0.45 basic and $0.43 diluted net income per share, compared to $0.3 million during the same quarter of 2025, or $0.24 basic and $0.23 diluted net income per share.
Amazon (NASDAQ: AMZN) has never been afraid to bet big. The company became the world's largest e-commerce company by investing in fulfillment centers and logistics. Meanwhile, it's never sat still in its core business, continuing to invest in robotics, automation, and drones to try to widen its lead. It also created the entire cloud computing industry with the introduction of Amazon Web Services (...
Amazon (NASDAQ: AMZN) has never been afraid to bet big. The company became the world's largest e-commerce company by investing in fulfillment centers and logistics. Meanwhile, it's never sat still in its core business, continuing to invest in robotics, automation, and drones to try to widen its lead. It also created the entire cloud computing industry with the introduction of Amazon Web Services (AWS). Investors originally balked at the spending Amazon invested in scaling AWS, but today it is its most profitable and fastest-growing business. Meanwhile, the cloud industry as a whole is helping fuel the growth in artificial intelligence (AI), and Amazon has become one of the biggest players. Image source: The Motley Fool. Continue reading
Latest Global Sportswear Supply Chain Read-Through Remains Bearish The S&P 500 Textiles, Apparel & Luxury Goods sub-industry index (S5TEXA Index), which includes names such as Nike, Lululemon, Deckers Outdoor, Ralph Lauren, and others, is down 15% year-to-date and roughly 65% from its late 2021 peak. With the index now hovering around Covid-era lows, Goldman analysts have published their latest re...
Latest Global Sportswear Supply Chain Read-Through Remains Bearish The S&P 500 Textiles, Apparel & Luxury Goods sub-industry index (S5TEXA Index), which includes names such as Nike, Lululemon, Deckers Outdoor, Ralph Lauren, and others, is down 15% year-to-date and roughly 65% from its late 2021 peak. With the index now hovering around Covid-era lows, Goldman analysts have published their latest read on textiles, apparel, and footwear, which explains why sentiment across the global industry remains so bleak. Analysts led by Michelle Cheng reported that major Asian sportswear OEM March orders were mixed, with Eclat outperforming peers, while Makalot and Yue Yuen delivered in-line first-quarter results despite holiday-related pressure in Indonesia. Feng Tay continued to report year-on-year declines in orders, and Huali reported muted first-quarter orders. Cheng said the latest earnings season and outlook for apparel this year appear mixed. She noted that geopolitical tensions are beginning to cloud demand and ordering patterns, while higher raw material costs could increasingly pressure OEM margins in the second half of the year if input prices remain elevated. She said competitiveness among brands may also limit suppliers’ ability to pass those costs through, particularly if brands push part of the burden back onto manufacturers. Nike’s slower-than-expected reset is another major headwind for the industry. "Most players said March orders were unaffected; but select players have noted lower forward order visibility from brands due to rising costs and concerns over demand," the analyst said. She said that on the demand side, US conditions in March appeared resilient, based on commentary from Levi Strauss, PVH, and Nike, as well as high-frequency data - likely because the energy shock has yet to fully hit household budgets. Europe, the Middle East, and Africa were more uneven, she said, adding that sentiment across developed markets deteriorated after the outbreak of the...