UK’s Financial Watchdog Says Fund Managers Need to Justify Fees
The UK’s Financial Conduct Authority said asset managers need to justify the fees charged on their funds as
2023-08-10 20:21
Coach Owner to Buy Michael Kors Parent in $8.5 Billion Deal
Tapestry Inc., the owner of brands including Coach and Kate Spade, agreed to acquire Michael Kors parent Capri
2023-08-10 20:17
Stock market today: Wall Street marches higher ahead of new numbers on US inflation and jobs
Wall Street pointed toward gains ahead of a closely watched U.S. inflation report
2023-08-10 20:16
Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
2023-08-10 19:57
UK Weighs Measures to Crimp Investment in China After Biden
The UK is considering whether to follow President Joe Biden’s move to limit US investment in some Chinese
2023-08-10 19:55
Airlines will continue to fly fewer flights to New York and Washington as FAA faces staffing shortages
The federal government is allowing airlines to continue to run reduced flight schedules to major airports serving New York City and Washington in hopes of curbing flight cancellations and reducing the burden on short-staffed air traffic controllers.
2023-08-10 19:48
Big fashion is getting bigger. Parent of Coach will buy Versace owner Capri in $8.5 billion deal
Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings
2023-08-10 19:48
Virgin Galactic all set to fly its first tourists to the edge of space
Virgin Galactic is finally taking its first space tourists on a rocket ship ride after years of delays
2023-08-10 19:24
Mexico’s Industrial Parks Lobby AMLO in Push for Renewables
Industrial parks and warehouse operators in Mexico, desperate for electricity to power their booming operations, are offering to
2023-08-10 18:55
Analysis-Turkish inflation to keep soaring, testing patience with Erdogan's U-turn
By Nevzat Devranoglu and Orhan Coskun ANKARA Turks will get little reprieve from a soaring cost of living
2023-08-10 18:53
No End in Sight to Deadly Cape Town Minibus Taxi Protest
A strike by minibus taxi drivers in Cape Town triggered violence that’s claimed the lives of five people
2023-08-10 18:28
Alibaba’s Sales Beat Estimates in First Step of Comeback Effort
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
2023-08-10 18:22