Keyword "CYCP" - List of latest news (1 704 results)

08:17 Exclusive: China EV giant BYD reboots Europe operations after strategic stumbles, sources say

China's leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up enough dealers and hire executives with local-market knowledge and to offer hybrids in markets resistant to fully electric vehicles, six current and former BYD executives said.

21:53 Breakingviews - Crafty CEOs peek around tariff corners

There are many reasons to dump U.S. stocks, but even in bad markets there are good opportunities. In these trade-ravaged times, some companies have positioned themselves, relatively speaking, to ride out the turmoil, for a while at least.

22/04 In Dubai's Gold Souk, bullion's record run brings little joy for jewellers

In the bustling Gold Souk in Dubai, dubbed the "City of Gold", 22-karat gold jewellery is a traditional favourite for weddings, religious celebrations, and as a family investment.

22/04 China's Nio delays Europe launch of Firefly EV to third quarter

China's Nio said on Tuesday it would launch its Firefly electric vehicle in Europe in the third quarter, later than initially forecast, after it underestimated challenges involved in sales and service network expansions in the region.

22/04 Exclusive: LG, Samsung sue Indian government over electronic-waste pricing policy

South Korea's LG and Samsung have sued India's government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major companies in contesting the country's environmental rules citing business impact.

21/04 Nintendo faces trade war test with Switch 2 launch

Nintendo's Switch became a source of much-needed escapism during pandemic restrictions. Now, the Japanese video game company faces the harsh reality of a brutal trade war as it launches its successor device.

18/04 New 'Star Wars' movie with Ryan Gosling set for 2027

Oscar-nominated actor Ryan Gosling will star in a new "Star Wars" film that will reach movie theaters in May 2027, Walt Disney's Lucasfilm announced on Thursday.

18/04 LVMH's Arnault lashes out at Brussels over US trade tensions

European governments urgently need to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO Bernard Arnault said on Thursday, adding it would be "Brussels' fault" if no solution is found.

17/04 Russian barriers to re-entry stymie prospects of Western companies' return

Three months after U.S. President Donald Trump returned to the White House promising a swift end to the conflict in Ukraine and sparking an early flurry of excitement that Western companies could come flooding back to Russia, realism has set in.

17/04 LVMH shareholders agree Bernard Arnault can remain CEO until he is 85

LVMH shareholders on Thursday voted to allow Bernard Arnault, 76, to remain at the helm of the world's largest luxury group until he's 85.

17/04 Jonathan Anderson will create June collection for Dior Men's Fashion, LVMH CEO says

Jonathan Anderson will create the June collection for Dior Men's Fashion, LVMH CEO Bernard Arnault said on Thursday at the group's annual meeting with shareholders.

17/04 Hermes will raise U.S. prices to fully offset Trump's tariffs, company says

France's Hermes will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it posted first-quarter sales that slightly missed market expectations.

17/04 Cut shifts or ramp up output? Vietnam's exporters face dilemma amid tariff chaos

There has been a chaotic reaction by exporters in the Southeast Asian industrial hub.

17/04 Breakingviews - Tariffs gone wild yield unbridled earnings outlook

For corporate bean counters, foolish consistency may prove the hobgoblin of little minds. President Donald Trump’s on-again-off-again, tit-for-tat tariff agenda is causing havoc in the C-suite as companies struggle to both evaluate and communicate the damage to the bottom line. With so much up in the air, though, they can probably relax: from Walmart to Delta Air Lines , the ordinarily delicate sc

17/04 Cambodia eyes more China help as Xi visits amid US tariff tensions

Cambodia is betting on more financial support from China, including for infrastructure, as President Xi Jinping visits the country on Thursday at the end of a three-nation trip in Southeast Asia, a Cambodian government spokesman said.

16/04 Trump's trade war ripples through the business world, hits stocks again

The ripple effects of Donald Trump's global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on U.S. stock markets that have been roiled for weeks by his erratic trade policies.

16/04 WTO slashes 2025 trade growth forecast, warns of deeper slump

The World Trade Organization sharply cut its forecast for global merchandise trade from solid growth to a decline on Wednesday, saying further U.S. tariffs and spillover effects could lead to the heaviest slump since the height of the COVID pandemic.

16/04 Britain's boaters say water-dwelling is becoming unaffordable

The roughly 35,000 people for whom the waterways of England and Wales are home are worried that what has long been a low-cost alternative to living on solid ground is being made unaffordable by government spending cuts and inflation.

16/04 Dior shows fall fashion collection in gardens of ancient Kyoto temple

Dior creative director Maria Grazia Chiuri showed her fall fashion collection of loose, minimalist styles in the garden of the Toji Temple in Kyoto on Tuesday night.

16/04 Forever 21 creditors face large losses under bankruptcy plan

Suppliers, vendors and other unsecured creditors of Forever 21 are "getting smoked" under a restructuring plan that envisions paltry recoveries on debts owed by the bankrupt fast fashion retailer, a lawyer for the company's unsecured creditors said on Tuesday.

15/04 At China's largest trade fair, exporters say US markets are 'frozen'

Candice Li says that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for the medical devices her firm is making have vanished.

15/04 LVMH shares slump after luxury giant's Q1 sales miss forecast

LVMH shares sank on Tuesday after the world's largest luxury group posted first quarter revenue that undershot expectations as U.S. shoppers curtailed the purchase of beauty products and cognac while sales in China remained weak.

15/04 Breakingviews - LVMH’s opaque succession merits investor discount

Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion French luxury giant. Shareholders will this week vote on whether to raise the age limit for both roles to 85. While Arnault’s age is not necessarily a problem for investors, the lack of clarity about who

14/04 LVMH misses sales forecast as core business slumps in first quarter

LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in China stayed weak, the world's largest luxury group said on Monday.

14/04 Breakingviews - Wall Street homilies are no match for trade chaos

The market wreckage strewn by President Donald Trump’s trade war is uniquely driven by minute-by-minute policy whims. A trader riding out the tempest might look to the simple aphorisms passed down as time-tested investment wisdom for guidance. With trillions of dollars resting on as little as social-media posts, that would be a mistake.

14/04 Gloom in Barbieland as Trump tariffs drive up costs

Surrounded by hundreds of Barbies at her home in the northern Spanish port of Gijon, TikTok influencer and collector Noemi de Lama has shared the news with her followers that U.S. tariffs are likely to drive up the price of their favourite dolls.

14/04 Indian fugitive accused in nearly $2 bln bank fraud arrested in Belgium, source says

Indian fugitive Mehul Choksi, the jeweller accused of being involved in an alleged fraud of nearly $2 billion against Punjab National Bank in 2018, has been arrested in Belgium, a source with India's Enforcement Directorate told Reuters.

12/04 That seat will cost how much? US businesses already seeing impact of Trump tariffs

Business owners provide an early idea of what many more Americans might expect.

12/04 What Samsung and Vietnam stand to lose in Trump's tariff war

Samsung would face significant hit from US tariffs on Vietnam.

11/04 German Birkenstocks, beer, and Riesling wine caught in US tariff crosshairs

In the Barbie movie, the iconic doll faces a pivotal decision: opt for her trademark but impractical sky-high stilettos or embrace the down-to-earth comfort of the quintessentially German Birkenstock sandal?

11/04 Trump's tariff pause brings little relief as recession risk lingers

A week of turmoil unleashed by U.S. President Donald Trump's tariffs showed little sign of easing on Friday, with markets again tumbling and foreign leaders trying to work out how to respond to a dismantling of the world trade order.

