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Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
Shares in Gucci-owner Kering fell on Thursday, after the luxury group announced a sharp decline in revenue in the first half of the year and issued…
Auto giant Stellantis on Thursday reported a steep drop in first-half net profit, citing reduced volumes, temporary production gaps and lower market share in North America.The…
Fe deral Agency Regulations on Ambiguous Laws No Longer Get Deference A recent Supreme Court case will change the dynamic of key aspects of tax planning,…
It’s a familiar tale in the aviation industry: A black swan event hits all airlines causing massive flight cancellations. But as many begin to recover, one…
Shares in the world’s largest luxury group LVMH fell on Wednesday after its second-quarter sales came in below analyst consensus on Tuesday.Quarterly sales came in at…
Deutsche Bank on Wednesday snapped a 15-quarter profit streak with a narrower-than-expected loss, as it made a provision for an ongoing lawsuit over its Postbank division.Net…
A frequent question I hear from people getting ready to enroll in Medicare is: What is the biggest mistake people make? There are too many question…
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. In case recent events — an…
Shares in automaker Porsche fell on Tuesday after the company cut its 2024 outlook, saying various suppliers were affected by a shortage of special aluminium alloys.Porsche…
Wiz has walked away from a $23 billion deal to be acquired by Google, in what would have been the search giant’s largest-ever acquisition, telling employees…