By Mimosa Spencer (Reuters) -Chanel artistic director Virginie Viard is leaving the label, the luxury brand said on Thursday, kicking off speculation over who will replace her in one of the fashion in[...]
Read more
June 6, 2024
Remy Cointreau’s shares rise as investors bet on recovery
LONDON (Reuters) -Remy Cointreau’s shares rose more than 6% on Thursday after the drinks company expressed confidence about future growth following a tough year where profits fell sharply. The m[...]
Read more
Small business may show a coming US hiring slowdown
By Howard Schneider (Reuters) – Like many firms during the pandemic Worxbee, a small business that provides virtual executive assistant services, brought on bodies when Chief Executive Kenzie Bi[...]
Read more
Morning Bid: New highs as Nvidia tops Apple, ECB and BoC easing
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia replace Apple as the world’s 2n[...]
Read more
Mercedes chief expects EU decision on Chinese EVs tariffs soon
BERLIN (Reuters) – Mercedes Benz CEO Ola Kaellenius expects a decision on EU’s import tariffs on Chinese electric vehicles soon, he said at an industry conference on Thursday. “A dec[...]
Read more
China says it never uses EV subsidies barred by WTO
BEIJING (Reuters) -China never makes use of subsidies for electric vehicles that have been prohibited by the World Trade Organization, a spokesperson for its foreign ministry said on Thursday. Chinese[...]
Read more
Meta faces call in EU not to use personal data for AI models
By Foo Yun Chee BRUSSELS (Reuters) -A Meta plan to use personal data to train its artificial intelligence (AI) models without seeking consent came under fire from advocacy group NOYB on Thursday, whic[...]
Read more
German industrial orders unexpectedly fall in April
(Reuters) – German industrial orders unexpectedly fell in April, marking the fourth month in a row of decreases, due to a significantly smaller number of large-scale orders compared with the pre[...]
Read more
BOJ chief Ueda reaffirms resolve to trim bond buying
By Leika Kihara (Reuters) -Bank of Japan Governor Kazuo Ueda said the central bank should reduce its huge bond purchases as it moves toward an exit from massive monetary stimulus, reinforcing his reso[...]
Read more