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,…
Europe
Factbox-Who is Russia’s ‘General Armageddon’ Surovikin, missing since mutiny?
(Reuters) – Army General Sergei Surovikin, nicknamed “General Armageddon” by the Russian media for his reputed ruthlessness, is among senior…
Greek leftist leader Tsipras resigns as Syriza party leader
ATHENS (Reuters) -Alexis Tsipras, the one-time leftist firebrand who stormed to power on an anti-austerity agenda in Greece in 2015,…
Junk-rated borrowers’ interest bill hits 13-year high- S&P
By Naomi Rovnick LONDON (Reuters) – Debt interest rates paid by the world’s riskiest corporate borrowers have reached the highest…
Analysis-Where are Russia’s top generals? Rumours swirl after mercenary mutiny
By Andrew Osborn LONDON (Reuters) -Russia’s most senior generals have dropped out of public view after a failed mercenary mutiny…
EU leaders push to fund Ukraine with proceeds from Russia’s frozen assets
By Jan Strupczewski BRUSSELS (Reuters) – European Union leaders will push senior officials on Thursday to find legal ways to…
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,…
Analysis-‘Show us the money’: Canada pressured by allies to up military spending
By Steve Scherer OTTAWA (Reuters) – Canada is expected to boost military spending after a government review next month, but…
Swedish central bank chief says skeptical of currency intervention
STOCKHOLM (Reuters) – The Swedish central bank’s decision to asses the possibility of hedging a portion of foreign exchange reserve…