10/04 Trump tariff pause leaves CEOs asking: What happens in 90 days?

U.S. President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.

10/04 Prada buys Versace to create Italian fashion powerhouse

Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, in a move that unites two of the biggest names in Italian fashion.

10/04 Insight: LVMH finds making Louis Vuitton bags messy in Texas

Six years ago, LVMH's billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world’s best-known luxury brands.

10/04 Trump U-turns on tariffs but keeps trade war heat on China

Trump's turnabout, which came less than 24 hours after steep new tariffs kicked in on most trading partners, followed the most intense episode of financial market volatility since the early days of the COVID-19 pandemic.

10/04 What's in Trump's partial tariff pause

U.S. President Donald Trump on Wednesday abruptly paused part of his tariff assault on global trading partners, dialing back duty rates on goods from many countries for 90 days to allow room to negotiate lower trade barriers, even as he hiked new tariffs on Chinese goods to 125%.

09/04 From juice to jewellery: which U.S. goods will EU hit with tariffs?

The European Union will launch countermeasures from next Tuesday against U.S. President Donald Trump’s steel and aluminium tariffs with extra duties on 21 billion euros ($23 billion) of U.S. imports.

09/04 US 30-year mortgage rate dropped last week, applications surged

The interest rate for the most popular U.S. home loan dropped to 6.61% last week, the lowest rate since October, giving a boost to mortgage applications even as global stocks tumbled in the wake of President Donald Trump's decision to impose sweeping tariffs on trading partners the world over.

09/04 Has Trump cancelled Christmas? China's decorations makers report no US orders

Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven't.

09/04 In China, whispers of change as some companies tell staff to work less

A handful of major Chinese companies like home appliance maker Midea have new badges of honour this year: mandatory clock-off times for staff and bans on after-hours meetings.

08/04 US wine sellers worry as Trump tariffs set to hit Wednesday

Adam Williams, 57, owner of Ansley Wine Merchants in Atlanta, said he was bracing for the worst on Wednesday, as President Donald Trump's tariffs are set to kick in, which will spike costs of the imported wines and liquors he sells.

08/04 Retail tycoon Philip Green loses human rights case against UK

British retail tycoon Philip Green on Tuesday lost a legal case against the United Kingdom over the use of parliamentary privilege, which was invoked to publicly name him in 2018 as facing allegations of sexual harassment.

08/04 Levi Strauss maintains annual forecast, shares surge more than 7%

Levi Strauss maintained on Monday its annual forecast for sales and profit, excluding the impact of tariffs, and posted quarterly profit ahead of Wall Street targets, sending its shares up more than 7% in after hours trade.

08/04 Clothing retailers delay orders, freeze hiring as tariffs hit

Clothing and accessories retailers across the United States are delaying orders and freezing hiring ahead of tariff hikes that take effect Wednesday on products imported from Vietnam and China.

08/04 'It's like throwing darts blindfolded'; tariffs take toll on Chinese exporters

Chinese manufacturers of goods from tableware to flooring are flagging profit warnings, scrambling to plan new overseas plants or accelerate offshore projects, while haggling with customers over prices as they reel from President Donald Trump's tariffs.

07/04 Singapore invokes foreign interference law against property tycoon's family

Singapore will designate four members of the family behind Hong Kong property developer Sino Group as "politically significant persons" over their ties to a Chinese parliamentary advisory body, its home affairs ministry said on Monday.

07/04 European stocks' stellar start to 2025 snuffed out as tariffs cloud Q1 earnings

European equities' impressive start to 2025 has been obliterated in three sessions of heavy selling, while executives tot up the potential impact of U.S. tariffs on supply chains, possibly forcing them to ditch previous financial predictions.

06/04 Prada to make a decision on Versace deal this week, source says

Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the matter said on Sunday, as the negotiations enter a final phase.

05/04 Protesters rally across Spain against housing crisis, tourist flats

Hundreds of thousands marched across 40 Spanish cities on Saturday to protest against soaring rents and a lack of affordable homes in a country that enjoys Europe's fastest economic growth and yet suffers from a severe housing shortage exacerbated by a tourism boom.

05/04 China says 'market has spoken' after US tariffs spark selloff

China said on Saturday "the market has spoken" in rejecting U.S. President Donald Trump's tariffs, and called on Washington for "equal-footed consultation" after global markets' dramatic reaction to the trade levies, which drew Chinese retaliation.

05/04 Nintendo delays Switch 2 pre-orders in US on tariff uncertainty

Nintendo said it is delaying the start of pre-orders for the Switch 2 gaming device in the United States as it examines the potential impact of tariffs.

04/04 Hollywood eyes summer with anticipation, 50 years after 'Jaws'

A half-century ago, in June 1975, "Jaws" swam into theaters, gave audiences a good scare and rewrote movie history.

04/04 Delivery boom draws Russians to courier jobs in search of extra cash

Elena and Viktor's apartment is packed with large, colourful rucksacks and the two bicycles they call their "iron horses". They have quit their regular jobs, seeking better pay and more flexible hours to work full time as delivery couriers.

03/04 Wall Street ends with heavy losses on fears Trump tariffs will trigger recession

Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.

03/04 Trump's highest tariff will kill tiny African kingdom of Lesotho, economist says

A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S. President Donald Trump's long list of target economies, will kill the tiny Southern African kingdom that Trump ridiculed last month, an economic analyst there said on Thursday.

03/04 Trump tariffs set stage for wave of profit warnings

U.S. businesses have talked a lot about tariffs in the past few months, but very few modeled for them in their earnings outlooks. With President Donald Trump's multi-front trade war now in full effect, investors and analysts expect a barrage of corporate profit warnings in the coming weeks that could jolt the stock market.

03/04 Shares in Nike, Adidas and Puma slide as tariffs hit Asian sourcing hubs

Shares in Nike , Adidas and Puma dropped sharply on Thursday after U.S. President Donald Trump imposed a raft of new tariffs, including on Vietnam, Indonesia, and China, key sourcing markets for the sportswear companies.

03/04 US tech, retail stocks lead rout after tariff shock

The global stock market carnage that followed U.S. President Donald Trump's sweeping new tariffs rippled through early trading in the United States, slamming a wide swath of key industries including retail and technology firms.

03/04 Southeast Asia nations, hit particularly hard by US tariffs, prep for talks with Trump

Vietnam's government said on Thursday it would set up a task force and other Southeast Asian nations said they plan to seek talks with Washington as they reel from being hit with some of U.S. President Donald Trump's heftiest tariffs.

03/04 With US tariffs, India's jewellery exports set for sharp decline

India's $32 billion gems and jewellery industry is bracing for a sharp fall in exports as hefty U.S. tariffs will impede overseas sales to its biggest market, industry officials said.

03/04 South Korea's acting President orders emergency measures over US tariffs

South Korea's acting President Han Duck-soo ordered emergency support measures for businesses that will be impacted by the imposition of U.S. tariffs, including automobiles, the industry ministry said on Thursday.

03/04 Trump tariffs: Companies grapple with a new reality 

Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust - but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers.

03/04 French wine, spirits sales in US expected to fall 20% after tariff announcement

Sales of French wine and spirits are expected to slide at least 20% in the United States after U.S. President Donald Trump announced reciprocal tariffs, the French wine and spirits exporters group FEVS said on Wednesday.

