Sales at French luxury goods group LVMH bounced back far more quickly than expected in early 2021, carried by demand for Louis Vuitton handbags and Dior products as Chinese and U.S. shoppers made the most of an easing of COVID-19 restrictions.
A gauge of global equity markets rose to record highs on Tuesday, led by surging technology-related stocks, as Treasury bond yields eased after U.S. consumer price data for March showed the pace of inflation was not rising wildly.
General Motors Co's marketing and promotional spending will return to normal levels after the COVID-19 pandemic caused that budget to drop last year, the U.S. automaker's top marketing officer said on Monday.
HSBC has banned customers of its online share-trading platform from buying or moving into their accounts MicroStrategy Inc stock, a message seen by Reuters showed, calling it a "virtual currency product".
GameStop Corp is looking for a new chief executive to replace George Sherman as it pivots from a brick-and-mortar video game retailer to an e-commerce firm, three people familiar with the matter said on Monday.
Goldman Sachs Group Inc executives are examining how well the bank navigated several major market events this year that caused extreme volatility, people familiar with the matter told Reuters.
A rebound in growth and technology stocks has investors gauging whether a months-long rally in the shares of banks, energy companies and other economically sensitive names is running on empty or simply refueling.
U.S. producer prices increased more than expected in March, resulting in the largest annual gain in 9-1/2 years and likely marking the start of higher inflation as the economy reopens amid an improved public health environment and massive government aid.
U.S. money market funds saw strong demand for the second week in a row as concerns over higher U.S. bond yields and rising COVID-19 cases in Europe sent investors to safer avenues.
BlackRock and Jean-Pierre Mustier's blank-check firm are among investors expressing interest in Credit Suisse's asset management arm, three sources told Reuters, as the Swiss lender explores options for the unit after a run of costly scandals.
Airlines suspended the use of dozens of 737 MAX jets on Friday after Boeing Co warned them of a possible electrical fault in the production of some planes.
The U.S. Federal Reserve plans to keep its super-easy policy in place even as data shows the economy kicking into higher gear, with policymakers predicting on Thursday that an expected increase in prices this year will fade on its own, and warning about the recent uptick in COVID-19 infections.
Boeing Co said Thursday it had filed a suit against and canceled contracts with a Texas-based supplier for Air Force One, the aircraft that carriers the U.S. president, over delays in completing interior work on the two heavily modified 747-8 planes.
Nike Inc said on Thursday a Brooklyn company that made "Satan Shoes" in collaboration with the rapper Lil Nas X has agreed to voluntarily recall the shoes, as part of a legal settlement with the athletics giant.
A new Avengers-themed area featuring a Spider-Man ride, roaming superheroes and a shawarma food cart will open at Walt Disney Co's Disneyland Resort in California on June 4, the head of the company's parks division said on Thursday.
