Marketmind: A heavy dose of tech, banks & politics
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The top-tier Asian…
Business
Tiffany unveils revamped New York flagship, showcasing new look
By Mimosa Spencer NEW YORK (Reuters) – Tiffany & Co. lifted the lid on its newly renovated New York city…
Vietnam EV maker VinFast secures $2.5 billion in fresh funding pledges
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle maker VinFast said on Wednesday it had received a fresh round of…
Barbie maker Mattel swings to loss as retailers cut orders, costs rise
By Granth Vanaik (Reuters) -Mattel Inc posted a bigger-than-expected loss for the first quarter on Wednesday as it grappled with…
Reckitt names Kris Licht as CEO, beats sales estimates
By Richa Naidu LONDON (Reuters) -Reckitt Benckiser has named company insider Kris Licht as CEO designate to succeed Nicandro Durante,…
Raymond James profit misses estimates as deals drought extends
(Corrects dateline, day in paragraph 1, typo in headline) (Reuters) – Raymond James Financial Inc missed Wall Street estimates for…
C.H. Robinson misses quarterly estimates on softening freight demand
(Reuters) – C.H. Robinson Worldwide Inc missed Wall Street expectations for quarterly sales and profit on Wednesday, as the logistics…
Hermes settles Skechers patent lawsuit over shoe soles in New York
By Blake Brittain (Reuters) – French luxury fashion house Hermès International SCA has settled a lawsuit brought by Skechers USA…
Roku forecasts robust second-quarter revenue as some ad spending improves
(Reuters) -Roku Inc forecast second-quarter revenue above Wall Street estimates on Wednesday on optimism that increased cord-cutting and a broader…
First Republic plumbs new lows, options dwindle
By Nupur Anand, Saeed Azhar and Niket Nishant (Reuters) -First Republic Bank’s market value plunged again on Wednesday as investors…