02/04 Exclusive: DOGE official at DOJ bragged about hacking, distributing pirated software

The official, who has worked under Elon Musk at his other companies, also boasted of distributing pirated software.

02/04 Nintendo to reveal Switch 2 details with pricing, launch date in focus

Nintendo is set to reveal details of its Switch 2 on Wednesday with investors looking for the pricing and launch date of the successor to the home-portable Switch gaming device.

02/04 Cinema group pushes for movies to stay in theaters longer

Movie theater owners are making a new push to keep films in cinemas for a longer period before they are available for audiences to watch at home.

01/04 US tariffs on Vietnam would be a blow to Nike and other sportswear brands

Nike could soon face another blow in its effort to revive its brand and reverse a long decline in sales: U.S. tariffs on imports from Vietnam.

01/04 Couche-Tard, 7-Eleven face early hurdle on store divestiture plan

Convenience store chain giants Couche-Tard and Seven & i , who are taking steps to divest thousands of stores they collectively own in North America to ease regulatory concerns ahead of a potential merger, are faced with an early test for the plan - attracting rival suitors for the stores.

01/04 Sony reveals cast for four 'bingeable' movies about The Beatles

Sony Pictures said its big-screen story about The Beatles will be told through four films released in April 2028, each from the perspective of one of the Fab Four.

31/03 Volvo goes back to car industry basics with surprise CEO switch

Volvo Car's abrupt decision to tap Hakan Samuelsson as its CEO puts the car industry veteran back in charge of steering the automaker through U.S. President Donald Trump's tariff turbulence and a wobbly transition to electric cars, analysts and investors said.

31/03 UK's Primark boss Paul Marchant resigns after 'error of judgement'

Associated British Foods said the boss of its Primark clothing business, Paul Marchant, had resigned with immediate effect following an allegation made by an individual about his behaviour towards her in a social environment.

31/03 Housing dream turned nightmare weighs on Australian voters ahead of national election

On Sydney's urban fringe, a perfect storm of living cost and geopolitical pressures is brewing for Australia's Prime Minister Anthony Albanese and the electoral chances of his centre-left Labor government.

28/03 Unipol targets higher profits, dividends in new plan

Italian financial group Unipol aims to make a total net profit of 3.8 billion euros ($4.1 billion) over the next three years as it invests in technology and bancassurance to bolster its core insurance business.

27/03 Splash! New London exhibition dives into a century of swimming

From an Olympic gold medal to Pamela Anderson's "Baywatch" red bathing suit, a new exhibition dedicated to all things swimming opens at London's Design Museum this week.

27/03 Chasing cherry blossoms on an old steam train in Taiwan

Nearly a hundred passengers hopped aboard an old steam train in Taiwan this week, as the annual cherry blossom season entered full swing in the island's scenic mountains.

27/03 Next CEO's billion pound milestone stirs succession concern

British clothing retailer Next joined the one billion-pound profit club on Thursday, but while investors celebrate, they are also starting to worry about the lack of a clear succession plan for its star CEO of 24 years Simon Wolfson.

27/03 H&M reports sluggish start to spring sales

H&M's sales were up just 1% in March after a weaker than expected first quarter, the Swedish fast-fashion retailer reported on Thursday, in a sign of a slow start to its spring and summer season.

27/03 Front-loading ahead of tariffs boosts US durable goods orders

Orders for long-lasting U.S. manufactured goods unexpectedly rose in February as businesses rushed to avoid potential price increases from tariffs, likely boosting capital expenditure in the first quarter.

25/03 Trump policy swerves spur Europe into action, but any 'Europhoria' may be premature

Trump's threats on tariffs and questioning of America's future security role in Europe have drawn an energetic response, perhaps best symbolised by Germany's plans to spend hundreds of billions of euros on defence and infrastructure.

24/03 After the gold rush: Asian, Mid-East sellers flood jewellery market

As gold prices jump to successive highs, jewellers across Asia and the Middle East are grappling with displays losing their sparkle as customers race to cash in their old jewellery and coins.

23/03 Mariah Carey wins copyright lawsuit over 'All I Want for Christmas Is You'

Pop singer Mariah Carey defeated a lawsuit claiming she illegally copied elements of her holiday megahit "All I Want for Christmas Is You" from a country song of the same name.

09/03 Victoria Beckham shows curled hems and collars at Paris Fashion Week

Victoria Beckham showed a line-up of sleek, monochrome looks featuring curled hems and collars for her fall/winter catwalk outing, held in a stripped down building in the centre of Paris.

09/03 Hermes shows slick leather ensembles on dirt runway at Paris Fashion Week

Hermes designer Nadege Vanhee presented a fall-winter 2025 collection of glossy coats, dresses and trousers in dark-coloured leather on Saturday, showing the sleek styles on a dirt-covered runway in Paris.

08/03 France's former spy chief found guilty of using public resources to aid LVMH

A Paris court found the former head of France's domestic security services, Bernard Squarcini, guilty on Friday of using public resources to benefit LVMH, in a trial that shed light on efforts by the world's biggest luxury group to protect its reputation.

08/03 COVID-19 shut us down five years ago. Here's how its economic impact continues

Five years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy.

07/03 US pushes India to lower tariffs, buy more defence products for fair new deal

India needs to buy more defence products and lower its tariffs on U.S. products for the two countries to be able to sign a "grand" bilateral deal, U.S. Commerce Secretary Howard Lutnick told India Today television on Friday.

06/03 More words than deeds from China on consumption keep deflation in play

Analysts said this indicated Beijing's reluctance to take a sharper turn in changing the growth model away from investment and manufacturing exports.

05/03 US eyes zero tariff on cars in India trade deal as Tesla entry nears, sources say

The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations, but New Delhi is reluctant to immediately bring down such duties to zero even as it considers further cuts, sources told Reuters.

05/03 Sony, Suntory build U.S. stockpiles as Japan faces Trump tariff threat

Japanese electronics giant Sony and drinks maker Suntory are stockpiling inventory in the United States while their peers shift production or supply chains in efforts to fend off an evolving threat of U.S. tariffs on the export-reliant economy.

04/03 Ross Stores forecasts annual sales, profit below estimates on weaker demand

Discount retailer Ross Stores forecast annual sales and profit below estimates on Tuesday, joining its larger peers in indicating a dip in consumer demand due to rising inflationary pressures.

04/03 US autos, homebuilders, materials take hits as Trump trade war kicks off

Shares of U.S. companies have come under pressure from the latest escalation in Washington's trade war, with the newest tariffs on Canada and Mexico expected to hit earnings in several sectors, including automakers, retailers and raw materials.

04/03 China bans imports of Illumina's gene sequencers right after Trump tariff action

China announced a ban on Tuesday on imports of genetic sequencers from U.S. medical equipment maker Illumina , just minutes after U.S. President Donald Trump's additional 10% tariff on Chinese goods took effect.

24/01 Portugal to assign more land for affordable housing as prices soar

Portugal's parliament on Friday approved a bill allowing rural land to be more easily reclassified for urban use and allocated to affordable housing, one of the government's key proposals to curb a worsening housing crisis.

24/01 US existing home sales rise in December; house prices hit record high in 2024

U.S. existing home sales increased to a 10-month high in December, but further gains are likely to be limited by elevated mortgage rates and house prices, which are keeping many prospective buyers on the sidelines.

24/01 Louvre Museum adds haute couture to high antiquity

The Louvre, the world's most-visited museum, is for first time displaying haute couture gowns and accessories from fashion houses, including Chanel, Saint Laurent and Dior, next to decorative arts from Ancient Greece to France’s Second Empire.

