Shein has listed in Hong Kong after failed attempts in New York and London, as US tariffs and rising shipping costs squeeze the fast-fashion giant's profits. Shares in fast-fashion giant Shein fell as much as 10% on their trading debut on Hong Kong's stock market on Tuesday, before recovering some of their losses, following years of delay to the company's plans to list publicly and regulatory setbacks in Europe and in the US. Shein's initial public offering opened on 24 August, with the...
A year on from the purge, with thousands of jobs cut and billions in foreign aid lost, a former leader reflects on the sorry saga – and why it would never happen to NasaA year has passed since I and thousands of colleagues lost our jobs at USAID. Asking myself “Why us?” I have come to the conclusion that the American public had very little idea of what we were doing and why.