Richemont Rises And Signet Falls As Jewelry Market Splinters Between True And Accessible Luxury
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
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Wall Street rally loses steam as European luxury shares advance
Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed ...
De Beers Has the Diamond. Could It Find a Bride?
Facing a $39 billion bid from mining giant BHP Group Ltd, the London-listed company is considering offloading the diamond ...
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Cartier owner posts record sales despite China slump
Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was ...
Global stock index outperforms Wall St, bond yields dip with rates in focus
MSCI's gauge of stocks across the globe rose 2.38 points, or 0.28%, to 849.68. Earlier, Europe's STOXX 600 index closed up ...
Closing Bell: Sensex Ends 423 Points Lower, Nifty At 23,203; Infosys Slips 6%
On Wall Street, major indices declined after their biggest daily percentage gains since the November 6 rally post the US ...
American shoppers wrap up the year in a spending mood, boding well for the U.S. economy
American consumers wrapped up the year in a spending mood, shopping for all sorts of merchandise from furniture to clothing, ...
U.S. Stocks May See Initial Strength As Treasury Yields Extend Pullback
The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to move back to the upside after ...
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Jan 17: Best and worst energy firms revealed; Hamas-held hostages deal; Alpina B8 GT
Best and worst energy firms revealed as customer choice slowly returns Octopus Energy, Utility Warehouse and 100Green have been named the best energy ...
Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks
Richemont reported better-than-expected quarterly sales, triggering a rally in luxury stocks, after its core jewelry division ...
Wall Street banks had a great quarter, and the boom times are just starting
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to ...
Wall Street banks sense opportunity for looser capital rules as Trump ushers in new era
Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big ...