L’Occitane Owner Said to Mull Buyout of $4.2 Billion Firm
L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge
2023-07-26 09:53
Oil prices ease after build in U.S. crude stockpiles
By Yuka Obayashi TOKYO Oil prices eased on Wednesday, sliding from three-month highs hit the previous day after
2023-07-26 09:25
Ouster of Xi’s Handpicked Foreign Minister Halts Rising Career
As foreign minister, China’s Qin Gang was expected to usher in an era of diplomacy that would help
2023-07-26 09:19
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:26
Microsoft’s Azure Slowdown Overshadows Optimism About AI Growth
Microsoft Corp. posted tepid quarterly sales growth and forecast a continued slowdown in its Azure cloud-services business, overshadowing
2023-07-26 07:51
San Francisco’s Office Demand Surges, Largely Thanks to AI Companies
The worst of San Francisco’s office pain is showing signs of easing. Demand for offices in the city
2023-07-26 07:45
Asian Stocks Set for Muted Open Before Fed Meeting: Markets Wrap
Asian markets are likely to be subdued Wednesday as investors await the Federal Reserve’s rate decision, with equity
2023-07-26 06:57
Bond Traders Are Placing Even Odds on Post-July Fed Interest Rate Hike
Bond traders are again placing even odds on the prospect that the Federal Reserve’s widely expected interest-rate hike
2023-07-26 02:50
LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
2023-07-26 02:47
TCW to Buy Engine No. 1’s ETF Unit in First Deal for CEO Katie Koch
TCW Group, the asset manager with a long history of managing bond funds, is expanding into exchange-traded funds
2023-07-26 01:20
Lower production in Europe hits global steel output
LONDON Global crude steel production fell 1.1% year on year to 943.9 million metric tons in the first
2023-07-26 00:56
European Stocks on Longest Winning Streak Since Jan; Miners Jump
European shares rose for a sixth straight day, the longest streak since January, as miners rallied on China
2023-07-25 23:47