Kering SA, the French luxury conglomerate and parent company of Gucci, is in advanced discussions to sell its beauty division to L’Oréal in a deal that could value the unit…
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This week brought a mix of political stalemate, global diplomacy, and market unease as Washington remained mired in a prolonged government shutdown, President Donald Trump took a victory lap over…
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MILAN — Giorgio Armani has appointed deputy managing director Giuseppe Marsocci as chief executive with immediate effect, the Italian fashion house said on Thursday, confirming media reports. Marsocci, who has…
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HDFC Bank Ltd., India’s largest private sector lender, reported a stronger-than-expected profit for the September quarter, supported by steady loan growth and improving asset quality, even as pressure on margins…
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ICICI Bank Ltd., India’s second-largest private sector lender, posted a stronger-than-expected profit for the September quarter, buoyed by robust loan growth and improving asset quality. The Mumbai-based bank’s performance highlights…
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Japan’s three largest financial groups — Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMBC), and Mizuho Financial Group — are joining forces to issue a stablecoin pegged to…
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Stock
US stocks open mostly flat as credit concerns, trade tensions weigh on sentiment
by adminby adminThe Dow Jones Industrial Average was essentially flat on Friday as traders sought to move past credit concerns that triggered a sharp sell-off in regional banks on Thursday. The index…
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LendingTree CEO and founder Doug Lebda died in an all-terrain vehicle accident over the weekend, the online loaning platform said Monday. In a company announcement, LendingTree confirmed that Lebda unexpectedly…