After Zagreb, Brioni has arrived in Dubrovnik, the other tourism hotspot in Croatia. This time, the Italian tailor has chosen the historic charm of the Excelsior palace as the new home for its second boutique.
Taiwan's President Ma Ying-jeou called for a trade pact with China but said he was not likely to meet his Chinese counterpart soon. The petrochemical, machinery, auto parts and textile industries would be the first beneficiaries of the trade agreement.
Children's Place Retail Stores Inc said it agreed to buy back half the shares its former chairman and chief executive officer owns in the company, and he agreed to withdraw his slate of nominees to the board.
Swiss specialty chemicals company Clariant, which makes pigments for products from textiles to cars, swung to a net loss of 61 million Swiss francs in the second quarter, hit by restructuring costs and falling demand and missing forecasts.