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 20:29
Top economists urge bolder action on 'crisis of extreme inequality'
More than 230 economists and political leaders have called on the United Nations and the World Bank to do more to tackle the widening gap between the rich and poor around the world, a problem they say many governments are ignoring.
2023-07-18 20:20
US startups are having a bad year. Relief isn't coming
US stocks are climbing and second quarter corporate earnings are coming in strong (so far, at least). Investors on Wall Street are optimistic.
2023-07-18 19:51
Morgan Stanley profit drops 18% as deal doldrums persist
(Reuters) -Morgan Stanley's profit slipped 18% in the second quarter as Wall Street's deal-making drought stunted revenue from investment banking.
2023-07-18 19:49
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 19:48
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 19:22
Bank of America profit rises on boost from interest income
Bank of America's profit rose in the second quarter as it earned more from customers' loan payments, while
2023-07-18 18:51
BNY Mellon beats second-quarter profit estimates on higher rates
Bank of New York Mellon Corp beat Wall Street targets for second-quarter profit on Tuesday as the U.S.
2023-07-18 18:46
Britain Is Over Worst of Food Price Inflation, Reports Signal
Food inflation in Britain appears to be past its worst after producers and grocers cut prices and raw
2023-07-18 17:50
Pret A Manger Reports First Profit in Five Years as Sales Jump
Pret A Manger has returned to profitability for the first time since 2018, as the coffee and sandwich
2023-07-18 16:24
Ocado keeps guidance after return to first-half underlying profit
By James Davey LONDON Ocado, the British online supermarket and technology group, kept its financial guidance for the
2023-07-18 15:54
Swedish Pension Fund Hit by SVB Posts Loss on Property Portfolio
The Swedish fund that got caught up in the US banking crisis this spring reported a first-half loss
2023-07-18 15:45