Luxury havens abandoned overnight, summer resorts that were the victims of bad business decisions. As summer ends, we look at seven abandoned vacation spots that were once the height of glamor before fading — or rusting — away.
Tag: business
China is taking a growing interest in investing in Latin America — just as the Trump administration is making the United States less reliable. But what are Beijing’s real motivations.
The price of doing business in Zimbabwean gold — the country’s latest currency — is too steep for many retailers, who can’t compete with an informal market still churning on U.S. dollars.
Since the start of the Russian invasion, Ukrainian surrogacy clinics have expanded their market to China and the Arab countries and have increased the range of services, including births in Greece, Cyprus and Georgia.
Since the 1980s, the American tradition of team building has found its way into French companies. Consider it a bonafide clash of cultures, and attitudes.
Whether it’s to narrow the digital divide or to attract tourists, foreign businesses, remote workers and digital nomad influencers, it might be time to offer free internet access across society. Here are some of the places leading the push.
French business analysts note that for companies, like nations, the current context is decidedly VUCA: volatile, uncertain, complex and ambiguous, to use a U.S. military strategy acronym. To succeed in Trump’s cut-throat commercial world, companies will need to acquire skills more common in matters of war and peace, than in traditional business operations..
The 75,000 wholesalers in the export manufacturing hub of Yiwu say they have been moderately affected by the tariffs imposed by U.S. President Donald Trump, which he has just announced he will double. Many had already pivoted to developing countries to sell their goods.
The government is pushing for cleaner fuel options. But costs and traditions stand in the way of change.
As China slowed down after the COVID-19 pandemic, this modest supermarket chain from Henan seems to have found the magic formula to encourage Chinese consumers to shop. Pangdonglai is so successful that it has become a national tourist attraction.
Amid the chaos of the collapsing Assad regime, the businessmen who were close to power know they are at risk.
In Spain and beyond, Duralex plates and glasses have been part of the lives of different generations. So when workers of the French tempered glass manufacturer took over the emblematic company a few months ago, turning it into a cooperative to save it from bankruptcy, Spanish media took note.
The “titan” of Indian business, Ratan Tata, has died at 86. Under his leadership, the Tata Group evolved into a global powerhouse, renowned for its integrity and expansive reach.
Chilean winemakers are promoting their celebrated wines in several key markets for consumer spending power: the United States and China are already saturated with every kind of wine. But now India must be a focus despite crushing tariffs.
The resurgence of China’s richest tech billionaire might seem like a positive signal of a more permissive market environment. But it’s worth remembering that Beijing remains the ultimate authority to regulate and mobilise market resources.
Updated August 30, 2024 at 11:20 a.m. American business magnate Warren Buffet was born on this day in 1930. Who is Warren Buffet? Warren Buffett is an American business magnate, investor, and philanthropist. He is the chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company. Buffett is often regarded as one of the […]
Gardening, cooking sweets or binding books are tasks associated with monasteries. But today, a growing number of Spain’s contemplative communities have turned to activities such as gourmet products, tourist rentals through digital platforms, astrotourism and even sushi making to achieve economic sustainability.
Milk shortages are not new in Cuba, where the state pays producers less for their milk than what they can make by selling it on the black market.
Working neither from the office nor from home: the flexible concept of “workation” is appealing not only to digital nomads but increasingly to regular employees who want to find new ways to for peak work-life balance.
Are Bob Marley’s artistic and cultural values now clouded in a haze of rampant commercialization?
What has driven the rise and slow decline of Chinese social media influencers on the African continent? A mix of business, racism and censorship — and short attention spans of all of the above.
The term was coined by journalist Cory Doctorow to explain the fatal drift of major Internet platforms: if they were ever useful and user-friendly, they will inevitably end up being odious.
The credit giant becomes only the second player after American Express to be allowed to set up a bank card-clearing RMB operation in mainland China.
In the last 20 years, Turkish Airlines’ rapid development has shocked its competitors. The carrier is generating substantial profits, while serving the interests of the Turkish state.
Deep structural problems were already pushing it to breaking point. And with teleworking becoming the new normal after COVID, Paris’s La Défense business district stands as a melancholic shadow of its old, buzzing self. Can it find a way to reinvent itself?
The European Commission has committed €100 million to support Tunisia in the effort against migration, with an affectional €900 million in funding for the country. But how does the agreement expect to find success with a formula that has long held a reputation of failure?
Corporations are racing to adopt the language of the mental health movement. But is this anything more than a veil to cover up the deeper problems within the modern workplace?
With the G20 in New Delhi around the corner, India risks finding itself the wrong side of history, and end up as an observer and not one of the drivers of a “once in a lifetime” change.
In the hands of the same family since 1870, the world’s largest producer of corks almost disappeared in the early 2000s. Today, this gem of Portuguese industry has not only reconquered its historic market, but has made cork the darling of many other sectors.
Moscow relies on international shipping companies to ship its oil, especially tankers flying the Greek flag. To protect its lucrative business, Athens is resisting tougher sanctions — and thus playing right into Vladimir Putin’s hands.
As the Polish capital is outpaced by cities such as Kraków and Gdańsk for earnings, the question is posed of what the future holds for the Polish job market and Warsaw.
In the island nation, Rizo Libre (free curl) seeks to rescue Afro-descendant roots on the island.
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Calling For The End Of Call Centers
Our Naples-based Dottoré takes a critical look at companies that rely on telesales.
The Barbie doll is known today as one of the world’s most iconic toys, featured in Greta Gerwig’s newly-released film. The doll was not expected to be a commercial success at all, but that didn’t stop creator Ruth Handler’s determination. Here is her story.
The Chinese pet market is booming, driven by young city dwellers who are increasingly reluctant to have babies. Care, food, yoga classes, strollers, specialized detectives and pet-cloning are all part of a 35 billion-euro industry.
The inventor of ChatGPT is in Europe to try to force leaders on the Continent to face hard questions about what artificial intelligence is bringing to our world, whether they like it or not.
Ukraine has compiled a blacklist of companies it says are “sponsoring” war by still doing business with Russia. The list is causing a stir within the European Union, which is currently working on its 11th round of sanctions.
The West and its brand of modernity may be waning in favor of an ascendant China, but is it offering anything besides replacing market forces with brute force.
Brazilian President Lula da Silva is sticking to Brazil’s favored policy of diplomatic non-alignment while visiting China, hoping to win his country all the business and export deals he can sign.
An Estonian e-residency that gives holders access to the country’s government services and business networks has growing takeup in both mainland China and Taiwan. For both business and political reasons.