Luxury Misses Out on Market Bounce After Richemont Warns of China Woes
. By Geoffrey Smith Investing.com -- Luxury stocks across Europe underperformed on Friday after Swiss-based Richemont (SIX:CFR) warned of a big hit to sales from the...
Dollar set for first losing week in seven amid U.S. yield retreat
© Reuters. FILE PHOTO: U.S. hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo By Kevin...
Richemont profit and sales jump, discussions about YNAP continue
© Reuters. FILE PHOTO: The logo of luxury goods group Richemont's flagship brand Cartier is seen at a branch in Zurich, Switzerland, January 12, 2017....
‘We are going to die’: Food shortages add to Sri Lanka’s woes
2/2 © Reuters. FILE PHOTO: Protestors stand on a water cannon vehicle as they shout slogans during a protest organised by students near the President's...
Shanghai economy hit on all sides in April by COVID lockdown
© Reuters. FILE PHOTO: An empty road is seen at Shanghai Central Business District (CBD) during a lockdown, amid the coronavirus disease (COVID-19) pandemic, in...
Computer chip giant ASML places big bets on a tiny future
4/4 © Reuters. An optical system is prepared for testing in a vacuum chamber at Carl Zeiss SMT in Oberkochen, Germany, in this undated handout...
Zurich Insurance to exit Russian market, sell business to local team
© Reuters. FILE PHOTO: The logo of Zurich Insurance is seen at its headquarters in Zurich, Switzerland January 13, 2022. REUTERS/Arnd Wiegmann ZURICH (Reuters) -Zurich...
Asian shares jump as China cuts key lending benchmark
© Reuters. FILE PHOTO - An investor stands in front of an electronic board showing stock information at a brokerage house in Shanghai, China, August...
Oil steady as economic worries offset possible China demand rise
© Reuters. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford By Scott DiSavino...
Wall Street ends lower as Cisco and Apple sink
2/2 © Reuters. A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 18,...