August 13, 2019

As Barneys struggles, fashion vendors try on alternative channels

When fashion label Prada started demanding greater control over shop floor arrangements in U.S. department stores, Barneys New York, now mired in bankruptcy proceedings, was one […]
August 13, 2019

Oil rises on talk of more OPEC cuts, demand concerns linger

Oil prices edged higher on Tuesday as expectations for major producers to further curtail output offset lingering concerns over global demand and rising U.S. production. Powered […]
August 13, 2019

African Americans underserved by U.S. banks: study

Many African Americans have difficulty accumulating savings in part because they lack access to mainstream financial services like banking, a new study on the contributing factors […]
August 13, 2019

Scout24 to explore sale or spin-off of autos platform

German classified listings group Scout24 said on Tuesday it would explore a sale or spin-off of its autos platform after facing calls from activist investor Elliott […]
August 13, 2019

Exclusive: China central bank official says yuan at right level, disorderly capital flows unlikely

China’s yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at the […]
August 13, 2019

Exclusive: Google’s jobs search draws antitrust complaints from rivals

Google’s fast-growing tool for searching job listings has been a boon for employers and job boards starving for candidates, but several rival job-finding services contend anti-competitive […]
August 13, 2019

Scout24 to explore sale or spin-off of autos portal: CEO

Scout24 will explore the potential sale or spin-off of its autos marketplace, CEO Tobias Hartmann said, responding to activist investor Elliott’s call to sell the business […]
August 13, 2019

Austria’s AMS says looking forward to discussions with Osram

Sensor specialist AMS on Tuesday said it took note of Osram’s willingness to discuss a takeover and was looking forward to discussions. Powered by WPeMatico
August 13, 2019

Reliance shares see biggest intraday rise in decade; rivals hit by disruption worries

Reliance Industries shares saw their biggest intraday rise in a more than a decade on Tuesday, after it set a target to reach zero net debt […]
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