By Jamie McGeever ORLANDO, Florida (Reuters) -The tech-induced selloff across global stocks accelerated on Tuesday and soft U.S. labor market…
Kering must downsize, reduce Gucci exposure and chase synergies, CEO de Meo says in memo
By Tassilo Hummel PARIS (Reuters) -Kering’s return to growth will require reducing its reliance on struggling flagship Gucci, further scaling…
Trump says he has ‘nothing to do with the family business’
WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday that he has nothing to do with his family business as…
Gulf bourses track global selloff as Fed rate cut hopes fade
By Md Manzer Hussain (Reuters) -Most Gulf stock markets slipped on Tuesday, tracking declines in global equities as diminishing odds…
Trump’s coffee tariff change helps US roasters, hurts Brazil
By Marcelo Teixeira, Roberto Samora and Oliver Griffin NEW YORK (Reuters) -The Trump administration’s decision to eliminate tariffs on most…
GMI Cloud to build $500 million AI data centre in Taiwan with Nvidia chips
By Wen-Yee Lee TAIPEI (Reuters) -U.S.-based cloud services provider GMI Cloud said on Monday it will build a $500 million…
Amazon to raise $15 billion from US bond sale, Bloomberg News reports
(Reuters) -Amazon is set to raise $15 billion from its first U.S. dollar bond offering in three years, Bloomberg News…
Home Depot, Lowe’s earnings to gauge recovery in home-improvement spending
By Savyata Mishra (Reuters) -Home Depot and Lowe’s are set to post modest sales gains when they report quarterly results…
Goldman Sachs sees continued central bank gold buying in November
(Reuters) -Central banks likely bought large amounts of gold in November in a multi-year trend to diversify reserves to hedge…
Texas judge defers ruling on Kenvue dividend
(Reuters) -A Texas judge on Friday deferred ruling on state Attorney General Ken Paxton’s bid to temporarily block Kenvue from…