MILAN (Reuters) – Sales at Italian luxury goods group Salvatore Ferragamo dropped by 8.1% at constant currencies last year, prompting Chief Executive Marco Gobbetti to …
BERLIN (Reuters) – Volkswagen’s works council is demanding more information on a cost-cutting and efficiency drive being drawn up for the automaker’s main passenger car …
ANKARA (Reuters) – President Tayyip Erdogan said on Wednesday Turkey will lower its inflation rate to “single digits” with the support of “tight monetary policy” …
SHANGHAI (Reuters) -Chinese electric-vehicle maker Xpeng forecast sharp growth in deliveries in the second half of the year thanks to its new model that is …
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. rate futures on Wednesday priced in a pause in interest rate hikes by the Federal Reserve at …
By Marc Jones LONDON (Reuters) – Hopes among investors of a surge in Turkish markets evaporated on Monday after long-standing President Tayyip Erdogan took a …
(Reuters) – Walt Disney Co’s quarterly revenue growth is expected to hit its lowest in nearly two years, underlining the hurdles that Chief Executive Bob …
By Casey Hall SHANGHAI (Reuters) -A potential 500 million euro ($551 million) write-off on unsold Yeezy shoes is a headache for Adidas as it looks …
(Reuters) – Lyft Inc’s revenue growth is likely to lag bigger rival Uber Technologies Inc for the sixth straight quarter, with Wall Street eagerly looking …
By Lisa Baertlein LOS ANGELES (Reuters) – The leader of the busiest U.S. seaport on Friday said February’s cargo volume hit the lowest level since …
By Kannaki Deka and Lisa Baertlein (Reuters) – Analysts expect FedEx Corp to post a sharp drop in quarterly profit on Thursday as demand retreats …
(Reuters) – Bed Bath & Beyond Inc said on Wednesday it had raised another $135 million in an equity offering and was in the process …
By Kannaki Deka (Reuters) – Peloton Inc’s efforts to get its operations back in shape should help it slow cash burn and post a smaller …
By Oliver Hirt and Carolina Mandl ZURICH/NEW YORK (Reuters) – Swiss lender Credit Suisse Group AG, battered by scandals and losses, is racing through a …
MADRID (Reuters) – Wind turbine maker Siemens Gamesa plans to cut 2,900 jobs, mostly in Europe, as part of a plan to return to profitability, …
LISBON – The restructuring at Portuguese airline TAP, designed to bring it back to profit in the next few years, is on track despite soaring …
– Shares of Snap and Pinterest surged in extended trading on Thursday following strong quarterly reports, and Twitter also jumped, marking a massive reversal from …