
Levi Lowers Full-Year Guidance on US Wholesale Weakness
Levi Strauss & Co. lowered its guidance for the full-year, citing weakness in its US wholesale business and
2023-07-07 16:46

String of Global Heat Records Raises Alarm on Climate Change
Global temperatures have hit records for three days this week, raising concerns over the impact of extreme heat
2023-07-07 16:45

Omega Raises Luxury Watch Prices as Other Swatch Brands Struggle
Omega, the Swiss watch brand known for its Speedmaster and Seamaster models, raised prices by as much as
2023-07-07 16:25

World’s Largest Pension Fund Posts Quarterly Gain, Record Assets
Japan’s state pension fund, the world’s largest, posted its strongest quarter in more than two years as gains
2023-07-07 15:47

Birkenstock Owner Considers IPO at $6 Billion-Plus Value
L Catterton, the private equity firm backed by luxury French fashion house LVMH, is considering strategic options for
2023-07-07 15:25

UK House Prices Fall Most in Over a Decade, Halifax Says
UK house prices are falling at their fastest annual pace since 2011, Halifax said, as the property market
2023-07-07 15:23

Germany and Spain Brace for Scorching Heat Over Coming Days
The sweltering heat forecast for Germany this weekend is set to intensify, while temperatures in the Spanish capital
2023-07-07 15:22

German Production Drops as Factory Weakness Weighs on Growth
German industrial production unexpectedly fell in May, casting a shadow over the recovery in Europe’s largest economy from
2023-07-07 14:28

Siemens Energy Sets Up Twin Taskforces to Investigate Wind Unit
Siemens Energy AG is establishing an internal taskforce as well as supervisory board committee after a string of
2023-07-07 14:26

Lagarde Says ECB Won’t Stand Idly By If Margins and Wages Rise
The European Central Bank won’t hesitate to act if officials see a simultaneous uptick in both company margins
2023-07-07 14:24

Corporate Scandals Spark Crisis of Confidence in Thai Market
The near implosion of a $2 billion company in Thailand is fueling calls from investors for tighter oversight
2023-07-07 14:20

Shell’s Earnings From Gas Trading to Drop Significantly
Shell Plc’s earnings from natural gas trading will be significantly lower in the second quarter due to seasonal
2023-07-07 14:19