Here’s what it’s like to be a home improvement retailer in the midst of a hurricane

A week and a half before Hurricane Irma slammed Florida, delivering a deadly blow to the Southeast, Ace Hardware was stocking its stores across the states with ample supplies of propane, gloves and boots, and power cords — items shoppers would surely be looking...

Silicon Valley’s favorite sneaker comes to New York with second store

Call it the next Warby Parker to hit the market, but for shoes. Allbirds has already won over Silicon Valley, where the business is based, with its wool sneakers spotted on the feet of Google co-founder Larry Page, Twitter Chief Dick Costolo and venture capitalists...

Mercedes owner Daimler invests millions in batteries that charge electric vehicles in five minutes

Mercedes-Benz owner Daimler has invested millions in an Israeli start-up whose battery technology can charge electric vehicles in a matter of minutes. Tel-Aviv-based StoreDot announced Wednesday that the trucking arm of the German automotive giant had led a $60...

Aramco says IPO on track after report it is preparing for possible delay

Saudi Aramco’s planned initial public offering remains on track, the company said on Thursday, after Bloomberg reported that the oil company is preparing contingency plans for a possible delay by a few months into 2019. Saudi authorities are aiming to list up to...

Emerging markets are outperforming developed markets, but analysts argue about the growth outlook

Emerging markets (EM) have continued to grow faster than developed markets and produced higher returns this year, but analysts have conflicting views about the sector’s growth outlook. EM gross domestic product growth is around 4.5 percent year on year and is...

Munich makes first warning by reinsurer on Harvey, Irma impact

Germany’s Munich Re warned it could miss its profit target this year, the first major reinsurer to flag a hit to earnings from damage caused by hurricanes Harvey and Irma.”These two events are expected to result in high insured losses, which the market and...