Gucci-owner Kering’s chairman Francois-Henri Pinault said on Wednesday the company was frustrated with the slow pace of progress in cosmetics development with license holder Coty .
Oil prices extended gains on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world’s second-largest oil consumer may begin to recover from the epidemic.
Airbus said on Wednesday its Airbus Helicopters unit had signed an order for six H135 military training helicopters from the Royal Thai Air Force.
Souring energy loans eroded ABN Amro’s fourth quarter profit growth, it said on Wednesday, prompting the Dutch bank to launch another review of its trade and commodity finance operations.
Top news and what to watch in the markets on Wednesday, February 12, 2020. …read more […]
It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… …read more […]
Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second straight quarter by losses at its $100 billion Vision Fund.
Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp’s lift division with rival Kone , board member Alfred Schindler told Reuters.
Major aircraft lessor Avolon and its peers stand to benefit from the coronavirus outbreak as airlines shore up cash by refinancing their planes, the Dublin-based firm said on Wednesday.
We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The… …read more […]
Gucci-owner Kering has closed half of its stores in China and shelved new openings and advertising campaigns there as the coronavirus epidemic throws luxury brands into turmoil.
A drop in the number of new coronavirus cases and the Federal Reserve chairman’s optimistic view of the economy lifted world stocks for a third day on Wednesday and sparked a 2% rally in oil prices, on hopes the epidemic’s effects would be contained.
These days it’s easy to simply buy an index fund, and your returns should (roughly) match the market. But one can do… …read more […]
Food retailer Ahold Delhaize met forecasts with a 3% rise in fourth-quarter core earnings on Wednesday helped by its Food Lion and Hannaford U.S. grocery chains and strong online sales.
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