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Gucci CEO sees 2021 sales in line with 2019, perhaps a little higher
PARIS (Reuters) - Kering's top brand Gucci expects 2021 revenues to be in line or "a little higher" than their 2019, pre-pandemic level, the label's chief executive Marco Bizzarri said on Tuesday. Biz...
Syndicated Content Nov 16, 2021
Bouygues profit tops estimates, returns to pre-pandemic levels
(Reuters) - France's Bouygues reported on Tuesday nine-month core profit that beat forecasts, lifted by a strong performance in its broadcast business TF1 and construction arm Colas and customer gains...
Syndicated Content Nov 16, 2021
Column: Funds pause record selling of 10-year Treasuries
By Jamie McGeever ORLANDO, Fla. (Reuters) - Hedge funds paused their relentless selling of 10-year Treasuries futures ahead of last week's U.S. consumer price data, but the spike in annual inflation t...
Syndicated Content Nov 16, 2021
Upmarket toaster maker Balmuda launches smartphone in iPhone-dominated Japan
By Sam Nussey TOKYO (Reuters) - High-end Japanese toaster maker Balmuda Inc unveiled a stripped back smartphone on Tuesday, aiming for a toe-hold in a market dominated by Apple's iPhone. Chief Executi...
Syndicated Content Nov 16, 2021
Wagamama-owner raises profit outlook as airport footfall grows
(Reuters) - Restaurant Group on Tuesday raised its profit outlook for 2021 as a minor increase in passenger demand at UK airports led to a partial recovery in sales, sending the Wagamama-owner's share...
Syndicated Content Nov 16, 2021
Global investors ending 2021 ‘risk-on’ – BofA
MILAN (Reuters) - Investors are heading towards the end of the year in a "risk-on" mood, having reduced cash allocations and lifted their overweight position on U.S. stocks to the highest since August...
Syndicated Content Nov 16, 2021
Analysis-China’s real estate woes sap property investment products
By Samuel Shen and Vidya Ranganathan SHANGHAI (Reuters) - Chinese investors are abandoning an age-old attachment to property investment products and seeking returns in equities and other corners of th...
Syndicated Content Nov 16, 2021
European stocks notch all-time highs on earnings, Xi-Biden boost
(Reuters) - Several European indexes hit record highs on Tuesday, boosted by signs of easing U.S.-China tensions, strong earnings, and dovish statements from the European Central Bank chief. The pan-E...
Syndicated Content Nov 16, 2021
Factbox-Wall Street analysts’ 2022 outlook for S&P 500
(Reuters) - Research analysts of global banks have begun to roll out their predictions for the U.S. equity markets for 2022. The S&P 500 index has risen nearly 25% so far. The index closed at 3,372.85...
Syndicated Content Nov 16, 2021
Honda Motor asks parts suppliers to reduce carbon emissions, Nikkei reports
TOKYO (Reuters) -Honda Motor has asked its main parts suppliers to reduce carbon emissions annually by 4% versus 2019 levels, the Nikkei daily reported on Tuesday. The Japanese carmaker aims to start ...
Syndicated Content Nov 16, 2021
Peoria, IL, USA
40 °F Heavy Rain, Mist
