How Luxury Brands and TikTok Could Save the Royal Opera House

When ballet dancers wore Burberry-designed costumes at a performance earlier this year, it was a clue to Lloyd Dorfman’s plan to save the Royal Opera House from financial ruin: get luxury brands to pay for an association with the Covent Garden palace.

China’s Strong GDP Report Shows Housing Remains a Big Problem

China’s latest economic data put the government’s growth goal of about 5% well within reach and lessened the likelihood for more stimulus before the end of 2023. But the ongoing housing crisis remains a serious drag, worsening the outlook heading into next year.