French police working with EU on luxury antitrust probe

[ad_1] LONDON, April 21 (Reuters) – French police are involved in an ongoing investigation relating to a probe by EU antitrust regulators into possible violations by European luxury companies, a…

LVMH shares edge higher as sales and profits rise

[ad_1] PARIS, July 27 (Reuters) – LVMH’s (LVMH.PA) shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of…

European stocks close at two-week highs on Ukraine peace talks

[ad_1] Prosus rebounds from record lows Fed decision due at 1800 GMT EQT surges on BPEA buyout deal March 16 (Reuters) – European stocks closed at over two-week highs on…

L’Oreal sees post-pandemic ‘roaring 20s’ driving cosmetics rebound

[ad_1] PARIS, Feb 12 (Reuters) – L’Oreal (OREP.PA), the world’s biggest cosmetics group, forecast a strong rebound in makeup sales when the COVID-19 pandemic gives way to a “roaring 20s”…

Italy’s Campari builds up bourbon business with $600 million Kentucky deal

[ad_1] MILAN, Oct 31 (Reuters) – Italian spirits group Campari (CPRI.MI) said on Monday it had reached an agreement to buy an initial 70% stake in Wilderness Trail Distillery for…

Factbox: Which companies are affected by SVB collapse?

[ad_1] March 13 (Reuters) – Startup-focused lender SVB Financial Group (SIVB.O) last week became the largest bank to fail since the 2008 financial crisis, sending ripples across the globe as…