H&M to grow third-party brand strategy as online rivalry intensifies
STOCKHOLM H&M plans to sell more third-party brands online and in stores, CEO Helena Helmersson said on Thursday,
2023-06-29 20:15
The Fed is secretly stress testing the US economy against nightmare scenarios
Federal Reserve Chair Jerome Powell seemed uncharacteristically relaxed yesterday at the European Central Bank conference in Portugal. The Fed head shed his reading glasses and wore his shirt collar open with no tie as he cracked jokes alongside a panel of his central banking contemporaries.
2023-06-29 19:59
Ukraine Recap: Intense Frontline Fighting; EU Plans More Support
Ukrainian reported advances with forces continuing to engage in intense fighting along the frontline, as European Union leaders
2023-06-29 19:29
Riksbank Extends Tightening as Krona Weakness Fuels Prices
Sweden’s Riksbank raised borrowing costs and pledged accelerated bond sales, a response to stubborn inflation and a weak
2023-06-29 18:55
Euro-Zone Inflation Expectations Gauge Hits Seven-Year Low
Euro-zone consumers’ inflation expectations dropped to the lowest since 2016 in a gauge compiled by the European Commission,
2023-06-29 18:53
Philippine Stocks Under Marcos Jr. Trounce Duerte in First Year
Philippine President Ferdinand Marcos Jr.’s market-friendly policies helped boost local shares in his first year in office, leading
2023-06-29 18:19
Spanish Inflation Is Now Under 2% ECB Goal at a Two-Year Low
Spanish inflation slowed to below the 2% level targeted by the European Central Bank, a small victory for
2023-06-29 17:45
UK Presses Investment Platforms Over Odey Fund Retail Access
The UK’s Financial Conduct Authority is quizzing investment platforms, including Hargreaves Lansdown Plc, over their decision to allow
2023-06-29 17:27
Rouble hits 15-month low past 87 vs dollar on political risk concerns
The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic
2023-06-29 16:53
Casino’s Stock Tumbles as Grocer Warns of Shareholder Wipeout
Casino Guichard Perrachon SA‘s stock fell to a record low after it warned its shareholders will be “massively
2023-06-29 16:26
Wind Turbines That Shake and Break Cost Their Maker Billions
Wind turbines make money when they spin. But when they shake, it can cost billions. Siemens Energy AG
2023-06-29 16:25
Big China Stimulus Isn’t Coming, Former IMF Official Says
China will likely disappoint those hoping the government will roll out massive stimulus to shore up the weakening
2023-06-29 14:52