TOKYO — Japan’s Ryohin Keikaku, operator of the no-frills home-goods stores chain Muji, will enter a partnership with major convenience store chain operator Lawson, Nikkei has learned. Starting Wednesday, Lawson will start selling Muji goods, such as cosmetics, stationary and underwear, at three of its directly managed, or non-franchised, stores in Tokyo. Muji will […]
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Asian airlines flock to cargo for reprieve from coronavirus havoc
TOKYO — Demand for cargo services is serving as a lifeline for airlines across Asia amid the coronaovirus outbreak even as pressure on core passenger operations pushes others, like Australia’s Virgin Airlines, into dire straits. Virgin Australia Holdings announced it was entering voluntary administration on Tuesday, though it would continue […]
Investors flock to computer-run funds as managers fail in market sell-off
Investors have been piling money into passive funds during the coronavirus pandemic as active fund managers failed to beat the market in a downturn, supposedly one of the selling points of human stock pickers. In total, £244m was withdrawn from global markets in March, according to research firm Calastone, but this relatively benign […]