By Mimosa Spencer PARIS (Reuters) – Louis Vuitton men’s creative director, Pharrell Williams, drew his audience to a rear courtyard of the Louvre Museum after dark on Tuesday for a fall-winter catwalk show, kicking off Paris Fashion Week with a line-up of jazzed up streetwear. Models strode around the set to marching music, parading chunky …
Pharrell Williams teams with Nigo for Vuitton show at the Louvre Read More »
By Jesús Aguado MADRID (Reuters) -Spain’s Banco Sabadell is planning to hold an extraordinary board meeting shortly to move its headquarters back to Catalonia, two sources with knowledge of the matter said on Tuesday evening. “The board meeting could be held as soon as Wednesday,” one of the sources said. The meeting could also take …
Sabadell to hold board meeting to move headquarters back to Catalonia, sources say Read More »
By Stine Jacobsen COPENHAGEN (Reuters) -Shares in European wind power companies fell on Tuesday after U.S. President Donald Trump suspended offshore leasing for wind on his first day in office, adding to pain in an industry that had turned to the U.S. to help revive its fortunes. The global offshore wind industry has struggled to …
Trump halt on offshore wind power leases hits European companies Read More »
By Sinead Cruise and Lawrence White DAVOS, Switzerland (Reuters) – JPMorgan Chase & Co bankers worked through the night in a “war room” to assess the impact of U.S. President Donald Trump’s inauguration-day executive orders, while global markets braced for volatility following his return to the White House. Trump revoked nearly 80 executive actions by …
Banks running Trump ‘war rooms’ as bosses prepare for trade ructions Read More »
(Reuters) – Barclays’ global head of securitised products Scott Eichel is leaving, the bank’s spokesperson said on Tuesday. “After seven years of delivering solid progress against our strategy, Scott Eichel will be stepping down from his role… and will be taking some much-deserved personal time off,” the spokesperson said in a statement to Reuters. Eichel …
Barclays’ head of securitized products Eichel steps down Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) – Andrew Borek will become the head of Institutional Shareholder Services’ special situations research group where he will weigh in on critical corporate issues ranging from mergers to who sits on a board, the proxy advisory firm said on Tuesday. ISS promoted Borek to succeed Cristiano Guerra, who headed …
(Reuters) – Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday and said it expected 2025 to remain challenging, according to a note by Bernstein Research analysts. The investor call was held before a closed period on company information before annual results scheduled for March …
Porsche confirms 2024 earnings outlook in investor call, analyst’s note says Read More »
LONDON (Reuters) -Adidas reported what it said were better than expected preliminary fourth-quarter results on Tuesday, with strong sales and profitability for the important holiday shopping period, sealing a successful turnaround year. The German sportswear brand focused in the past year on fuelling a trend for its retro multicoloured, three-striped shoes like the Samba and …
Adidas seals turnaround year with strong fourth-quarter sales Read More »
LONDON (Reuters) – British government borrowing costs fell on Tuesday to their lowest since before the start of this month’s selloff as investors on both sides of the Atlantic breathed a sigh of relief about Donald Trump’s first moves as U.S. president. Thirty-year gilt yields – which were hit hardest in this month’s selloff – …
UK borrowing costs return to pre-selloff levels on Trump relief Read More »
LONDON (Reuters) – Britain’s deputy finance minister Darren Jones said on Tuesday the government would conduct the first zero based review of spending in 17 years. Financial support will only be made available to departments that have met requirements set out in the zero based government spending review, Jones said. “Funding from the Treasury to …
UK to conduct zero based review on government spending, deputy finance minister says Read More »
