[ad_1] PARIS (Reuters) – Moet Hennessy, LVMH’s wines and spirit unit, said on Friday it had acquired a 55% stake in Chateau d’Esclans, a rose wine producer in the scenic Var region of southeastern France.
LVMH buys into luxury rose wine
Yes Bank seeks up to $2 billion in preferential new share issue
[ad_1] MUMBAI/BENGALURU (Reuters) – Yes Bank Ltd (YESB.NS) aims to raise up to $2 billion in a massive issue of new shares to institutional investors and wealth managers as it soaks up the impact of
Global funds raise stock allocations at the expense of cash: Reuters poll
[ad_1] BENGALURU (Reuters) – Global funds recommended switching cash back into equities in November as stocks worldwide rose to near record highs despite a lack of clarity over how, when, or if a truce will
Daimler to axe at least 10,000 jobs in latest car industry cuts
[ad_1] FRANKFURT (Reuters) – Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles
Dollar loses steam, set to end weak flat amid trade uncertainty
[ad_1] NEW YORK (Reuters) – The dollar gave up early gains to trade slightly lower on the day against a basket of currencies on Friday as a still unsigned partial U.S.-China trade deal kept investors
China’s factory activity unexpectedly returns to growth in November
[ad_1] BEIJING (Reuters) – Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth. Employees
Stocks dip as trade worries halt record rally, dollar falls
[ad_1] NEW YORK (Reuters) – Oil prices slumped and a gauge of global equity markets on Friday edged away from an all-time high it nearly breached earlier in the week as doubts simmered over the
China November factory activity unexpectedly returns to growth
[ad_1] BEIJING (Reuters) – Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth. Employees
Wall Street Weekahead: Investors expect international stocks to outperform U.S. in 2020
[ad_1] NEW YORK (Reuters) – Even though the U.S. stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly 25% for the year, investors appear to be looking elsewhere
Musk’s defamation trial over ‘pedo guy’ tweet is narrowed
[ad_1] (Reuters) – The British cave explorer who sued Tesla Inc’s (TSLA.O) Elon Musk for branding him “pedo guy” in a tweet has narrowed his defamation case against the electric car maker’s chief executive, and