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European stocks fall as Kering, ASML’s downbeat results weigh
(Reuters) - European shares inched lower on Wednesday as underwhelming earnings reports from French luxury group Kering and Dutch semiconductor company ASML overshadowed strong results from Nestle and...
Syndicated Content Oct 20, 2021
Kering shares fall after Asia curbs sales growth at Kering’s fashion brand Gucci
PARIS (Reuters) - Shares in French luxury goods company Kering fell sharply on Wednesday, after Kering's star fashion brand Gucci grew sales by just 3.8% in the third quarter, missing analyst expectat...
Syndicated Content Oct 20, 2021
Marketmind: Margin pressures
LONDON (Reuters) - A look at the day ahead from Sujata Rao. Margin pressures for companies and higher prices for shoppers: That's the message so far from the earnings season. Just a few examples -- Pr...
Syndicated Content Oct 20, 2021
UK’s Kwarteng confident that inflation will be contained
LONDON (Reuters) - British Business Secretary Kwasi Kwarteng said on Wednesday he expected inflation to be contained but said it was a "real cause of some concern". "I think it's a real cause of some ...
Syndicated Content Oct 20, 2021
Explainer: What is the “metaverse”?
LONDON (Reuters) - Facebook Inc, under fire from regulators and lawmakers over its business practices, is planning to rebrand itself https://www.reuters.com/technology/facebook-plans-change-its-name-v...
Syndicated Content Oct 20, 2021
THG founder Moulding foregoes pledge of shares under loan facility
By Abhinav Ramnarayan LONDON (Reuters) -Online beauty products retailer and tech group THG has received a notification from founder Matthew Moulding and his wife Jodie that they are foregoing a pledge...
Syndicated Content Oct 20, 2021
Gates Foundation allots $120 million for poor nations to get COVID-19 drug
(Reuters) - The Gates Foundation will allocate up to $120 million to help lower-income countries get an experimental COVID-19 drug being developed by U.S. drugmaker Merck & Co Inc in the battle agains...
Syndicated Content Oct 20, 2021
Burberry names Versace boss Akeroyd as new CEO
LONDON (Reuters) -British fashion house Burberry named Jonathan Akeroyd as its new chief executive officer from next April, appointing the current boss of Milan-based Gianni Versace and former Alexand...
Syndicated Content Oct 20, 2021
Deliveroo upgrades full-year forecast after strong third quarter
LONDON (Reuters) -Food delivery company Deliveroo upgraded its full-year growth forecast on Wednesday after the gross value of its orders in the third quarter increased 58% year-on-year, despite lockd...
Syndicated Content Oct 20, 2021
UK inflation declines unexpectedly in September – ONS
LONDON (Reuters) -British inflation slowed unexpectedly last month but the decline probably marked a temporary respite for consumers and the Bank of England is expected to address the acceleration by ...
Syndicated Content Oct 20, 2021
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
