Day: May 13, 2020

Retailers battle to get Americans shopping again

At 7pm on March 18, a week after the World Health Organization had declared the coronavirus to be a pandemic, and with the US death toll sitting at 171, America’s biggest mall owner shut its doors. Simon Property, which has 204 sites across 38 states, expected the measures to last a little more than a week.

It would not be until May that some of its malls would reopen, albeit tentatively. As well as the face masks, hand sanitiser and temperature checks that are becoming regular parts of life for those still going to work, food courts cannot serve diners

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Most of Japan to reopen Thursday, but not big cities

TOKYO — Japan is expected to bring an early end to the state of emergency Thursday in 39 of its 47 prefectures, though greater Tokyo and Osaka will remain on the list of potential coronavirus hot spots.

Prime Minister Shinzo Abe will announce the move as early as Thursday evening after an assessment by a government expert panel. The nationwide declaration is now slated to end May 31.

The state of emergency will continue in Tokyo and Osaka. While new coronavirus cases are on the decline in those cities, hospitalizations remain high, and looser restrictions would heighten the risk of

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Indonesia IPOs surge ahead, defying coronavirus slump

JAKARTA — As the coronavirus pandemic prompted international investors to flee Indonesia, sending the stock market to an eight-year low, the directors of Aesler Group International, an architecture practice, held their nerve.

Despite the global uncertainty, Aesler on April 9 became the first company of architects to list on the Indonesia Stock Exchange. It has been one of 27 listings so far this year, a wave that has propelled Indonesia to the top of Southeast Asia’s IPO rankings in 2020.

“This pandemic situation gives us the upper hand of delivering a unique architectural product that can be in high demand

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Chips Ahoy, Sour Patch Kids team up to host virtual prom

Dive Brief:

  • Chips Ahoy and Sour Patch Kids are teaming up to host a virtual prom for high school students whose events have been canceled across the country, the company revealed in a press release.
  • The two Mondelēz International brands, which recently teamed up on co-branded cookie, have tapped DJ Steve Aoki to host “The Sweetest Prom Ever” virtual event. The event will be live streamed on Steve Aoki’s YouTube channel, as well as on the Chips Ahoy and Sour Patch Kids YouTube, Instagram and Twitter channels at 9 p.m. ET on May 23.
  • Students aged 17-20 can enter
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