Category Archives:
Adidas and Puma bet on ‘terrace’ sneaker trend in tough market
By Helen Reid and Linda Pasquini LONDON (Reuters) - The trend for low-rise rubber-soled "terrace" sneakers could give Adidas and Puma an advantage over Nike this summer, but may not offset weakening U...
Jul 25, 2023
Remy Cointreau confident on H2 rebound after weak start to year
PARIS (Reuters) - French spirits group Remy Cointreau on Tuesday reported a fall in first-quarter organic sales, reflecting weaker U.S. demand, high year-ago comparables and destocking, and said it wa...
Jul 25, 2023
French company Thales to buy US Imperva in deal worth $3.6 billion
PARIS (Reuters) -French defence electronics and cybersecurity company Thales said on Tuesday it had agreed to buy U.S. cybersecurity company Imperva in a deal worth $3.6 billion on an enterprise value...
Jul 25, 2023
Cryptoverse: Ripple effect as explosive XRP leads market charge
By Medha Singh and Lisa Pauline Mattackal XRP has become the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out of the doldrums. The price of XRP popped 78% aft...
Jul 25, 2023
Nestle, Danone hikes may put them on France’s inflation radar
By Richa Naidu LONDON (Reuters) - Nestle and Danone are among firms whose product prices in France have risen by more than 10% this year, data shows, potentially putting them under pressure to renegot...
Jul 25, 2023
Climate change role in July heatwaves ‘overwhelming’, scientists say
By David Stanway SINGAPORE (Reuters) - Human-induced climate change has played an "absolutely overwhelming" role in the extreme heatwaves that have swept across North America, Europe and China this mo...
Jul 25, 2023
Analysis-Sensing end of Fed hikes, some investors return to dividend stocks
By David Randall NEW YORK (Reuters) - Some investors are giving the shares of dividend-rich companies a second look as expectations grow that the Federal Reserve is nearing the end of a rate-hiking cy...
Jul 25, 2023
Australia’s Wesfarmers to merge discount stores Kmart and Target
(Reuters) - Australian retail conglomerate Wesfarmers said on Tuesday it will merge the business units of its budget department store Kmart and discount retailer Target as the group attempts to reduce...
Jul 24, 2023
Marketmind: Earnings, China hold spotlight ahead of big rates decisions
A look at the day ahead in European and global markets from Tom Westbrook Earnings and hope for a turning in China's markets are the prelude to this week's big central bank decisions. Microsoft, Googl...
Jul 24, 2023
S&P lowers Bangladesh’s outlook to negative from stable
(Reuters) - S&P Global Ratings on Tuesday lowered Bangladesh's outlook to negative from stable, citing risks its external liquidity position could deteriorate in the next year, while foreign exchange ...
Jul 24, 2023
Peoria, IL, USA
45 °F Sunny
