PARIS (Reuters) – Output in the French economy fell slightly overall again in January, a purchasing managers’ survey showed on…
Luxury giants bank on Chinese return as Western shoppers sober up
By Mimosa Spencer PARIS (Reuters) -The focus of the luxury industry is shifting back to China, with hopes that its…
Markedmind: It’s all about the weather
A look at the day ahead in European and global markets from Wayne Cole. It’s been another quiet session in…
Capri names insider Cedric Wilmotte as CEO of Michael Kors
(Reuters) – U.S. luxury group Capri Holdings Ltd on Monday named company veteran Cedric Wilmotte as the chief executive officer…
Stocks, euro gain as Fed, ECB rate hike outlooks diverge
By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a…
Former McDonald’s restaurants reopen without branding in Kazakhstan
ALMATY (Reuters) -Several restaurants which used to operate under the McDonald’s brand in Kazakhstan reopened on Monday with no branding…
Nokia signs new 5G patent deal with Samsung
OSLO (Reuters) – Nokia said on Monday it has signed a new cross-license patent agreement with Samsung following the expiry…
Consumer Reports urges dark chocolate makers to reduce lead, cadmium levels
By Jonathan Stempel NEW YORK (Reuters) -Consumer Reports on Monday urged four chocolate producers to commit by Valentine’s Day to…
Ford to cut up to 3,200 European jobs, union says, vowing to fight
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford Motor Co plans to cut up to 3,200 jobs across Europe…
ECB rates have to rise significantly at steady pace, Lagarde says
FRANKFURT (Reuters) – The European Central Bank will keep raising interest rates quickly to slow inflation which remains far too…