By Dietrich Knauth, Tom Hals and Tom Wilson NEW YORK/LONDON (Reuters) – FTX was run as a “personal fiefdom” of…
Gucci’s designer Alessandro Michele is stepping down-source
PARIS (Reuters) – Alessandro Michele, the creative director of Kering’s top fashion brand Gucci, is stepping down from the role,…
Italy’s TIM to close offices on Fridays under new work from home policy
MILAN (Reuters) – Telecom Italia (TIM) will keep its offices across Italy closed on Fridays as part of a deal…
JPMorgan expects to keep growing in Latin America with improved outlook
By Tatiana Bautzer SAO PAULO (Reuters) – JPMorgan Chase & Co will keep growing in Latin America over the next…
Three of China’s biggest banks to provide support for property developers
BEIJING (Reuters) -Three of China’s biggest commercial banks have agreed to provide fundraising support to property developers, including industry giant…
Sony to expand Chinese game incubator in Microsoft head-to-head
By Josh Ye HONG KONG (Reuters) – Sony Group Corp said it plans to expand a programme to identify and…
Stellantis stores cars in old French airfield amid delivery logjam – sources
By Gilles Guillaume PARIS (Reuters) – Stellantis is using an abandoned airfield in eastern France to store cars that are…
Marketmind: Fearless?
A look at the day ahead in U.S. and global markets from Mike Dolan. As bond markets furiously flag a…
German inflation to stay in double digits despite gas price brake, Bundesbank says
FRANKFURT (Reuters) – Inflation in Germany may well remain in double digits into next year despite the government’s efforts to…
Easing euro zone downturn offers hope of milder recession
By Jonathan Cable LONDON (Reuters) -The downturn in euro zone business activity eased slightly in November offering a glimmer of…