Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic rebound helped quarterly sales at Cartier owner Richemont rise by nearly a third, the world’s second-largest luxury group said on Wednesday.
Major international airlines rushed to rejig or cancel flights to the United States ahead of a 5G wireless rollout on Wednesday that has triggered safety concerns, despite wireless carriers saying they will delay parts of the deployment.
China is drafting nationwide rules to make it easier for property developers to access funds from sales still held in escrow accounts in its latest move to ease a severe cash crunch in the sector, four people with knowledge of the matter said.
Asian and European shares fell, U.S. and European bond yields hit multi-year highs, and oil prices climbed on Wednesday as investors braced for tighter monetary policy to combat troubling levels of inflation.
Companies in “sustainable” sectors including renewable energy raised a record amount of equity in 2021, Refinitiv Eikon data showed, boosted by surging demand for investments addressing social and environmental problems.
Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook
The Bank of Japan raised its inflation forecasts on Tuesday but said it was in no rush to change its ultra-loose monetary policy, as rising prices fan speculation it may soon signal a shift in its decade-old stimulus experiment.
British employers hired a record number of staff last month and labour shortages deepened, increasing the chance that the Bank of England will raise interest rates again next month, but pay was squeezed by rapidly rising inflation.
Private equity firm Affinity Equity Partners is this week launching the sale of its Burger King fast-food businesses in South Korea and Japan, in a deal that could fetch more than $1 billion, a person with knowledge of the matter told Reuters.
The head of Japan’s main steel industry lobby said on Tuesday the European Union’s decision to extend anti-dumping measures on electrical steel from Japan was inappropriate and it would consider taking action
Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic rebound helped quarterly sales at Cartier owner Richemont rise by nearly a third, the world’s second-largest luxury group said on Wednesday.
Major international airlines rushed to rejig or cancel flights to the United States ahead of a 5G wireless rollout on Wednesday that has triggered safety concerns, despite wireless carriers saying they will delay parts of the deployment.
China is drafting nationwide rules to make it easier for property developers to access funds from sales still held in escrow accounts in its latest move to ease a severe cash crunch in the sector, four people with knowledge of the matter said.
Asian and European shares fell, U.S. and European bond yields hit multi-year highs, and oil prices climbed on Wednesday as investors braced for tighter monetary policy to combat troubling levels of inflation.
Companies in “sustainable” sectors including renewable energy raised a record amount of equity in 2021, Refinitiv Eikon data showed, boosted by surging demand for investments addressing social and environmental problems.
Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook
The Bank of Japan raised its inflation forecasts on Tuesday but said it was in no rush to change its ultra-loose monetary policy, as rising prices fan speculation it may soon signal a shift in its decade-old stimulus experiment.
British employers hired a record number of staff last month and labour shortages deepened, increasing the chance that the Bank of England will raise interest rates again next month, but pay was squeezed by rapidly rising inflation.
Private equity firm Affinity Equity Partners is this week launching the sale of its Burger King fast-food businesses in South Korea and Japan, in a deal that could fetch more than $1 billion, a person with knowledge of the matter told Reuters.
The head of Japan’s main steel industry lobby said on Tuesday the European Union’s decision to extend anti-dumping measures on electrical steel from Japan was inappropriate and it would consider taking action
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