Luxury goods group Hermes delivers record 2016 profit margin Luxury goods group Hermes delivers record 2016 profit margin:- French luxury goods group Hermes (HRMS.PA) said on Wednesday it was starting 2017 on a solid footing after delivering record 2016 profits, providing further evidence of a broader recovery in the luxury […]
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No matador in sight as bull market in U.S. stocks turns 8 No matador in sight as bull market in U.S. stocks turns 8:- The run of gains on Wall Street turns 8 years old on Thursday and, despite its advanced age, is expected to rage on, with perhaps a […]
Mexico cranks up antitrust rules against Slim America Movil Mexico cranks up antitrust rules against Slim America Movil:- Billionaire Carlos Slim's America Movil said on Wednesday that the Mexican telecommunications regulator had stepped up antitrust rules against the company, including ordering it to separate out part of its fixed-line infrastructure. America […]
Electronics store RadioShack files for bankruptcy again U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp. The Chapter 11 filing comes after RadioShack, owned […]
Dollar firm in Asia, resource shares on the run Dollar firm in Asia, resource shares on the run:- The dollar stood firm in Asia on Thursday and bond yields spiked after super-strong U.S. jobs data made a rate hike a near certainty, while oil struggled to find its footing after […]
China February factory growth beats expectations as global demand improves China February factory growth beats expectations as global demand improves:- China's factory activity expanded faster than expected in February as domestic and export demand picked up, adding to signs that the global economy is regaining momentum even as fears grow of […]
Japan will tell United States to respect WTO rules Japan will tell United States to respect WTO rules:- Japan will tell the United States in their economic talks that any border tax the U.S. government imposes on imports should not break World Trade Organization rules, an adviser to Prime Minister […]
Asian factories pick up steam in shadow of Trump protectionist threat Asian factories pick up steam in shadow of Trump protectionist threat:- Asian factories extended a global manufacturing revival as activity picked up steam in February, though the outlook for many of the region's export-reliant economies remained uncertain in the […]
