Headlines

Moncler CEO strengthens grip on company with LVMH deal

Moncler CEO strengthens grip on company with LVMH deal

  By Elisa Anzolin and Mimosa Spencer MILAN/PARIS (Reuters) -Moncler’s Chairman and CEO Remo Ruffini is tightening his cont..

Aeffe sells ‘Moschino’ brand for perfumes to Euroitalia

Aeffe sells ‘Moschino’ brand for perfumes to Euroitalia

  MILAN (Reuters) – Italian fashion group Aeffe has agreed to transfer the ownership of its ‘Moschino’ brand in..

Exclusive-African countries eye world’s first joint ‘debt-for-nature’ swap

Exclusive-African countries eye world’s first joint ‘debt-for-nature’ swap

  LONDON (Reuters) – At least five African countries are working on what could be the world’s first joint “debt..

UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally

UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally

  By Lisa Pauline Mattackal and Shashwat Chauhan (Reuters) -UK’s FTSE 100 closed up on Thursday, though lagging its Europea..

Dollar firm following sharp rebound as Fed speakers eyed

Dollar firm following sharp rebound as Fed speakers eyed

  By Kevin Buckland TOKYO (Reuters) – The dollar held firm on Thursday following its sharpest rally since early June as tra..

Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion

Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion

  GDANSK (Reuters) – Poland’s largest apparel retailer LPP confirmed its full-year revenue target of 20-21 billion zl..

UniCredit starts process to bring life insurance business in house

UniCredit starts process to bring life insurance business in house

  MILAN (Reuters) – UniCredit has told Allianz and CNP Assurances that it will buy their stakes in the life insurance joint..

European shares end marginally lower as energy stocks drop

European shares end marginally lower as energy stocks drop

  By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 closed slightly lower on Wednesday as energy stocks ..

Fonterra’s annual profit falls 25%; shares rise on dividend declaration

Fonterra’s annual profit falls 25%; shares rise on dividend declaration

  By Rajasik Mukherjee (Reuters) -New Zealand’s Fonterra posted a 25% drop in its fiscal 2024 profit on Wednesday, hurt by ..

Soccer-‘I thought it was AI,’ says Wimbledon director of flooding images at stadium

Soccer-‘I thought it was AI,’ says Wimbledon director of flooding images at stadium

  (Reuters) – AFC Wimbledon’s managing director thought he was looking at AI-created images when he saw pictures of f..