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British Airways, pummeled by declining revenue as demand for air travel collapsed during the coronavirus pandemic, plans to sell art worth millions, The Evening Standard, a British newspaper, reported. About 10 pieces, including one valued at .26 million, that had been displayed at airport lounges will be sold. Sotheby's, an auction house, has been retained to value the art.
Business leaders said China's growing demand for imported products and services will provide a historic opportunity for global companies to enter its massive market for the long run.
Bruno Chevot, senior vice president of Greater China & Oceania at Danone Early Life Nutrition, said the new center will allow the company to work closely with the Chinese public and private sector, universities and professionals to speed up innovation. "The results of our research here will not just be used in China, but also be exported to the rest of the world," Chevot said.
Bowman will also promote London’s role in the Chinese government’s Greater Bay Area plan to develop an integrated economic and business hub linking Macau, Hong Kong and several cities in Guangdong province.
But Amazon also has a growing presence in New York too, inking a deal to open a 40,000 square foot fashion studio in Brooklyn earlier this year. Its MyHabit.com unit also is based there, and the Journal notes that Amazon’s own Web site lists New York as one of it office locations. The company is currently hiring for roles in publishing, media, engineering and advertising in the office, according to a jobs page.