Investing

Walt Disney reported fourth-quarter earnings that surpassed Wall Street’s expectations, largely driven by the blockbuster success of Marvel’s latest summer hit, Deadpool & Wolverine. The R-rated superhero film not only…

Capri Holdings Ltd (NYSE: CPRI) has mutually agreed with Tapestry Inc (NYSE: TPR) to terminate the planned merger that would have combined six luxury brands into one fashion giant. The…

British luxury fashion giant Burberry has embarked on a £40 million cost-saving programme as part of a comprehensive turnaround strategy unveiled by its new chief executive, Joshua Schulman. Appointed in…

Meta Platforms Inc (NASDAQ: META) is in focus after the European Commission fined it a staggering €797.72 million ($840.24 million) over anti-competitive practices related to the Facebook Marketplace. The tech…

DENVER (Reuters) -Exxon Mobil will cut nearly 400 jobs in Texas following its purchase of shale producer Pioneer Natural Resources (NYSE:PXD), according to a regulatory filing. The company will cut…

WASHINGTON (Reuters) – High union wage settlements and the possibility of coming tariff increases are among the uncertainties that could make U.S. Federal Reserve officials more cautious about thinking they…

FRANKFURT (Reuters) – A European Central Bank rate cut last month was seen as an insurance move against unexpectedly low inflation but policymakers appear divided on the risk of excessively…

(Reuters) – Futures tied to the Federal Reserve’s policy rate edged down after data showed wholesale prices firmed a little more than expected last month, though not enough to suggest…

(Reuters) -Tapestry said on Thursday it was terminating its $8.5 billion bid for Michael Kors owner Capri after a legal hurdle last month, ending their effort to create a U.S.…