
Indian Finance Minister Issues Warnings Regarding Crypto
The Indian finance minister suggested against using cryptocurrency.The law enforcement organization blocked the assets of two crypto exchanges.At a BJP Economic Cell event on Saturday,...
The Indian finance minister suggested against using cryptocurrency.The law enforcement organization blocked the assets of two crypto exchanges.At a BJP Economic Cell event on Saturday,...
By John Revill ZURICH (Reuters) – Richemont on Monday urged shareholders to vote against appointing a representative of activist investor Bluebell Capital Partners to the luxury goods...
ZURICH (Reuters) – Bluebell Capital Partners wants Swiss luxury goods group Richemont to concentrate on jewellery and watches, the activist fund manager told Reuters on Wednesday, saying...
ZURICH (Reuters) – Fund manager Bluebell Capital Partners has asked Compagnie Financiere Richemont to broaden representation on its board of directors, the Swiss luxury group said on...
PARIS (Reuters) – Shares in Burberry and Richemont slumped on Friday, hit by concern over the damage to the luxury industry from China’s COVID-19 lockdowns as dismal GDP data from the...
Richemont reports double-digit sales, as tourists return to Europe
Sales in Europe rose by 42% in the period, the Cartier owner said, pointing to a recovery in spending from American and Middle Eastern tourists.
ZURICH (Reuters) -Luxury goods group Richemont said on Friday higher sales in Europe, the Americas, Japan and the Middle East offset lower sales in the Asia Pacific region during the three...
By Geoffrey Smith Investing.com --- A modest bit of monetary easing in China triggers a short-covering bounce in the U.S., but stocks are still on course for their lowest weekly close since...
By Geoffrey Smith Investing.com -- Luxury stocks across Europe underperformed on Friday after Swiss-based Richemont (SIX:CFR) warned of a big hit to sales from the closure of Chinese...
By Peter Nurse Investing.com - European stock markets traded higher Friday, ending the week on a positive note with investors buoyed by strong U.K. retail sales data as well as China...
By Peter Nurse Investing.com - European stock markets are expected to open sharply higher Friday, following the positive lead from Asia after China cut a key lending benchmark, seeking to...
By Dhirendra Tripathi Investing.com – Farfetch stock (NYSE:FTCH) slumped 8% Friday as the luxury retailer’s third-quarter sales disappointed and it lowered its guidance. Gross merchandise...
By Dhirendra Tripathi Investing.com – Burberry (LON:BRBY) and Richemont (SIX:CFR) were trading lower in Friday’s premarket as worries about top level reshuffle outweighed positive...
By Peter Nurse Investing.com - European stock markets are seen opening largely higher Friday, continuing the strong gains from the previous session as optimism over the region’s outlook...
* SAP gains as cloud sales boost Q1* Luxury stocks rise after LVMH results* Economic institutes will cut 2021 German GDP forecast -sources (Updates to close)By Sruthi Shankar and Susan...
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)April 14 (Reuters) - European stocks inched up on Wednesday, as upbeat earnings...
(Updates through close of U.S. trading)By David RandallNEW YORK, Jan 19 (Reuters) - Global equity benchmarks rose to new record highs and oil prices rose on Wednesday as investors moved into...
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* European tech stocks hit 20-year peak* Luxury stocks gain on upbeat Richemont earnings* Investors eye big stimulus...
By David RandallNEW YORK, Jan 19 (Reuters) - Global equity benchmarks and oil prices rose while U.S. Treasury bonds dipped Wednesday as investors weighed the likelihood of further U.S....
* Euro STOXX 600 up 0.5%* MSCI ex-Japan Asia hits record* Wall Street futures up* Investors bullish after Yellen supports big spending* Oil up, dollar on the back footBy Tom WilsonLONDON,...
* Euro STOXX 600 up 0.3%* MSCI ex-Japan Asia hits record* Nasdaq futures up on Netflix* Investors bullish after Yellen supports big spending* Oil up, dollar on the back footBy Tom Wilson and...
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)Jan 20 (Reuters) - European stocks rose on Wednesday after Swiss luxury group...
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Wall St choppy as Biden seen closer to victory* Airlines hit as lockdown fears...
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* ECB's Lagarde says EU stimulus scheme to favour grants* Richemont slides as sales halve, hits luxury stocks*...
(For a live blog on European stocks, type LIVE/ in an Eikon news window)July 16 (Reuters) - European shares eased from one-month highs on Thursday, as growing friction in U.S.-China...
* Miners jump after positive China data* German economy suffers worst contraction since 2009 in Q1* Wirecard slumps to lowest in two years(For a live blog on European stocks, type LIVE/ in...
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* Mining stocks slump on fears virus outbreak may hit China growth* Luxury goods makers, airlines, hotels tumble*...
By Geoffrey Smith Investing.com -- Europe’s stock markets hit new record highs on Friday morning as data out of China suggested that the world’s second-largest economy is...
By Geoffrey SmithInvesting.com -- There’s merger speculation in the air among Europe’s luxury groups Thursday, with shares in Moncler (MI:MONC) – the Italian maker of...
(Bloomberg) -- LVMH's (PA:LVMH) $16 billion purchase of U.S. jeweler Tiffany (NYSE:TIF) won the applause of analysts and investors, who said the deal allows the French conglomerate to...
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* STOXX 600 pulls back from 4-year peak* UK economy grows at slowest annual rate since 2010 in Q3* Greggs jumps 17%...
Investing.com -- The escalation of violence in Hong Kong over the weekend has cast a pall over European stock markets on Monday, reinforcing a “risk-off” move that was already...
* Trump says has not agreed to roll back tariffs on China* Defensive stocks gain as risk appetite falls* STOXX 600 on track for five weeks of gains* Credit Agricole drops after results*...
* Banks snap 3-day losing streak* Steel stocks fall after U.S. Steel's weak forecast* Swiss lenders gain after SNB raises negative rate threshold (Updates to close)By Sruthi ShankarSept...
* Semiconductors lead gains among tech stocks* Moncler leads declines among luxury shares* Fed policy statement due at 1800 GMT (Updates to close)By Sruthi ShankarSept 18 (Reuters) -...
* Oil stabilise as Saudi says has restored supply* But geopolitical tensions still support crude* Investors expect Fed to cut rates by 25 basis points on Wed* European shares tread water,...
* Oil stabilise as Saudi says has restored supply* But geopolitical tensions still support crude* Investors expect Fed to cut rates by 25 basis points on Wed* European shares tread water,...
(For a live blog on European stocks, type LIVE/ in an Eikon news window)Sept 18 (Reuters) - Losses in luxury stocks dragged European shares lower on Wednesday, while investors remained wary...
* Italian shares rally as PM unveils cabinet* Opponents of 'no-deal' Brexit defeat PM Johnson* FTSE 100 under-performs as pound halts slide* Hong Kong leader withdraws extradition...
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