Categories

Archive

European shares break four-day losing streak on Fed Powell’s dovish remarks

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 4, 2019. REUTERS/Staff (Reuters) – European shares rose on Thursday, breaking a four-day losing streak, after U.S. Federal Reserve Chair Jerome Read more ›

UBS loses role in bond deal for Chinese firm on outcry over pig comment

HONG KONG (Reuters) – UBS has lost a lead role on a U.S. dollar bond deal for state-backed China Railway Construction Corp, just days after a Chinese outcry over a senior UBS economist’s use of “pig” in connection with Chinese Read more ›

Hip hop best bet for a cheese that will please: Swiss study

Exposing cheese to round-the-clock music could give it more flavor and hip hop might be better than Mozart, Swiss researchers said on Thursday. Source link

Versace sale turns up heat on fashion’s independent outliers

PARIS (Reuters) – Michael Kors’ (KORS.N) swoop on Versace leaves a shrinking universe of fashion brands determined to go it alone and fend off luxury empire builders, raising the pressure on those struggling financially to lift sales or sell out. Read more ›

Column: Hedge funds, smelling Brexit blood, circle sterling

LONDON (Reuters) – Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. FILE Read more ›

Walmart, Sam’s Club to put food products on blockchain

(Reuters) – Walmart and its unit Sam’s Club said on Monday leafy greens suppliers will be asked to implement real-time, farm-to-store tracking using blockchain technology by next September, as the retailer tackles food-safety incidents. FILE PHOTO: A Walmart store is Read more ›

COLUMN-Central banks straightjacketed by sheer scale of U.S. bond holdings: McGeever

(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever LONDON, Sept 21 (Reuters) – Few have flexed their muscles in the U.S. bond market over the last 15 years quite like foreign central Read more ›

Nestle to examine ‘strategic options’ for skin health unit

ZURICH (Reuters) – Nestle (NESN.S) said on Thursday it was exploring strategic options for its skin health business, saying it believes the unit might be better off outside of the Swiss food maker. FILE PHOTO: The Nestle logo is seen Read more ›