Who is Burberry's new CEO and luxury veteran Joshua Schulman?
British luxury brand Burberry named Joshua Schulman as its new CEO on Monday after warning on profit and scrapping its dividend payment for this year.
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British luxury brand Burberry named Joshua Schulman as its new CEO on Monday after warning on profit and scrapping its dividend payment for this year.
Spain's economy is on track to grow 2.4% this year and 2.2% in 2025, more than initially expected, following strong data during the first half of 2024, Economy Minister Carlos
Goldman Sachs on Monday lowered its forecast for China's 2024 gross domestic product to 4.9% from 5.0% after data showed that the country's economy had slowed in the second quarter.
China's industrial output rose 5.3% in June from a year earlier, slowing from 5.6% in May, as sluggish domestic demand continued to weigh on the country's patchy economic recovery.
Property investment in China fell 10.1% in the first half of 2024 from a year earlier, matching a figure in January-May, suggesting the sector is still not out of the woods despite
China's central bank left a medium-term rate unchanged as expected on Monday when rolling over maturing medium-term loans.
China's new home prices in June fell at the fastest clip in nine years while property sales and investment slumped, increasing pressure on policymakers
Four Australian banks will give back a total of A$28 million ($18.95 million) to low-income customers, after a review by the corporate regulator found these customers had been kept in high-
Argentina's economy ministry said on Sunday it will purchase just over $1.5 billion from the central bank to pay the total interest on the country's "Globales" and "Bonares"
Kuwait's budget is projected to show a deficit of 5.6 billion dinars ($18.33 billion) for the 2024-2025 fiscal year, with expenses estimated at 24.5 billion dinars and revenues at
Goldman Sachs has lodged an appeal with the U.S.
China's Vice Minister of Commerce Wang Shouwen met the chief executive officer of Walmart Inc, Kathryn McLay, on Friday, the commerce ministry said in a statement.
Hyundai Motor and a union representing its South Korean workforce on Saturday sealed a wage deal that will boost annual pay by about 4.65%, the union said, avoiding a strike in the
Executives from top U.S. banks remained divided over the U.S.
The International Monetary Fund will provide Papua New Guinea with immediate access to about $125 million, the IMF said in a statement on Friday following its executive board's
Arbor Realty Trust is being probed by federal prosecutors and the Federal Bureau of Investigation in New York months after short sellers attacked the lender's practices and disclosures,
Wall Street banks reported a healthier pipeline for deals and a jump in investment banking activity in quarterly earnings on Friday, but also cited some headwinds and reasons for caution.
U.S. grains merchant Bunge and Glencore-backed Viterra have offered to sell assets in two European Union countries in a bid to secure EU antitrust clearance for their $34 billion
China's central bank is determined to maintain a normal upward-sloping yield curve and correct bond-market risks, the bank-backed Financial News reported late on Friday, citing
The Dow Jones Industrial Average scaled an intraday record high on Friday, playing catch-up with two other main U.S. indexes in recent broad-based market gains.
U.S. consumer sentiment ebbed in July, but inflation expectations over the next year and beyond improved, a survey showed on Friday.
The yen jumped briefly against the dollar on Friday, putting traders on alert for signs of fresh intervention by Japanese authorities, who likely stepped in the previous day to prop
U.S. equity funds faced their first weekly outflow in three weeks in the seven days to July 10 as caution and profit-taking took hold ahead of the new earnings season.
Airbus has launched a programme of cost cuts and a freeze on overall headcount to shore up performance at its core planemaking business in 2024 and beyond, weeks after
Unilever plans to cut a third of all office roles in Europe by the end of 2025 as a part of a push by the CEO to revive growth at the consumer goods