LVMH’s Sephora Weighs New China Head to Seek €20 Billion Sales
Sephora, the cosmetics retailer owned by luxury conglomerate LVMH, is considering an overhaul of its China operations, including
2023-07-18 20:27
China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors
China Evergrande, the property developer whose woes helped bring about a slump in the country’s vitally important real estate market, has reported its debts rose further to about $340 billion by the end of last year
2023-07-18 20:27
Bankruptcy slams the brakes on Dutch e-bike manufacturer VanMoof
The Dutch bicycle maker VanMoof, which won design awards for its stylish electric bikes, has been declared bankrupt
2023-07-18 19:52
Lockheed Martin raises full-year forecast on strong weapons demand
By Pratyush Thakur and Mike Stone (Reuters) -U.S. weapons maker Lockheed Martin on Tuesday raised its annual profit and sales
2023-07-18 19:50
Bank of America net income jumps 19%, extending the rally for big banks
Bank of America said its profits grew 19% last quarter, the latest of the big banks to see its bottom line boosted by higher interest rates
2023-07-18 19:24
Tesla directors will return $735 million to company to settle shareholder suit
Tesla directors will return $735 million to the company to settle claims they grossly overpaid themselves in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware court.
2023-07-18 19:15
Yellen Sees Disinflation Pressures at Work as Hiring Surge Fades
Treasury Secretary Janet Yellen said a cooling — but not faltering — labor market is playing a key
2023-07-18 18:57
Singapore Passport Is World’s Most Powerful, Replacing Japan
Singapore has replaced Japan for having the world’s most powerful passport, allowing visa-free entry to 192 global destinations,
2023-07-18 18:51
Stock market today: Global shares mixed ahead of release of US retail sales and factory data
Global shares are trading mixed ahead of the release of U.S. retail sales and factory data
2023-07-18 18:51
UK on track for most company insolvencies since 2009
LONDON England and Wales are on track for the highest quarterly number of company insolvencies since early 2009,
2023-07-18 18:28
Food Inflation Is Still High Around the World
Domestic food price inflation remains high around the globe, with people in Venezuela, Lebanon, Zimbabwe, Argentina and Suriname
2023-07-18 18:25
Japan Plans Climate Initiative to Help Cut Methane Emissions
The US, the European Commission, Japan, South Korea and Australia are collaborating to limit methane emissions from liquefied
2023-07-18 18:21