Business

Nikkei to reach 30-year high on economic reopenings

Japanese shares are expected to recover and reach a 30-year peak by the end of year as an acceleration of vaccinations after initial delays helps the economy to reopen, according to respondents in a Reuters poll.

Michael Kors parent expects sales growth as luxury demand rebounds

Capri Holdings Ltd (CPRI.N) on Wednesday forecast annual revenue and profit above Wall Street expectations, betting on shoppers returning to stores in the United States following speedy vaccinations and pent-up demand for luxury goods in Europe.

Bitter shareholder battle for Exxon’s future nears climax

Exxon Mobil Corp’s (XOM.N) bid to stave off a tiny activist fund challenging its board and response to growing climate concerns is too close to call just hours before the oil giant’s annual meeting, people familiar with the matter said.

Nikkei to reach 30-year high on economic reopenings

Japanese shares are expected to recover and reach a 30-year peak by the end of year as an acceleration of vaccinations after initial delays helps the economy to reopen, according to respondents in a Reuters poll.

Michael Kors parent expects sales growth as luxury demand rebounds

Capri Holdings Ltd (CPRI.N) on Wednesday forecast annual revenue and profit above Wall Street expectations, betting on shoppers returning to stores in the United States following speedy vaccinations and pent-up demand for luxury goods in Europe.

Bitter shareholder battle for Exxon’s future nears climax

Exxon Mobil Corp’s (XOM.N) bid to stave off a tiny activist fund challenging its board and response to growing climate concerns is too close to call just hours before the oil giant’s annual meeting, people familiar with the matter said.

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