Kering frustrated with slow progress in cosmetics development
Gucci-owner Kering's chairman Francois-Henri Pinault said on Wednesday the company was frustrated with the slow pace of progress in cosmetics development with license holder Coty .
Gucci-owner Kering's chairman Francois-Henri Pinault said on Wednesday the company was frustrated with the slow pace of progress in cosmetics development with license holder Coty .
The Secure Act of 2019 eliminated many of the advantages the so-called stretch IRA offered heirs inheriting an individual retirement account, but a Roth IRA conversion can ease some of the pain.
Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp's lift division with rival Kone , board member Alfred Schindler told Reuters.
Chemicals giant BASF on Wednesday picked a site in the eastern German state of Brandenburg for its second European battery materials factory, part of a one million euro investment plan to benefit from a growing electric vehicle market.
Big investors who are critical to SoftBank Group's plans for a second massive technology investment fund are refusing to take part unless the first $100 billion Vision Fund can turn around its performance, sources familiar with the talks told Reuters.
Google defended its business model on Wednesday, saying that making innovative products was at its core rather than helping rivals, as it sought to overturn a 2.4-billion-euro ($2.6 billion) EU antitrust fine at Europe's second-highest court.
World markets started shrugging off the worst of the coronavirus impact last week and stock markets have since reached record highs. China's announcement that new cases of the so-called COVID-19 detected on Tuesday were at their lowest since Jan 30 has only consolidated those gains.
The S&P 500 and the Dow Jones Industrials hit record highs minutes after the open on Wednesday on signs that the coronavirus outbreak is slowing in China.
Nissan Motor Co could be heading for its first quarterly loss in more than a decade, three company sources said on Wednesday, as news emerged the Japanese carmaker is seeking $91 million in damages from ousted former boss Carlos Ghosn.
Shares of Bed Bath & Beyond Inc were on pace for their worst day ever on Wednesday, as disappointing sales numbers raised concerns on Wall Street that the retailer's turnaround would take longer and be much tougher than anticipated.
To get a better sense of what you'll pay out of pocket for college, the first thing families should do is take the time to understand their financial aid letter. What may look like the largest offer might not be the best.
Organisers of the Mobile World Congress (MWC) will decide on Wednesday whether to cancel the event, two sources said, after several major European telecom companies pulled out due to the coronavirus outbreak.
Oil prices rose 3% on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover.
French train maker Alstom's board will meet on Wednesday evening to decide on a possible offer for the rail business of Canada's Bombardier , a source familiar with the situation told Reuters.
Vodafone , the world's second largest mobile operator, said it was pulling out of Barcelona's Mobile World Congress because of the coronavirus outbreak, joining an exodus of major European players on Wednesday.