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LVMH sales growth falters in third quarter
LVMH sales growth falters in third quarter
The world's top luxury group LVMH said Tuesday that its third quarter sales were nearly flat at 19.96 billion euros ($21.2 billion), a one percent increase...
2023-10-11 01:58
Saudi Telecom Buys $2.25 Billion Stake in Spain’s Telefonica
Saudi Telecom Buys $2.25 Billion Stake in Spain’s Telefonica
Saudi Telecom Co. is taking a nearly 10% stake in Spain’s Telefonica SA for roughly $2.25 billion as
2023-09-06 14:51
Rio Tinto CEO Says Chinese Steel Demand Is Close to Peaking
Rio Tinto CEO Says Chinese Steel Demand Is Close to Peaking
The chief executive officer of the world’s second-largest iron ore producer believes Chinese consumption of steel is close
2023-09-19 10:54
3M seeks to revive bankruptcy to resolve military earplug mass tort
3M seeks to revive bankruptcy to resolve military earplug mass tort
By Dietrich Knauth NEW YORK (Reuters) -A 3M subsidiary appealed the dismissal of its bankruptcy case late Monday, challenging a
2023-06-14 04:24
Investors on guard for oil price spike as Middle East turmoil rattles markets
Investors on guard for oil price spike as Middle East turmoil rattles markets
By Lewis Krauskopf and Naomi Rovnick (Reuters) -Fears of a widening conflict in the Middle East are threatening more volatility
2023-10-09 23:49
Thailand Bars Election Winner From PM Race as Tension Builds
Thailand Bars Election Winner From PM Race as Tension Builds
Thailand’s parliament barred Pita Limjaroenrat from running for prime minister, in a decision that undermines the people’s choice
2023-07-19 18:59
Canadian union Unifor names Ford as bargaining target among Detroit Three
Canadian union Unifor names Ford as bargaining target among Detroit Three
Canadian union Unifor on Tuesday announced Ford Motor as its potential target for negotiations amid contract talks with
2023-08-30 02:20
Norway’s $1.4 Trillion Wealth Fund Returns 10% on Tech Surge
Norway’s $1.4 Trillion Wealth Fund Returns 10% on Tech Surge
Norway’s $1.4 trillion sovereign wealth fund returned 10%, or $143 billion, in the first half, indicating it’s back
2023-08-16 03:58
Orsted CEO Ousts Top Executives After $4 Billion Impairment
Orsted CEO Ousts Top Executives After $4 Billion Impairment
Orsted A/S’s chief Mads Nipper dismissed two top executives as the company fights to recover from huge writedowns
2023-11-14 17:55
Regional tourism a casualty in Israel-Hamas conflict
Regional tourism a casualty in Israel-Hamas conflict
Tourists are abandoning the Middle East region due to the conflict between Israel and Hamas, putting at risk nations like Jordan, Lebanon and Egypt, whose economies...
2023-12-01 18:18
Pfizer Cuts Guidance on Weakening Demand for Covid Antiviral Paxlovid 
Pfizer Cuts Guidance on Weakening Demand for Covid Antiviral Paxlovid 
Pfizer Inc. slashed its revenue and earnings forecasts for the year after agreeing to take Paxlovid doses back
2023-10-14 06:29
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
2023-05-12 15:20