By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks retreated on Monday after six sessions of gains…
Gucci’s challenge: reigniting heat while boosting timeless appeal
By Mimosa Spencer PARIS (Reuters) -Sabato De Sarno, newly appointed by Kering to reinvigorate its prized Gucci brand, needs to…
U.S. says FTX founder Bankman-Fried needs limits on communications, asset access
By Jonathan Stempel NEW YORK (Reuters) – The U.S. government on Monday urged a judge to reject Sam Bankman-Fried’s claim…
Dollar gains as central banks take central stage
By Karen Brettell NEW YORK (Reuters) – The dollar rose on Monday, a day before the Federal Reserve was due…
Oil falls 2% as rate hikes loom and Russian flows stay strong
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices dipped 2% on Monday, extending losses as looming increases to interest rates by…
Philips to cut 13% of jobs in safety and profitability drive
By Bart H. Meijer AMSTERDAM (Reuters) -Dutch health technology company Philips will scrap another 6,000 jobs worldwide as it tries…
Campaigners urge bond investors to shun Adani Group on green concerns
By Isla Binnie NEW YORK (Reuters) – An advocacy group focused on the impact of debt markets on climate change…
Brazil’s new monetary policy director could be from the private sector, says Haddad
SAO PAULO (Reuters) -Brazil’s Finance Minister Fernando Haddad said on Monday that the new central bank monetary policy director could…
Adani firms lose $65 billion in value as U.S. short-seller battle escalates
By Chris Thomas and Aditya Kalra NEW DELHI (Reuters) – Most Adani Group shares fell sharply on Monday as the…
Unilever names former Heinz exec Schumacher as CEO
By Richa Naidu LONDON (Reuters) – Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from…