Mars Pounces on Hotel Chocolat: The London Rush
Hi, I’m Gabi from Bloomberg's UK Breaking News team, bringing you the corporate updates making waves this morning.
2023-11-16 17:59
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:56
Fink, Schwarzman Get Coveted Seats at Xi’s Dinner Table in US
BlackRock Inc.’s Larry Fink and Stephen Schwarzman of Blackstone Inc. were among the top US executives seated at
2023-11-16 14:47
US Makes Biggest Seizure of Knock-Off Luxury Items at $1 Billion
Federal prosecutors said they made the biggest-ever US seizure of fake designer handbags, shoes and other items —
2023-11-16 08:16
Gucci Handbags Disappoint at Auction as Luxury Fervor Cools
An auction of rare Gucci handbags disappointed at Christie’s, a sign that robust demand for high-end purses is
2023-11-15 23:53
Russia’s Key Economic Sectors Shrug Off Sanctions
Key sectors of Russia’s economy are adapting and in some cases completely rebounding from unprecedented international sanctions imposed
2023-11-15 20:57
Nigeria Inflation Hits 18-Year High, Puts Rate Hike on Table
Nigerian inflation quickened to a new 18-year high in October as higher input costs and a weaker naira
2023-11-15 20:16
Japan Monthly Tourism Numbers Return to Pre-Covid Level
More tourists came to Japan in October than in the same month in 2019 before the pandemic, a
2023-11-15 16:22
Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Global luxury retailers counting on wealthy Chinese shoppers to raise their sales might be dismayed by recent reports
2023-11-15 12:25
Ken Griffin Says He’ll Decide Soon About Supporting Nikki Haley
Citadel founder Ken Griffin says he is close to making a decision about financially backing Nikki Haley’s presidential
2023-11-15 03:59
European Stocks Jump as US CPI Data Bolsters Peak Rates View
European equities soared to a one-month high boosted by real estate stocks after latest data showed US inflation
2023-11-15 02:48
Britons Still Have £280 Billion of Excess Savings, Fitch Says
UK households are still sitting on £280 billion ($349 billion) of “excess savings” accumulated during the pandemic, according
2023-11-15 02:47