NEW YORK (Reuters) – French luxury goods giant (LVMH.PA) is not asking to renegotiate its $16.2-billion acquisition of U.S. jewelry chain Tiffany & Co (TIF.N) after deliberating whether to do so, people familiar with the matter said on Friday. LVMH CEO Bernard Arnault had been […] LONDON (Reuters) – Tim Davie was appointed the new head of the BBC on Friday, tasked with securing the future direction and financing of the publicly funded British broadcaster in the wake of government scepticism of the current model. Davie, currently chief executive of BBC […] LONDON/SYDNEY (Reuters) – World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe’s stimulus boost, fuelling hopes for a global rebound. Investors are pricing in an economic recovery despite data showing the severe damage […] SYDNEY (Reuters) – Asian stocks extended gains on Friday and were poised for their biggest weekly rise since 2011 while the euro hit a 1-1/2 month high as Europe’s central bank surprised with more stimulus, fuelling hopes for a global rebound. In a sign the […] WASHINGTON (Reuters) – The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis. The Labor Department’s closely watched monthly employment report […] WASHINGTON (Reuters) – The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis. The Labor Department’s closely watched monthly employment report […] Aston Martin Lagonda has announced plans to cut up to 500 jobs as the luxury carmaker gears up for a turnaround plan aimed at restoring profitability amid plunging sales. The company, which secured new investment earlier this year after struggling since a flotation in 2018, […] MOSCOW (Reuters) – Russia’s Rosneft (ROSN.MM), which closed its oil trading arm after sanctions were imposed by U.S. authorities in February, has set up a new Geneva-based trading business, four trading sources familiar with the matter said. The new business, Energopole SA, will take on […] BENGALURU (Reuters) – A fading of the U.S. dollar’s allure will continue as global funding strains ease, but a majority of analysts polled by Reuters said there was a high risk that the U.S.-China trade standoff will renew safe-haven bets in the next six months. […] WASHINGTON/HAVANA (Reuters) – The Trump administration expanded on Wednesday its list of Cuban entities that Americans are banned from doing business with to include the financial corporation that handles U.S. remittances to the Communist-run country. Military-owned Fincimex is the main Cuban partner of foreign credit […]
LVMH backs down on renegotiating Tiffany deal, sources say
BBC appoints Tim Davie as new boss to negotiate future finance model
Global stocks and euro surge ahead of U.S. jobs data
Asian stocks set for best weekly gain in nine years, U.S. jobs eyed
U.S. unemployment rate seen near 20% as COVID slams jobs market again in May
U.S. unemployment rate seen near 20% as COVID slams jobs market again in May
Coronanvirus: Aston Martin plans to cut 500 jobs under turnaround plan
Exclusive: Rosneft replaces sanctioned trading arm with new one – sources
U.S. dollar's shine fading, but risk high of rush to safe havens: Reuters poll
On Raul Castro's birthday, U.S. threatens Cuba remittances
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