24/01 Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US

Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton from approved regions, which do not include China, for products it sells in the United States, its biggest market, the company said on Friday.

24/01 Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved

A look at the day ahead in U.S. and global markets from Mike Dolan

24/01 China readies for Lunar New Year, amid worries about the economy

Travellers thronged railway stations and airports on Friday, clutching large suitcases and gifts such as boxes of fruit as they joined millions of Chinese returning to their hometowns to celebrate the Lunar New Year festival with family.

24/01 Burberry gets holiday boost thanks to American shoppers

Burberry reported a smaller than expected 4% drop in quarterly comparable store sales on Friday, helped by a stronger holiday season in the United States, an encouraging step in the British luxury brand's turnaround efforts.

24/01 European earnings may keep the mood sweet as tariff fears grow

European companies are set to deliver a third straight quarter of profit growth, which may help to maintain newfound investor enthusiasm for the region despite political and economic turmoil and concerns over U.S. President Donald Trump's tariffs threat.

24/01 Coffee and snake - Taipei pet shop aims to break down prejudice against the animal

As the Year of the Snake approaches, a pet store in Taipei is offering adventurous customers an opportunity to enjoy the company of snakes while sipping coffee, hoping to break down some of the prejudice against the animal.

23/01 Adidas to axe up to 500 jobs at headquarters, source says

Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source who took part in a meeting where the figure was announced told Reuters on Thursday.

23/01 Puma shares plunge 18% after quarterly sales and profit miss

Puma shares slid 18% on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual profit, raising questions about its ability to compete against bigger rivals Adidas and Nike.

22/01 Puma launches cost-cutting drive after 2024 net profit disappoints

Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's level, missing its expectations.

22/01 Procter & Gamble tops quarterly results estimates on improving US demand

Procter & Gamble beat second-quarter results estimates on Wednesday, driven by growing demand for its household items such as Pantene shampoos and Tide detergents as product innovations across price tiers helped lure more U.S. customers.

22/01 Los Angeles wildfires spark interest in adobe, natural building materials

Marialyce Pedersen stood in a white Tyvek suit on her Altadena, California, lot leveled by this month's wildfires. Her house was reduced to ash that spilled into the pool, turning the water a toxic black. But along one wall, a sculpted pink bench and outdoor kitchen looked only slightly worse for wear.

22/01 London cafe gives workers with learning disabilities a 'fair shot'

From the hiss of steam warming milk, the clank of emptying used coffee grounds and the chatter of customers, Fair Shot is like any another London coffee shop, but it's also a training centre for young adults with learning disabilities.

22/01 Breakingviews - A TikTok deal may be good for US-China trade

It's becoming clear that everything may be up for negotiation with President Donald Trump. That might not be a bad thing for China. The U.S. leader warned the People's Republic could face tariffs of up to 100% if Beijing does not approve a sale of TikTok, the video app owned by Chinese firm ByteDance. How such a deal would look is unclear, but it would be an easy way for both sides to show goodwil

22/01 Wealthy Indians tap into bathroom luxury with $18,500 smart toilets

In India's polluted northern city of Kanpur, Rajat Ghai has a penchant for Rado watches and Louis Vuitton shoes. Now, as the 31-year-old entrepreneur builds his dream home, he is indulging his designer tastes with a luxury bathroom.

22/01 Pharrell Williams teams with Nigo for Vuitton show at the Louvre

Louis Vuitton men's creative director, Pharrell Williams, drew his audience to a rear courtyard of the Louvre Museum after dark on Tuesday for a fall-winter catwalk show, kicking off Paris Fashion Week with a line-up of jazzed up streetwear.

21/01 Wall St set for higher open with focus on President Trump's trade policy

Wall Street's main indexes were on track to open higher on Tuesday, as investors assessed newly elected President Donald Trump's executive orders on issues including energy and immigration, while awaiting his first move on trade policy.

21/01 German carmakers say Trump tariffs would hurt US consumers, industry

U.S. President Donald Trump's tariff plans would mean higher car prices for U.S. consumers and hit global automakers, Germany's powerful car industry warned on Tuesday, as auto stocks fell on the prospect of higher U.S. import duties.

21/01 Morning Bid: 'Stop-Go' Trump tariff trades whiplash dollar

A look at the day ahead in U.S. and global markets from Mike Dolan

21/01 Trump's inaugural brings the world's billionaire elites en masse to DC

The attendees at a U.S. presidential inauguration do not often resemble the annual gathering of the world's richest in Davos, Switzerland, which kicked off on Monday, but the parallels were hard to ignore as Donald Trump was sworn in as U.S. President.

21/01 Burberry investors watch for signs of sales turnaround

Investors have high hopes for Burberry to start showing signs of progress in its turnaround when the British luxury brand reports sales for the crucial festive season this Friday.

21/01 Great white shark's 9-million-year-old ancestor found in Peru

Paleontologists in Peru on Monday unveiled the 9-million-year-old fossil of a relative of the great white shark that once inhabited the waters of the southern Pacific Ocean, where it liked to devour sardines.

20/01 FTSE 100 hits another record high, investors eye Trump policies

London's blue-chip FTSE 100 hit a record high on Monday for the second session in a row as investors awaited Donald Trump's return to the White House for fresh insights on his stance on tariffs and international relations.

20/01 Trump's inauguration billionaires, CEOs: Ambani, Zuckerberg, Bezos attend church, ceremony

Tech billionaires, foreign diplomats and CEOs shadowed U.S. President Donald Trump on Monday, with several attending St. John's Church in Washington and seated prominently on the dais in the U.S. Capitol ahead of his speech.

20/01 Top IKEA retailer warns in Davos that tariffs could drive prices higher

For budget furniture retailer IKEA, the fewer trade tariffs there are, the better, CEO of Ingka Group, the biggest global IKEA franchisee, told Reuters on Monday as businesses braced for higher possible U.S. tariffs under President Donald Trump.

17/01 Asia stocks fall despite China GDP beat; bond yields drop with Fed in focus

The tone in global stocks turned weaker on Friday as Asian shares tracked overnight losses on Wall Street, even as bond yields slid amid a revival in bets that the Federal Reserve will cut interest rates in June.

16/01 Trump says he'll nominate Bill Pulte to run Fannie, Freddie regulator

U.S. President-elect Donald Trump said on Thursday he would nominate Bill Pulte to be the next director of the Federal Housing Finance Agency (FHFA).

16/01 Luxury groups pin hopes on US as China weakness persists

Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on diamond bracelets, quilted leather handbags and other designer fashions, given forecasts for more market weakness in China.

16/01 Cartier owner Richemont’s sales surge fuels hopes of luxury turnaround

Richemont , the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year sales that exceeded expectations, sending shares higher across the sector.

16/01 Denmark's prime minister summons business leaders following Trump's Greenland threat

Denmark's Prime Minister Mette Frederiksen has called the country's business leaders to a meeting on Thursday after U.S. President-elect Donald Trump last week threatened military or economic action such as tariffs to take control of Greenland.

15/01 Canadian home sales fall in December; up 10% in fourth quarter

Canadian home sales took a breather in December but were still 10% higher in the fourth quarter compared to the third quarter as the Bank of Canada cut borrowing costs, data from the Canadian Real Estate Association (CREA) showed on Wednesday.

