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…
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…
Why Hungary may have to pull strings to allow Putin to meet Trump in Budapest
Hungary has suddenly found itself at the center of an massive diplomatic project: hosting a high-stakes meeting between US President Donald Trump and Russian President Vladimir Putin that both sides…
Trump calls 100% tariff on Chinese goods ‘not sustainable’ ahead of Xi meeting
US President Donald Trump said on Friday that his proposed 100% tariff on Chinese goods was not meant to be permanent.He described the decision as unsustainable in the long term…
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,…
Trump says he may meet Xi, repeats claim about India’s plan to stop Russian oil
President Donald Trump signaled on Friday that he may meet Chinese leader Xi Jinping within weeks and reiterated his controversial assertion that India will stop buying Russian oil.The latest remarks…
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…