Rolex Seller Sheds $600 Million as Watchmaker Buys Retailer
The UK’s biggest seller of Rolex watches lost nearly a third of its value on Friday after the Swiss brand bought Bucherer AG, taking its first major step into retailing.
The UK’s biggest seller of Rolex watches lost nearly a third of its value on Friday after the Swiss brand bought Bucherer AG, taking its first major step into retailing.
Economists at the world’s biggest lenders have a lot of catching up to do in rewriting forecasts for Turkish interest rates after the central bank blindsided the market on Thursday with an unexpectedly steep hike.
Hyundai Motor Co.’s union workers voted to go on strike for the first time in five years, part of an effort to boost wages and raise the mandatory retirement age as inflation hits the South Korean economy.
Wegovy, the blockbuster weight-loss medication from Novo Nordisk A/S, alleviated heart failure symptoms in patients with obesity, according to a late-stage trial that adds to the drug’s potential benefits.
Corporations relying on carbon credits to support their green claims now face “robust and credible” proof that the vast majority of such securities aren’t fit for purpose, according to a study published in the journal Science.
The socialist leader blasts a racket sport whose growing popularity among the Caracas elite has developers seeking land for new courts
The greenback rallied toward a three-month high as traders mulled the possibility of higher-for-longer interest rates ahead of Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium on Friday.
China has made a number of pledges recently to revive the economy’s recovery and improve the business environment as concerns about the growth outlook continue to mount.
A former Swiss Re AG underwriter who suffered sexist treatment from her boss was awarded almost £1.3 million ($1.64 million) by a London employment tribunal, among the largest court-ordered payouts in the UK in recent years.
A member of Thailand’s influential Shinawatra clan and two leading banking executives are among contenders for the finance minister’s job as Prime Minister Srettha Thavisin picks his team to run Southeast Asia’s second-largest economy.