Kering sales edge up 1%, lagging rivals
By Silvia Aloisi PARIS (Reuters) – Sales at French luxury group Kering rose by just 1% in the first quarter,…
Business
First Republic Bank exploring up to $100 billion in asset sales – Bloomberg News
(Reuters) – Troubled lender First Republic Bank is exploring an asset sale of up to $100 billion, Bloomberg News reported…
Mexico’s Volaris expects to operate under top safety rating in Q4 – CEO
MEXICO CITY (Reuters) – Mexican airline Volaris expects to operate under the U.S. Category 1 aviation safety rating in the…
Gap to cut hundreds of jobs in new round of layoffs – WSJ
(Reuters) -Apparel retailer Gap Inc is eliminating hundreds of jobs from its global workforce, the Wall Street Journal reported on…
US-led IPEF does not conflict with other trade pacts -USTR’s Tai
TOKYO (Reuters) – U.S. Trade Representative Katherine Tai said on Tuesday the Biden administration’s signature Asian engagement project called the…
After existential crisis, Primark broadens ranges and targets U.S
By James Davey LONDON (Reuters) – In April 2020, budget fashion chain Primark was on its knees, unable to sell…
Main events in E. Jean Carroll’s lawsuit accusing Donald Trump of rape
By Jonathan Stempel NEW YORK (Reuters) -Here is a timeline of former Elle magazine advice columnist E. Jean Carroll’s civil…
UPS tempers 2023 revenue view as freight volumes remain strained
By Priyamvada C (Reuters) -United Parcel Service Inc on Tuesday pegged annual revenue at the lower end of its prior…
Centene long-term forecast allays concerns over Medicare Advantage segment
By Raghav Mahobe and Nandhini Srinivasan (Reuters) -Centene Corp on Tuesday maintained its long-term profit growth targets allaying investor concerns…
3M to cut 6,000 roles globally as weak consumer electronics demand bites
By Kannaki Deka (Reuters) – 3M Co will cut about 6,000 positions globally in a second round of lay-offs this…