Shares in LVMH dropped 8% on Tuesday morning after the French luxury giant reported an unexpected fall in first-quarter sales, triggering a sharp reaction across the European luxury sector.LVMH, which owns flagship brands including Louis Vuitton, Moët & Chandon and Hennessy, reported a 3% year-on-year decline in revenue for the…
Singapore has officially entered election season as President Tharman Shanmugaratnam dissolved parliament on Tuesday, acting on the advice of…
In a further escalation to the trade war with the US, China has instructed its airlines to suspend all…
A recently announced pause on steep US tariffs for certain Chinese electronics, including smartphones and laptops, appears to be…
Exporters in India, the biggest supplier of shrimp to the US, say that President Donald Trump’s tariffs could endanger…
The US dollar has been the anchor of the global financial system for decades now. But in recent weeks,…
China’s exports jumped by 12.4% in March, hitting a five-month high as manufacturers raced to ship goods ahead of…
Ageas has agreed to acquire British insurer Esure for £1.3 billion, in a move that will make the Belgian…
Goldman Sachs, a leading global investment bank, has revised its year-end gold price forecast upwards to $3,700 per ounce,…