Bloomberg Businessweek

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Costly Fuel Dims Profit Outlook for Container Shippers

Container-shipping companies worldwide face a $7 billion increase in total fuel costs this year as oil prices climb, said Nilesh Tiwary, an analyst …

Profit

Tax Holiday Helps Curb Malaysia Inflation

Thanks to a tax holiday, inflation in Malaysia slowed to the weakest pace since 2015 in June with consumer prices rising 0.8 percent from a year …

Markets

From iPhones to Pampers: America’s Top-Sellers in China

The fledgling U.S.-China trade war will take a toll on companies from both sides, with some tariffs in place and the potential to escalate into …

Procter & Gamble

Trump Criticizes the Fed, Breaking Another Taboo

After the stock market swooned in early February, I predicted difficulties for the Federal Reserve. “If this turns out to be more than a shudder,” I …

Stock Markets

Putin’s Pensions Gamble

Vladimir Putin hasn’t inspired so little confidence among Russians since the country was on the cusp of rallies over alleged ballot-rigging in 2011, …

Vladimir Putin

DNA Testing Unlocks Secrets But Leaves Footprints

DNA tests are to 2018 what the iPhone was to 2007: a game-changing technology poised to reshape how we see ourselves and live our lives. So-called …

Molecular Biology

Hollywood Braces for Collateral Damage From Trade War With China

This was supposed to be a big year for Hollywood in China. The five-year World Trade Organization film pact the U.S. and Beijing signed in 2012 was …

Box Office

Why You Need to Go to Mauritius Now, in 10 Incredible Photos

<b>Walk on Mont Choisy Beach</b><p>There’s no denying that Mauritius’s beaches are its most obvious attractions. The island is surrounded by ivory shores …

Fashion (India)

Want to Buy the New Mercedes G-Wagen? Here’s What You Need to Know

When Mercedes-Benz launched the 2019 G-Class SUV in Detroit, it felt the need to do so with tremendous fanfare: a party for 2,000 people, indoor …

Driving

Nobody Knows Where to Take Shelter From Trump’s Trade War

During months of heated rhetoric surrounding trade and tariffs, Wall Street strategists and advisers largely assumed it was all just brinkmanship. …

S&P 500

The European Economy’s Top Threats

The specter of a trade war is the biggest risk for the euro area as the European Central Bank prepares to end asset purchases, a Bloomberg survey of …

Economy

Japan’s $150 Chicken Skewers Are Coming to New York City

“When you dine at Torishiki, look at Ikegawa-san’s hands,” chef Kentaro Nakahara said to me last month, almost in a whisper, as I sat at the kitchen …

Japan

This Bizarre Sunscreen Booth Is Driving Cocktail Sales at Hotel Pools

Nothing will ruin your beach vacation faster than a sunburn.<p>Get scorched, and suddenly everything that was meant to be fun isn’t: Massages at the spa …

Sunscreen

Investing in Fine Wine Is More Lucrative Than Ever

Buying rare wines is like investing in a startup: You need 10 years of runway to see significant returns. But unlike a startup, wine is a lot more …

Investing

To Build a $2 Million Porsche, First You Need to Go to Durham

Why top vintage car collectors turn to the Road Scholars garage in North Carolina for their chance at automotive glory.<p>It’s a rare thing to see a …

North Carolina

Turning Around an Old-School Tech Company

At his company’s local customer support and research and development center in Bangalore, Antonio Neri got a reception that’s tough to square with …

Sexual Harassment

Trump’s Botched Putin Summit May Help Protect the Russia Probe

Even for a Friday the 13th, it was a strange event. Just three days before President Trump was scheduled to have his first one-on-one meeting with …

Donald Trump

In Generation Wealth, the Rich Are Still Partying Like It’s 2007

For 25 years, photographer Lauren Greenfield has chronicled the ascendance of a global elite: here, a picture of French aristocrats sitting beneath …

Hedge Funds

Best Buy Should Be Dead, But It’s Thriving in the Age of Amazon

In Best Buy’s perfect world, all 380 of its new “in-home advisors” would park their clean, white Priuses in front of a customer’s house rather than …

Best Buy

U.S. Housing Starts Plunge by Most Since 2016

U.S. new home construction took a big step back in June, a month after advancing to the highest level in nearly 11 years. Housing starts dropped a …

Real Estate

Trump’s Damage to International Trade Will Take Years to Repair

Is President Trump a blip? A brief aberration who will have no lasting impact on international relations? A tempest in a samovar? Don’t count on it. …

Globalization

An Expat’s Guide to Real Estate in Dubai

Dubai, a relative newborn on the world stage, was a city built around cars. And even though its economy is more diversified than those of its Gulf …

Real Estate

China Beats World on EV Plants

Electric-vehicle manufacturing facilities in China are set to outnumber those in North America, Europe and Japan combined for at least the next two …

Electric Vehicles

Beat Flip-Flop Stigma With Designer Sandals, $530 and Up

Not all feet are fit for open-toed footwear, but even the flip-flop-averse could be tempted by the technical straps of Prada SpA’s rubber-and-webbing …

Sandals

Want More Luxury in Your Life? Try Soap

The humble bar of soap has had “a remarkable resurgence,” says Maria João Nogueira Mendes, spokeswoman for Portugal’s 131-year-old luxury brand Claus …

Visual Art

Want to Know How Good a Bar Is? Order This One Tricky Drink

<i>At Bloomberg Pursuits, we love to travel. And we always want to make sure we’re doing it right. So we’re talking to globetrotters in all our luxury</i> …

Virgin Atlantic

The Best Burgers in Los Angeles, According to Top Chefs

Whether you’re dining in or driving thru, Southern California gets few things better than a meat sandwich on a bun. Here’s where to dig in.<p>By Kate …

Los Angeles

Psychedelic Artists Wowing Japan are Taking the Show to New York

Do as the Japanese do. Take off your shoes and jump in feet first.<p>TeamLab, the tech-art collective that opened two spectacular light exhibits at …

Japan

Tiffany & Co. Has Built a Secret Lab to Crush Its Rivals

At Tiffany & Co.’s new workshop in Manhattan, jewelers sit at wooden desks peering through magnifying glasses as they polish silver rings and twist …

Tiffany & Co

How Not to Invest Your Lottery Jackpot

If you’re unaccustomed to having a lot of money and just happen to win $375 million in tonight’s MegaMillions jackpot, consider thinking before you …

Finance