Watches of Switzerland Group Plc shares jumped after the biggest retailer of Rolex watches in the UK said demand for luxury timepieces is still solid despite price increases by some of the biggest brands.
French supermarket operator Casino Guichard-Perrachon warned that second-quarter sales plunged at its biggest stores and earnings will be below expectations, adding urgency to the company’s efforts to restructure its debt.
Nomura Holdings Inc. is making a renewed push into the European equities business seven years after pulling back from much of the trade, signaling a wider expansion amid a slide in profit.
Dapper Labs Inc., creator of the NBA Top Shot marketplace for nonfungible tokens, announced further jobs cuts amid a downturn in demand for digital collectibles.
Swatch Group AG warned that currency shifts will weigh on sales this year as the Swiss franc trades at an eight-year high against the dollar.
India, the world’s biggest rice shipper, is considering banning exports of most varieties, a move that may send already lofty global prices higher as the disruptive El Niño weather pattern returns.
Commerce Secretary Gina Raimondo was among the US officials whose emails were breached in a hack of government accounts that Microsoft Corp. has said originated from China, according to a person familiar with the matter.
Tesla Inc. will start selling a Cybertruck-inspired electric quad bike in China from Friday, priced at 11,990 yuan ($1,670) and aimed at 8 to 12 year olds.
ED&F Man’s short-lived embrace of dividend arbitrage made the company millions — and dragged it into a slew of litigation
Remote work risks wiping $800 billion from the value of office buildings in major cities, highlighting the potential losses that landlords are facing from post-pandemic changes in employment trends.
