Nov 6, 2024 | Markets
He says result is wakeup call for EU to tackle weaknesses Bank of France governor speaks at conference in Lyon, France The election of Donald Trump as the next US president raises risks and uncertainty for the global economy and should encourage Europe to address its...
Nov 4, 2024 | Markets
Financial firms saw profit jump, thanks to stock market rally Other sectors reported steeper earnings drop: China Merchants Chinese earnings returned to growth in the third quarter but a closer look at the numbers reveals a picture that’s far less encouraging. Profits...
Nov 4, 2024 | Markets
Company’s hardware division is researching idea with employees Move signals that Apple aims to follow Meta into new category Apple Inc. is exploring a push into smart glasses with an internal study of products currently on the market, setting the stage for the company...
Nov 4, 2024 | Markets
Central bank releases semi-annual Financial Stability Report Says banks well placed to manage rising loan defaults New Zealand’s central bank said the country is experiencing a pronounced economic downturn that could get worse. “Households have reduced their...
Nov 3, 2024 | Markets
Upmarket brands are scrambling to adjust strategy after being wrongfooted by the rapid downturn in Chinese spending. When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s top brand Louis Vuitton...