(Reuters) -German fashion house Hugo Boss on Thursday said it expected its sales to grow more by 2025 than it had originally envisioned, citing strong demand across its markets. The company forecast sales of 5 billion euros ($5.4 billion) by 2025, compared to the previous target of 4 billion euros, which it expects to meet…
SYDNEY (Reuters) – An Australian senator on Thursday said she was followed, aggressively propositioned and inappropriately touched by another senator in parliament house, and called on the government to make the building safer for women. In a tearful address in parliament, independent senator Lidia Thorpe said she has decided not to pursue legal action or…
SYDNEY (Reuters) -Australia’s most decorated war veteran, found by a civil court to have played a part in the murder of four Afghans while serving in Afghanistan, said he was devastated by what he called an “incorrect” judgement and he would not apologise for his actions. In his first public comments since the court ruling,…
By Nick Carey and Barbara Lewis (Reuters) – Graphene added to tyres could replace the toxic chemical 6PPD, U.S. startup Carbon Rivers says, as pressure mounts on the auto industry to eliminate the widely-used compound that has polluted waterways and been found to be lethal to some fish. Later this year, California is expected to…
By Davide Barbuscia and David Randall NEW YORK (Reuters) – A hawkish message from the Federal Reserve amid a robust stock market rally is presenting investors with a conundrum: how to maintain exposure to rising equities while also guarding against the possible upheavals tighter monetary policy can bring. The central bank left rates unchanged on…
A look at the day ahead in European and global markets from Vidya Ranganathan After a slight jolt overnight from the hawkishness surrounding the Fed’s pause, investors can afford to be relaxed ahead of the European Central Bank’s policy decision later on Thursday. It’s a given the ECB will deliver its eighth straight rate hike…
A look at the day ahead in European and global markets from Vidya Ranganathan After a slight jolt overnight from the hawkishness surrounding the Fed’s pause, investors can afford to be relaxed ahead of the European Central Bank’s policy decision later on Thursday. It’s a given the ECB will deliver its eighth straight rate hike…
By Satoshi Sugiyama TOKYO (Reuters) – Japan’s government and central bank will act to stop the yen’s decline if it depreciates to the 145 per U.S. dollar level, more than half of economists polled by Reuters said. Market participants closely watch how the government and the Bank of Japan (BOJ) respond to currency moves, following…
By Stella Qiu SYDNEY (Reuters) -Australian employment blew past expectations in May, while the jobless rate edged lower and participation rate climbed to a record high, an extraordinarily strong report that adds pressure on the central bank to raise interest rates further. Figures from the Australian Bureau of Statistics (ABS) on Thursday showed net employment…