15/01 GM signs supply deal with Vianode for synthetic graphite for EV batteries

General Motors has signed a multi-year, multi-billion dollar agreement for Norway's Vianode to provide the U.S. automaker with synthetic graphite anode materials for its electric vehicle batteries, the companies said on Wednesday.

15/01 US 30-year mortgage rate tops 7%, highest since May 2024

The interest rate for the most popular U.S. home loan rose last week to an eight-month high of 7.09%, extending an upward trend that's squeezing would-be homebuyers already facing rising house prices and limited supply.

13/01 SNAPSHOT Wall St opens lower as investors dial back bets on Fed rate cuts this year

Wall Street's main indexes opened lower on Monday, as yields surged after robust payroll numbers last week bolstered expectations that the Federal Reserve will maintain a hawkish stance for most of 2025.

13/01 Spain eyes tax hike for holiday rentals in bid to lower rents

Spain plans to raise taxes on holiday rentals so that they pay "like a business", Prime Minister Pedro Sanchez said on Monday, as residents of the country's main cities grappled with soaring rents.

13/01 Oliviero Toscani, photographer behind Benetton's shock ads, dies at 82

Oliviero Toscani, the man behind the shock advertising campaigns that helped make Italy's Benetton one of the world's biggest clothing brands, died on Monday at the age of 82, his family said in a statement.

11/01 Hollywood celebrities clear their closets for fire aid

When wildfires destroyed parts of Los Angeles this week, real estate agent Jenna Cooper started asking friends for clothing and other items to help people in need.

11/01 Biden extends deportation relief for 900,000 immigrants from Venezuela, El Salvador, Ukraine and Sudan

President Joe Biden's administration on Friday renewed deportation relief that currently covers 900,000 immigrants from Venezuela, El Salvador, Ukraine and Sudan, a move that would delay any attempts by President-elect Donald Trump to sunset those protections.

10/01 Prada among suitors looking at Versace, newspaper reports

Italy's Prada , is among potential suitors examining the acquisition of fashion group Versace which Capri Holdings has put up for sale, daily Il Sole 24 ore reported on Friday.

10/01 Breakingviews - Toymakers build fun Hong Kong stocks a playground

Hong Kong's long-dormant animal spirits have found a fun niche in an otherwise gloomy market. Shares in Chinese toymaker Bloks surged 82% on their Friday debut, thanks to overwhelming demand in the city. The $2 billion firm, which specialises in assembling Transformers and other figurines, is tapping into the country's collectible toy frenzy led by Hong Kong-listed peer Pop Mart , whose stock cloc

10/01 Tesla launches redesigned Model Y in China, seeking to fend off rivals

Tesla launched a new version of the Model Y, its best-selling car, in China on Friday, hoping that a redesigned exterior and upgraded features inside will help it regain market share taken by rivals such as Xiaomi .

09/01 Uniqlo operator posts higher Q1 profit despite sluggish China results

The operator of the Uniqlo global clothing chain reported first quarter results on Thursday that trailed analyst forecasts as a sharp decline in profit in China overshadowed strong sales in its home market of Japan.

09/01 Trump's tariff threat spurs auto suppliers to rethink production plans

Global auto suppliers are working out how much of their production can be moved to the United States, or closer to it, as a defense against tariffs promised by President-elect Donald Trump, according to industry executives at CES in Las Vegas.

08/01 Rolls-Royce to invest $376 million in UK plant to focus on bespoke cars

British luxury automaker Rolls-Royce said on Wednesday it will invest 300 million pounds ($376 million) to expand its Goodwood plant to focus more on bespoke cars for high-end clients, featuring anything from gold sculptures to mother-of-pearl artwork.

07/01 Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA says 

E-commerce giants Amazon.com and MercadoLibre stand to benefit from new tariffs on low-cost imports into Mexico over Asian retailers like Shein and Temu, according to analysts at Itau BBA.

07/01 Trump weighing executive order protecting gas stoves

President-Elect Donald Trump is weighing an executive order that seeks to protect gas-powered appliances including stoves and heaters from federal and local regulators who want to phase them out of homes and businesses, two sources familiar with the plans said.

07/01 Tesla supplier Panasonic Energy: cutting China supply 'No.1 objective' for U.S.

Tesla supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the United States, a senior executive told Reuters, calling the shift a "No.1 objective".

03/01 China sets up new national sports arbitration centre

China opened its first national sports arbitration centre this week in Beijing, the capital, taking a key step to strengthen the legal framework for resolving sports disputes and protect athletes' rights.

03/01 Trouble in China's shopping paradise as Hainan duty-free spending falls 29%

Duty-free spending in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, slumped 29.3% last year as a weak economy saw a sharp drop in domestic visitors.

02/01 UK lawmakers summon Shein and Temu for questioning over labour practices

Fast-fashion online retailer Shein, which is hoping to list in London, faces a UK hearing on Jan. 7 where a British parliamentary committee plans to question the firm, founded in China in 2008, about the rights of workers in its supply chain.

02/01 Designer Rosita Missoni, pioneer of coloured knitwear, dies aged 93

Italian designer Rosita Missoni, co-founder of the eponymous fashion house known for its bright and patterned styles, died on Thursday at the age of 93, a company official said.

02/01 Breakingviews - Moutai will raise a glass to its LVMH moment

Kweichow Moutai–Li Ning, or KMLN, may not have the same ring as Louis Vuitton Moët Hennessy, but it could be China’s next national consumer champion. Moutai , the world’s largest distiller, wants to appeal to young shoppers. Marketing gimmicks with brands from Dove chocolates to Luckin Coffee have so far failed to gain traction. A bold swoop on the iconic but struggling sportswear retailer, Li Nin

01/01 Australian home prices finally cool as 2024 comes to an end

Australia's home prices marked the first monthly decline in almost two years in December as high mortgage rates stretched affordability and more sellers emerged after a long run of gains.

01/01 Big Lots approved for last-minute sale of 200 to 400 stores

Retailer Big Lots on Tuesday received a bankruptcy judge's approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership.

31/12 Mexico unveils new tariffs, popular e-tailers like Shein, Temu may be in crosshairs

Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu.

31/12 Inside luxury goods' broken audit system

LVMH-owned Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications missed glaring problems, a Reuters review of unpublished court documents has found.

31/12 Beijing unveils plans to boost driverless vehicle use in capital

China's capital Beijing passed new regulations on Tuesday to encourage autonomous driving technology in the city, with authorities planning to eventually allow driverless public buses and taxis.

30/12 US pending home sales hit 21-month high in November

Contracts to buy U.S. previously owned homes rose more than expected in November, notching a fourth straight month of gains as buyers focused on taking advantage of improved inventory despite stubbornly high mortgage rates.

30/12 Taiwan board game invites players to imagine Chinese invasion

A new board game set against the backdrop of armed conflict around Taiwan is set to be released in January 2025, amid renewed threats from Beijing, inviting players to participate in an imaginary Chinese invasion 20 years from now.

30/12 Breakingviews - Smart glasses give tech giants dangerous FOMO

Smart glasses will come into focus in 2025. Meta’s collaboration with EssilorLuxottica has become a bestseller in most Ray-Ban stores across Europe, the Middle East and Africa, with total sales topping 1 million units, according to Counterpoint Research. Early success has emboldened rivals to develop their own specs.

26/12 Two dead after being struck by sail booms in Sydney to Hobart race

Double tragedy struck the Sydney to Hobart yacht race on Friday as two sailors were killed in separate incidents, organisers and local authorities said.

