Since 1926, equities have recovered more than half of a 10% or larger decline 79 times and only once, in March 1930, did they reach a new low before setting a new all-time peak.
Amancio Ortega’s firm has increased investments in global real estate and energy, diversifying away from retail as Inditex shares sank.
As foreign workers flee places like Hong Kong, which are the destinations drawing the next generation of expats?
Households downbeat about their prospects are retrenching, with consequences for local giants as well as multinationals.
The newly redeveloped building at 425 Park Ave. will open a restaurant by chef Jean-Georges Vongerichten.