JD Sports shares slump 13% on profit warning A JD sports store seen in London famous Oxford street. Sopa Images | Lightrocket | Getty Images Shares of British sports retailer JD Sports fell 13% in opening trade after it warned that its annual profit would come in at the lower end of its guidance following…
European markets are expected to open higher Wednesday as markets keep an eye on a spike in tensions in the Ukraine-Russia war. The U.K.’s FTSE 100 index is expected to open 4 points higher at 8,106, Germany’s DAX up 46 points at 19,108, France’s CAC up 23 points at 7,252 and Italy’s FTSE MIB up 118…
Robin Niblett is a distinguished fellow with London-based think tank Chatham House, where he was director and chief executive from 2007 to 2022. A leading expert on the relations between Europe, the United States and Asia, he is the author of The New Cold War: How the Contest Between the US and China Will Shape…
European markets moved higher Thursday as traders assessed the global inflation outlook and the possible trajectory of central bank rate cuts. The pan-European Stoxx 600 was up 0.5% in early deals, with the majority of sectors and major bourses trading in the green. Tech stocks led gains, up 1.72%, while household goods ticked 0.36% lower….
European stocks are expected to open positive territory Wednesday, with global markets focused on upcoming U.S. inflation data. The U.K.’s FTSE 100 index is expected to open 36 points higher at 8,056, Germany’s DAX up 38 points at 19,081, France’s CAC up 11 points at 7,356 and Italy’s FTSE MIB up 68 points at 33,335, according…
The South Africa-born billionaire now seems poised to be onboard from the onset of Trump’s second term. In a surprising development, the tech tycoon joined a call between the United States president-elect and Ukraine’s Volodymyr Zelenskyy this week. Barrot is familiar with Musk, having been France’s junior minister for tech when the Tesla owner completed…
This summer, Hideaki Sato closed his fine-dining restaurant Ta Vie in Hong Kong, which received its third Michelin star in 2023, for several weeks, reopening it only at the beginning of September. While done primarily for renovations and redecoration following nine years of almost non-stop operation, another reason for the pause was for the chef…
President-elect Donald Trump‘s recent victory in the U.S. presidential election is part of a larger global trend of anti-incumbency sentiment and populist appeals to voters, as nearly half the world has held elections this year. More than 60 countries have held elections in 2024. Billions of people were faced with a choice to choose their…
China’s luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari Chief Executive Officer Jean-Christophe Babin said. The LVMH-owned jeweler has seen a more visible downturn this year in China at its brick-and-mortar stores versus online channels that can reach more customers including those in smaller cities, Babin added…
Text size French foreign trade minister Sophie Primas on Monday said the window for negotiation with Beijing over tariffs on European brandy was open but warned Paris could take “all possible” measures in response. Beijing in October announced provisional tariffs on European Union brandy imports, part of an escalating trade row between Beijing and Brussels….