26/12 US holiday retail sales stronger than last year, Mastercard says

Walmart, Target, Amazon.com and other retailers ramped up promotions and value messaging to entice customers during a shorter holiday season.

26/12 BYD contractor denies 'slavery-like conditions' claims by Brazilian authorities

Jinjiang Group, a contractor for Chinese electric vehicle maker BYD , said on Thursday Brazilian authorities' portrayal of their employees as "enslaved" was inconsistent with the facts and that there were translation misunderstandings.

24/12 China's CATL launches EV chassis, flagging safety as top selling point

China's CATL , the world's largest electric vehicle battery maker, on Tuesday launched a new EV chassis that it says can withstand a 120-kph (75-mph) frontal impact without catching fire or exploding, as it touts safety as a key selling point.

23/12 Dutch discover rare 500-year old wooden shoe

The Dutch are known worldwide for their wooden shoes, but the recent rare discovery of a 500-year-old one in the city of Alkmaar has shown just how widespread their use once was.

23/12 Swiss business gets Christmas bonus from EU trade deal

Swiss business welcomed a new deal to overhaul the country's relationship with the European Union, bringing Christmas cheer to an economy that is set to be one of Europe's most resilient in a challenging 2025.

23/12 Senegal's toy makers thrive ahead of Christmas

Senegal's local toymakers are experiencing a boom in demand ahead of Christmas, with sellers hoping to win market share with high-quality products that reflect the country’s culture and values.

21/12 Carnival forecasts robust 2025 bookings as cruise demand booms

Cruise operator Carnival Corp forecast strong bookings for 2025 ahead of the busy summer travel season, riding the wave of strong spending on experiences even as prices increase, sending its shares up about 5% on Friday.

20/12 Nike's new CEO plans to go back to basics in brand overhaul effort

Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the spotlight on sports like basketball and running, allayed some investor worries.

20/12 After Northvolt, Europe's battery hopes rely heavily on China

Northvolt's financial collapse has not entirely crushed Europe's dream of developing its own electric vehicle batteries but fulfilling it is likely to require Chinese cash and expertise.

20/12 Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers

Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and $4,000-and-up cashmere jackets, major marketers of designer and luxury merchandise are broadening their product lines to emphasize scarves, belts, wallets and home goods priced at $500 and under.

19/12 Nike profits and sales beat forecasts, shares surge 11%

Nike beat quarterly profit expectations and posted a smaller-than-expected drop in revenue on Thursday, as customers flocked to the embattled sportswear brand's stores and website to buy newly released versions of performance and running shoes.

19/12 Breakingviews - Luxury firms will warily cut prices to boost sales

Europe’s top fashion houses will reluctantly conclude that high profit margins are a luxury they can no longer afford in 2025. The likes of LVMH , Kering and Chanel aggressively hiked prices on handbags, shoes and jackets during the pandemic. As demand from Chinese consumers rapidly cools, CEOs will be forced to rethink.

18/12 Brazilian judge orders Adele song removed over plagiarism claim 

A judge in Rio de Janeiro has ordered the global removal of a 2015 song by British singer Adele due to a plagiarism claim by a Brazilian musician, which Universal Music is fighting on appeal.

18/12 New Nike CEO Hill gets his chance to lay out turnaround plan

Two months into his tenure as Nike CEO, Elliott Hill gets his first shot on Thursday to convince investors he can rescue the flailing sportswear company after a year stained by layoffs and cratering sales.

18/12 CATL says it has co-developed 10 new EV models with swappable batteries

CATL said on Wednesday it had co-developed 10 new electric vehicle models with automakers that use swappable batteries, as the Chinese battery giant seeks to lead a trend it says will replace a third of gasoline stations in China.

18/12 Trump tariff threat helps lift US ocean imports

Retailers and manufacturers advance imports to avoid potential tariffs

18/12 Seeing Trump 2.0 tariffs coming, America's toymakers gird for ruckus

With the incoming Trump administration promising an entirely new round of tariffs on U.S. imports, Atlanta-based Kids2 and other toymakers are reviewing product lines, looking for ways to limit the cost of new levies.

18/12 As bitcoin soars, luxury brands consider accepting crypto payments

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with crypto investors.

17/12 Struggling Wolves agree deal to appoint Portuguese Pereira as coach - report

Wolverhampton Wanderers have agreed a deal for Portuguese Vitor Pereira to become their new coach after the sacking of Gary O'Neil, Sky Sports reported on Tuesday.

17/12 Alibaba to sell China department store chain Intime for $1.3 bln loss

Alibaba Group said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss from the deal, as the retail giant reshuffles its business portfolio to focus on its core e-commerce operation.

16/12 Canadian housing starts rise more than expected in November

Canadian housing starts rose 8% in November, beating market expectations, driven primarily by multi-unit starts in Quebec, Alberta and British Columbia, data from the national housing agency showed on Monday.

16/12 China's Instagram-like Xiaohongshu making inroads with e-commerce sales

Since Tera Feng started documenting her enviable Shanghai lifestyle, including visits to art galleries and fashion events on Chinese social media eight years ago, she has built up a following of more than 500,000 people.

16/12 China's 'erotic clothing' capital braces for Trump and e-commerce crackdown

The development of the lingerie industry in eastern Guanyun county has exploded partly due to a U.S. tariff exemption likely to soon be curtailed or scrapped.

12/12 Chanel picks Matthieu Blazy as creative director

French fashion house Chanel selected former Bottega Veneta design chief Matthieu Blazy as its next creative director, the company said on Thursday, after months of fevered speculation about the industry's most coveted job.

11/12 Stocks cheered Trump's victory, but tariffs bring unknowns to 2025

The U.S. stock market welcomed Donald Trump's victory in the 2024 presidential election, but turbulence may lie ahead if the president-elect makes good on his tariff threats.

11/12 Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4

U.S. automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of 2024, according to Tesla China on Wednesday.

11/12 Adidas headquarters raided in years-long tax investigation, company says

Authorities raided Adidas AG headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on Tuesday.

11/12 US says review of Nippon-US Steel tie-up ongoing as US Steel shares tumble

A national security review of Nippon Steel's $15 billion bid for U.S. Steel is ongoing and President Joe Biden will see what it yields before making a decision on whether to block it, the White House said on Tuesday, cautioning he still opposes the tie-up.

10/12 Teamviewer acquires London-based 1E in $720-million deal

Teamviewer has signed a deal to acquire the London-based IT firm 1E for an enterprise value of $720 million, the German software company said on Tuesday.

09/12 Extreme heat puts garment factory workers at risk, study shows

New EU regulations make retailers like Inditex, H&M and Nike legally liable for conditions at their suppliers, putting pressure on them to help fund improvements to cool factories they source from.

06/12 Notre-Dame Cathedral reopens on Saturday. Here's what to know

Paris' Notre-Dame Cathedral reopens on Saturday, Dec. 7, five and a half years after fire destroyed its roof and spire and caused major damage throughout.

06/12 Netflix's 'One Hundred Years of Solitude' hits screen in Havana

Outside the Yara cinema in Cuba's capital, workers on Friday prepared for screening of the first TV adaptation of one of Latin America's most beloved novels, a mammoth challenge taken on by streaming giant Netflix and filmed entirely in Colombia.

06/12 Lululemon shares surge as holiday demand helps lift forecast, results

Lululemon Athletica shares jumped about 17% in early trading on Friday as an upbeat annual forecast raised investor optimism for a robust holiday quarter and prompted Wall Street to take a more bullish view on the stock.

