Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
Welcome to the Wall Street Week newsletter, bringing you stories of capitalism about things you need to know, but even more ...
Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?
Han Youngsoo chronicled the postwar transformation of mid-century Seoul, complicating popular depictions of that era as one ...
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday ...
Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was ...
Higher rates are dimming hopes for a recovery in the sluggish housing market. The central bank expects to be the first among major monetary authorities to unwind pandemic-era asset purchases.
Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed ...
NEW YORK/LONDON >> MSCI’s global equities gauge rose today, while Wall Street stocks dipped and U.S. Treasury yields fell after a mixed bag of economic data and Federal Reserve officials’ comments ...
Morgan Stanley beats earnings expectations amid strength in its equity and bond businesses. Bank of America CEO Brian Moynihan said the bank turned in a "strong" fourth quarter. The company employs 90 ...
Luxury stocks rally globally amid signs of recovery in demand - Watches of Switzerland and Burberry’s share prices climbed ...
European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak ...