Zara Owner Inditex’s Shares Fall After a Rare Summer Stumble
Inditex SA’s sales growth eased over the summer, disappointing investors who’ve grown accustomed to outperformance by the owner of the Zara fashion chain.
Inditex SA’s sales growth eased over the summer, disappointing investors who’ve grown accustomed to outperformance by the owner of the Zara fashion chain.
GIC Pte is “doubling down” on some sectors in China as the country remains investable, even if it has become hard to make top-down allocations, according to the Singaporean sovereign wealth fund’s chief executive officer.
Venice has approved a €5 ($5.4) daily entrance fee in a bid to regulate the hoards of tourists that visit the historic lagoon city and try to protect its delicate ecosystem and cultural heritage.
Kingspan Group Plc said early talks with Carlisle Cos. of the US about a potential deal have ended after news that the Irish company proposed creating a materials giant with a combined market value of almost $30 billion.
Novo Nordisk A/S shares fell on Wednesday in the first trading session following a split aimed at increasing the liquidity of the Danish drugmaker’s soaring stock.
The board fired CEO Lee Trink following a steep decline in the shares
Shawn Fain, the president of the United Auto Workers, and Carlos Tavares, CEO of Jeep maker Stellantis NV, agree on at least one thing: The auto giant has a hard time getting some US factory workers to show up for their shifts.
Shrinking populations could actually be good for the world’s richest nations, according to a paper that examined the impact of the UK’s expected demographic slump and counters conventional wisdom.
The euro area began the second half of the year with a monthly slump in industrial production, adding to signs that manufacturing will keep weighing on economic growth.
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