06/12 Vietnam's soaring US trade surplus stokes new fears of Trump tariffs

Vietnam is vulnerable to becoming the new Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said.

05/12 Breakingviews - Tariff turnabouts send US corporate heads spinning

Corporate chieftains know a trade war is coming, but they are unable to prepare for it. The countries, products and tariff rates that Donald Trump intends to target change by the day, sometimes even the hour. Dry runs during the U.S. president-elect’s first term in office are the best playbooks available for now. This time, however, probably will be different.

05/12 Breakingviews - Japan’s virtuous M&A circle starts with 7-Eleven

The battle for control of Japan’s Seven & i is being cheered in Tokyo as evidence of improving efficiencies of the world’s third-largest economy. Officials can hasten a virtuous circle of dealmaking if they make the right next moves.

04/12 LGBTQ group disappointed after Man Utd squad don't wear rainbow jackets

An independent LGBTQ supporters' group of Manchester United has expressed its disappointment after specially-designed jackets to mark the club's official Rainbow Laces game were not worn by players ahead of Sunday's home win against Everton.

04/12 Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say

Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares just a month after he received their full backing, two people with knowledge of the matter told Reuters.

04/12 Lisbon moves closer to vote on short-term rental ban after assembly approval

Lisbon residents seeking to restrict tourist rentals in residential buildings have moved a step closer to securing a public vote after the Portuguese city's municipal assembly approved a proposal for a local referendum.

02/12 From Boeing to Intel: CEO exits at major global companies in 2024

Several global companies, including aircraft manufacturer Boeing and struggling chipmaker Intel, have witnessed the departure of their CEO's this year, with a handful of firms opting for seasoned executives to fill these leadership voids.

30/11 New Greek metro is archaeological window on the past

A metro system in Greece's second city Thessaloniki officially opened on Saturday, its stations displaying the same ancient artifacts that nearly derailed the project's completion.

29/11 Excitement, relief in Paris as Notre-Dame Cathedral prepares to reopen

Paris' Notre-Dame Cathedral will reopen its doors next week to tourists and the Catholic faithful, five-and-a-half years after fire gutted the Gothic masterpiece, one of the French capital's most beloved and visited monuments.

29/11 Retailers brace for Black Friday amid shorter selling season, cautious shoppers

From Taylor Swift’s new Eras Tour book priced at $39.99 and sold only at Target, to a $50.99 Jessica Simpson puffer coat at Walmart, marked down from $84.99, major U.S. retailers stocked their shelves for Black Friday with exclusive products and lots of general merchandise steeply discounted.

29/11 Uniqlo risks boycott in China after CEO's Xinjiang comment

Casual wear giant Uniqlo is facing calls for a consumer boycott in China after the CEO of the clothing company's owner said it does not source cotton from China's Xinjiang, which has faced allegations of forced labour in recent years.

29/11 Shein, Temu branch further into toy market amid worry over fake products

Fast-growing specialty e-commerce sites such as PDD's Temu and its rival Shein are branching deeper into the business of selling toys as many American and European shoppers prepare to seek out steep bargains during the Black Friday weekend.

28/11 US Thanksgiving online sales up about 4% so far this year, data shows

Online sales in the U.S. were up about 4% for the first half of the Thanksgiving holiday, compared to a 2% rise last year, Salesforce data showed on Thursday, a fresh sign that shoppers are lapping up steep discounts from retailers.

28/11 Sofas become points of purchase as Americans shop with their phones on Thanksgiving

U.S. holiday shoppers have big plans to use small screens for a head start this year on Thanksgiving Day, and retailers have spent weeks priming them, touting pre-Black Friday online discounts for everything from TVs and toys to Bluetooth speakers.

28/11 LVMH chief Bernard Arnault to testify in France spy trial

LVMH Chairman and CEO Bernard Arnault is set to testify at a Paris court on Thursday in the trial of France's former spy chief Bernard Squarcini, a case that has cast light on the lengths to which the world's biggest luxury group has allegedly gone to protect its image.

27/11 US retailers attempt to stir excitement during shorter holiday shopping season

To entice shoppers on Black Friday, major retail chains intend to showcase interactive products and experiences, including Ray Ban augmented-reality glasses, extra-extra-large TVs at electronics retailer Best Buy and new spa services at U.S. department store chain Nordstrom Inc .

27/11 Puma signs long-term deal with Portuguese Football Federation

German sportswear maker Puma said on Wednesday it signed a long-term kit deal with the Portuguese Football Federation, replacing long-serving U.S. rival Nike.

27/11 U.S. housing affordability to worsen even as price rises slow: Reuters poll

Purchasing affordability for first-time U.S. homebuyers will worsen over the coming year on tight supply and just a few more Federal Reserve interest rate cuts, even as average home price rises slow, according to a Reuters poll of property experts.

27/11 Nordstrom raises lower end of annual sales outlook, sees uncertain environment

Nordstrom slightly raised its annual comparable sales forecast on Tuesday owing to softness in some categories including footwear and apparel toward the end of October.

27/11 Black Friday: online marketing costs jump in bidding war with Temu and Shein

Heavy online marketing spending by Temu and Shein is making it more costly for other retailers and brands to reach shoppers on Black Friday, marketing and industry experts say, with both platforms bidding heavily on search keywords used by competitors.

26/11 US new home sales tumble to two-year low in October

Sales of new U.S. single-family homes dropped to the lowest level in nearly two years in October, likely as a rise in mortgage rates drove buyers to the sidelines and hurricanes disrupted activity.

26/11 Best Buy cuts annual forecasts on weak electronics demand during the holidays

Best Buy cut its annual profit and sales forecasts on Tuesday, signaling a muted holiday shopping season amid sluggish demand for pricey electronics such as televisions and home theater systems.

26/11 Walmart to roll back some diversity policies amid pressure from conservatives

Walmart plans to cut back some of its diversity, equity and inclusion (DEI) initiatives, a spokesperson for the retailer said on Monday, joining a growing list of firms feeling the heat from conservative groups.

26/11 Rustic islanders off glitzy Singapore face uncertain future

People in wealthy Singapore have taken for granted comforts such as electricity and air-conditioning for decades, but a dwindling band of residents on a tiny island to its east saw the arrival of a solar grid 11 years ago as a miracle they still talk about.

26/11 Trump's tariff pledge spells trouble for auto and tech companies

President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.

25/11 Tech-wary Germans get hooked with online shopping habit

In only a few years, Germans have become a nation of online shoppers, with most now turning to devices to buy clothes, groceries and medicines in the wake of the COVID-19 pandemic.

23/11 Barcelona protesters demand affordable rents as Spain juggles tourism impact

About 22,000 people protested in Barcelona on Saturday, in the latest demonstration to demand lower housing rental prices and better living conditions.

22/11 European companies cut jobs as economy sputters

Difficult economic conditions and persistently weak demand for many products have forced companies across Europe to freeze hiring or cut jobs.

22/11 Dodgers' Ohtani and Yankees' Judge earn unanimous MVP honors

Shohei Ohtani of the World Series champion Los Angeles Dodgers has unanimously been named the National League Most Valuable Player, while New York Yankees slugger Aaron Judge took home the American League honors in similar fashion on Thursday.

21/11 Gap raises annual sales target betting on steady holiday demand

Gap Inc raised its annual sales forecast on Thursday and said the holiday season was off to a "strong start", sending its shares up nearly 14% in extended trade.

