(Reuters) – Upmarket fashion retailer Ted Baker reported higher fourth-quarter sales on Wednesday as demand for office and party wear remained strong even in the face of Britain’s pandemic-related curbs during the reporting period. The group’s sales, including online and in-store sales, jumped 35% in the 12 weeks ended Jan. 29, a period in which…
PARIS (Reuters) – Hollywood actor Leonardo DiCaprio has bought an equity stake in French champagne house Telmont, its majority owner, Remy Cointreau, said on Wednesday, as luxury brands strike partnership deals with celebrities to broaden their appeal. “From protecting biodiversity on its land, to using 100% renewable electricity, Champagne Telmont is determined to radically lower…
By Twinnie Siu and Donny Kwok HONG KONG (Reuters) – Hong Kong will offer tax breaks, handouts and subsidies to small businesses and residents, to mitigate the impact of the most stringent social restrictions imposed in the city to curb the spread of COVID-19, Finance Secretary Paul Chan said. The 2022/23 budget proposals were announced…
BEIJING (AP) — Asian stock markets plunged and oil prices surged to nearly $100 a barrel Thursday after President Vladimir Putin announced Russian military action in Ukraine. Market benchmarks in Tokyo and Seoul fell 2%. Hong Kong and Sydney lost more than 3%. Oil prices jumped more than $4 on anxiety about possible disruptions of…
