H&M to grow third-party brand strategy as online rivalry intensifies
STOCKHOLM (Reuters) – H&M plans to sell more third-party brands online and in stores, CEO Helena Helmersson said on Thursday,…
Business
Analysis-Dollar drought haunts frontier economies
By Duncan Miriri and Marc Jones NAIROBI/LONDON (Reuters) – As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its…
Exclusive-Morgan Stanley board considers next CEO while Gorman clears the decks
By Lananh Nguyen NEW YORK (Reuters) – Morgan Stanley’s board will focus on the selection of CEO James Gorman’s successor…
Lordstown Motors gets Nasdaq delisting notice
(Reuters) – Lordstown Motors said on Thursday it had received a delisting notice from the Nasdaq, days after the U.S….
U.S. antitrust regulator plans to target Amazon’s online marketplace – Bloomberg News
(Reuters) -The U.S. antitrust regulator is planning to file a suit targeting Amazon.com’s core online marketplace in the coming weeks,…
Brazil central bank improves 2023 GDP growth forecast to 2.0%
BRASILIA (Reuters) – Brazil’s central bank joined on Thursday a wave of recent upward revisions for the country’s economic growth…
Brazil Finance Minister confirms 3% inflation target in 2024, backs tweaking time frame
SAO PAULO (Reuters) – Brazil’s finance minister has confirmed the country’s monetary council will keep next year’s inflation target at…
Carrefour Brasil bets on know-how to expand small stores operation
By Carolina Pulice MEXICO CITY (Reuters) – Grupo Carrefour Brasil launched a franchise model of convenience stores in the Brazilian…
Ferrari launches two hybrid models in limited series based on SF90 supercar
MILAN (Reuters) – Luxury sports automaker Ferrari on Thursday unveiled two new plug-in hybrid models, produced in limited series and…
Fed turns screw, Micron pops
A look at the day ahead in U.S. and global markets from Mike Dolan Emboldened by still-punchy U.S. economic activity,…