PARIS (Reuters) – Cosmetics group L’Oreal posted robust sales growth over the third quarter, lifted by brisk demand in Europe…
European shares rise after UK’s Truss resigns as prime minister
By Amruta Khandekar and Devik Jain (Reuters) -European shares rose on Thursday after Liz Truss said she was resigning as…
Fed’s Harker says high inflation calls for more rate hikes
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the central…
Investors file lawsuit against Volkswagen over climate-change related lobbying disclosures
BERLIN (Reuters) – Six Volkswagen investors filed a case against the carmaker this week for refusing to discuss at its…
Whirlpool opens factory in Argentina with $52 million investment
By Eliana Raszewski BUENOS AIRES (Reuters) – Appliance maker Whirlpool Corp is set to inaugurate a new factory in Buenos…
Kering sales rise 14% in third quarter but Gucci lags
PARIS (Reuters) – French luxury group Kering said sales in the third quarter increased by 14%, driven by a strong…
Hermes plans big price rises, says no sign of slowdown
By Mimosa Spencer PARIS (Reuters) -Birkin bag maker Hermes flagged plans to hike prices by 5% to 10% in 2023…
Union Pacific confident of labor deal ratification; flags possibility of strike
By Abhijith Ganapavaram (Reuters) – U.S. railroad Union Pacific Corp’s chief executive expressed confidence on workers agreeing to a new…
Banking agencies to provide guidance on crypto after better understanding risks- FDIC head
By Hannah Lang (Reuters) -Banking regulators expect to provide industry guidance to financial institutions on crypto-related activities once agencies better…
Dow beats Q3 estimates, plans $1 billion in cost cuts as energy prices rise
By Ruhi Soni (Reuters) -Chemicals giant Dow Inc on Thursday beat third-quarter profit estimates and outlined plans to cut costs…