Kering in talks to sell beauty business to L’Oréal for $4B: report
Kering SA, the French luxury conglomerate and parent company of Gucci, is in advanced discussions to sell its beauty division to L’Oréal in a deal that could value the unit…
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Weekly wrap: US shutdown drags on, Trump touts cease-fire success
This week brought a mix of political stalemate, global diplomacy, and market unease as Washington remained mired in a prolonged government shutdown, President Donald Trump took a victory lap over…
ZION stock: why the pullback in this regional bank is vastly overdone
Zions Bancorporation (NASDAQ: ZION) nosedived this week after reporting a $50 million write-off tied to fraudulent loans. The sell-off wiped over $1 billion off its market cap in recent sessions.The…
Europe bulletin: BBC under fire, Mango death reopened, UK banks slide
A turbulent Friday across Europe as the BBC faces a formal rebuke from Ofcom over a “misleading” Gaza documentary, Spanish police reopen the Mango founder’s death as a homicide case,…
Jefferies accuses First Brands of fraud: what the allegation means
Jefferies has publicly accused auto-parts firm First Brands Group of defrauding one of its funds, a sharp escalation in a story that has roiled credit markets and left investors scrambling…
Why Hims & Hers stock is failing to retain menopause gains and what comes next?
Hims & Hers Health Inc (NYSE: HIMS) started this week on a positive note after announcing its expansion into menopause-related treatments – a large and underserved market.However, the rally is…
Why Oracle stock tanked over 6% on Friday
Oracle stock (NYSE: ORCL) tumbled 6.5% on Friday, wiping billions from the market value of the enterprise software giant as investors parsed the company’s long-term AI and cloud ambitions against…
Europe markets open: Stoxx 600 tumbles 1.5% as a US banking crisis spreads
A powerful wave of fear, born in the troubled world of US regional banking, has crossed the Atlantic, sending European markets into a sharp and brutal retreat on Friday. The…
Why M&S pulled its milk chocolate honeycomb from UK shelves
Marks & Spencer (M&S) has recalled one of its popular confectionery items — the Milk Chocolate Honeycomb — after discovering it may contain undeclared peanuts. The recall, issued in coordination…
DAX Index shares to watch next week: SAP, BASF, Porsche
The DAX Index has remained in a tight range in the past few weeks as the recent bull run faded. It was trading at €23,766, down a bit from the…