21/11 Container shippers hedging green transition with dual-fuel vessel orders

Hybrid engines allow operators to fall back on petroleum if green fuels are too costly.

20/11 France's Arnault family says buying Paris FC soccer club is long-term investment

Billionaire Bernard Arnault's family aims to gradually lift second-tier Paris FC to be among the elite of French soccer, with a strategy focused on training young players rather than poaching other clubs' stars, it said on Wednesday.

20/11 Top 20 global family-owned retail businesses

Japan's Seven & i Holdings received a buyout proposal from a member of its founding Ito family last week, a potential $58 billion white-knight bid which would see the company go private and allow it to continue operating under current management.

20/11 Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target

Retailers are in for a mixed holiday season ahead of Black Friday and Christmas, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones to look for the best deals.

20/11 Kadokawa shares jump 19% after news of Sony talks

Kadokawa's shares jumped 19% in early Tokyo trading on Wednesday, a day after Reuters reported Sony was in talks to acquire the publishing, anime and gaming powerhouse.

19/11 Hennessy staff strike over plan to bottle cognac in China

Around 500 staff at Hennessy, the cognac maker owned by French luxury giant LVMH , went on strike on Tuesday, a union representative said, to protest what he said was a plan to potentially bottle the brandy in China to avoid tariffs.

19/11 Greek potter keeps ancient ways alive, wins UNESCO recognition

In his seaside workshop on the Greek island of Lesbos, Nikos Kouvdis uses ancient techniques to create pottery pieces that have recently been honoured with inclusion in UNESCO's National Inventory of Intangible Cultural Heritage.

19/11 Breakingviews - China’s new hobbies create a spending mirage

China’s new hobbies will be bad news for most retailers. A fad for biking, hiking, and other physical endeavours has helped companies like $10 billion Amer Sports tempt shoppers, and the maker of trail shoes and skis is growing sales despite a sluggish economy. But a yen for adventure won’t necessarily be a boon for other brands.

19/11 Exclusive: Sony in talks to buy media powerhouse behind 'Elden Ring', sources say

Sony is in talks to acquire Kadokawa , the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio.

18/11 US homebuilder confidence at 7-month high in November, survey says

U.S. homebuilder sentiment rose to a seven-month high in November and expectations for sales in the next six months surged to the highest in about two-and-a-half years after a Republican election sweep fueled optimism for regulatory changes that could lead to more residential construction, a survey said on Monday.

18/11 Desperate for cash, Gazans sell clothes plucked from rubble

Moein Abu Odeh clambered up a pile of rubble in southern Gaza, searching for clothes, shoes, anything he could sell to raise cash more than a year since Israel started its relentless bombardments.

18/11 Canadian housing starts rise 8% in October

Canadian housing starts in October rose by 8% versus the previous month as groundbreaking increased on multi-unit and single-family detached homes, data from the national housing agency showed on Monday.

16/11 Pristine, rare Babe Ruth card dazzles collectors

A rare, 91-year-old Babe Ruth card that once sold for a penny could fetch more than a million dollars on the auction block this month, as a coveted piece of baseball history goes up for grabs.

15/11 Berkshire bites into Domino's Pizza, dips into Pool amid stock retreat

Warren Buffett's Berkshire Hathaway said on Thursday it made new investments in Domino's Pizza and Pool Corp in the third quarter, even as it retrenched from stocks such as Apple and Bank of America .

15/11 Rare Roman gladiator knife from Hadrian's Wall goes on display

A 2,000-year-old Roman knife handle shaped like a gladiator that was discovered in northern England will go on public display for the first time, the charity English Heritage said on Friday.

14/11 Breakingviews - Shein margin wobble takes bite out of IPO value

Shein’s planned stock-market float has always seemed dicey. The Singapore-headquartered fast-fashion group, which has Chinese roots, is exposed to rising Sino-U.S. tensions and environmental scrutiny. But a Donald Trump U.S. presidency and poor first-half results pose more pressing problems. To hit its most recent $66 billion private valuation, the company faces the tricky task of convincing inves

14/11 Burberry puts focus back on trench coats in turnaround plan

Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ambitious with prices on bags and shoes, the loss-making luxury brand said in a revamp that sent its shares up sharply.

13/11 New York ivory ban for antiques dealers voided by US appeals court

A federal appeals court on Wednesday declared unconstitutional a New York law that largely banned sales and in-store displays by antiques dealers of ivory and rhinoceros horns in the state.

13/11 Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says

Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the industry's customer base, according to consultancy Bain & Company.

13/11 China's CATL pushes beyond batteries into power grids, EV platforms

Robin Zeng, the billionaire founder of CATL , aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth.

13/11 Federer-backed On lifts annual sales forecast on strong holiday season demand

On Holding raised its annual sales forecast after beating quarterly revenue estimates on Tuesday, driven by strong holiday season demand for its new running shoes such as Cloud X4 and Cloudnova 2 from customers willing to pay full prices.

12/11 Home Depot raises annual same-store sales forecast

Home Depot raised its annual same-store sales forecast on Tuesday, betting on resilient demand from professional contractors to offset weak spending on bigger projects such as kitchen renovations.

12/11 China's Singles' Day wraps up with e-commerce firms reporting growth in shoppers

China's largest e-commerce company Alibaba Group said it recorded "robust growth" in sales and a "record number" of shoppers over this year's Singles' Day sales period, a weeks-long event that ended at midnight on Monday.

12/11 Explainer: What is China’s Singles Day and how is it celebrated?

Black Friday? No. Cyber Monday? Nope. Prime Day? Absolutely not. The world's biggest shopping event happens in China each year - and it's called Singles Day.

09/11 IKEA ready for potential tariffs under Trump, CFO says

IKEA has learned from recent supply chain disruptions and is well prepared for potential trade barriers, the owner of the world's biggest furniture brand said on Friday as companies seek to ready themselves for tariffs under Donald Trump's presidency.

08/11 Cartier owner Richemont's profit miss, China caution hit luxury shares

Cartier owner Richemont missed first half profit forecasts and remained cautious about a recovery in China on Friday, sparking a sell-off in European luxury stocks.

08/11 Sony posts 73% jump in Q2 profit, keeps outlook

Sony reported on Friday a 73% rise in group operating profit in the July-September quarter, buoyed by strong sales in its game and network business.

08/11 Luxury shoemaker Manolo Blahnik enters China market after 22-year legal tussle

Manolo Blahnik, the high-end shoe brand with many celebrity fans and often worn in the TV hit "Sex and the City", has opened its first store in mainland China after a 22-year battle over the legal right to use its name.

08/11 Nissan shares slump after unveiling plan to cut jobs, production

Shares in Nissan Motor slumped as much as 10% in Tokyo trading on Friday after the company said the previous day it will cut 9,000 jobs and 20% of its global manufacturing capacity as it faces struggling sales in China and the United States.

07/11 Steven Madden to cut sourcing from China on tariff worries under Trump

Steven Madden executives said on Thursday the company was working quickly to shift product sourcing out of China to other countries after Donald Trump's U.S. presidential election victory.

07/11 Under Armour lifts profit forecast on cost savings, shares surge

Under Armour shares shot up 20% premarket on Thursday as the sportswear maker raised its annual profit forecast, betting on lower input costs and cost-saving strategies such as fewer discounts at its own stores and website.

07/11 What Trump's 2024 election win means for Asian companies

Donald Trump has been elected U.S. president, capping a remarkable comeback four years after he was voted out of the White House.