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BUSINESS: MORE

BUSINESS: LATEST NEWS

Kering shares slump after Gucci results

Shares in French luxury goods company Kering fell sharply on Wednesday, after its star fashion brand Gucci grew sales by just 3.8% in the third quarter, missing analyst expectations.

Shares in French luxury goods company Kering fell sharply on Wednesday, after its star fashion brand Gucci grew sales by just 3.8% in the third quarter, missing analyst expectations.

Nestle raises outlook after food price hikes

Nestle has raised its growth outlook for the year on the back of strong coffee sales and price hikes for food products.

Nestle has raised its growth outlook for the year on the back of strong coffee sales and price hikes for food products.

Facebook plans to change its name, says report

Social media giant Facebook Inc is planning to rebrand itself with a new name next week, the Verge reported on Tuesday, citing a source with direct knowledge of the matter.

Social media giant Facebook Inc is planning to rebrand itself with a new name next week, the Verge reported on Tuesday, citing a source with direct knowledge of the matter.

'Squid Game' popularity gives Netflix a boost

Global interest in Netflix Inc's Korean thriller "Squid Game" lured more new customers than expected in the recent quarter and the world's largest streaming service predicted its coming lineup would boost growth through the end of the year. This repo

Global interest in Netflix Inc's Korean thriller "Squid Game" lured more new customers than expected in the recent quarter and the world's largest streaming service predicted its coming lineup would boost growth through the end of the year. This repo

Workers face job losses as vaccine mandates kick in

[NFA] Thousands of unvaccinated workers across the United States are facing potential job losses as a growing number of states, cities and private companies start to enforce mandates for vaccination against COVID-19. Lisa Bernhard produced this repor

[NFA] Thousands of unvaccinated workers across the United States are facing potential job losses as a growing number of states, cities and private companies start to enforce mandates for vaccination against COVID-19. Lisa Bernhard produced this repor

Wall Street rises as investors bet on earnings

U.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate.

U.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate.

P&G to boost prices as costs bite

Procter & Gamble said on Tuesday it will raise prices of some of its grooming, oral and skin care products in the U.S. to counter higher commodity and freight costs that are expected to take a bigger bite out of its earnings this year.

Procter & Gamble said on Tuesday it will raise prices of some of its grooming, oral and skin care products in the U.S. to counter higher commodity and freight costs that are expected to take a bigger bite out of its earnings this year.

Myanmar min: 'sabotage' adding to economic woes

A minister from Myanmar's military junta said authorities are doing their best to revive an economy hit by unrest and the pandemic. But he said 'sabotage' by foreign opponents are also partly to blame. Lucy Fielder has more.

A minister from Myanmar's military junta said authorities are doing their best to revive an economy hit by unrest and the pandemic. But he said 'sabotage' by foreign opponents are also partly to blame. Lucy Fielder has more.

UK strikes green investment deal with Bill Gates

The UK government has struck deal with U.S. billionaire Bill Gates to bring down the cost of new green technologies to help countries meet their climate targets.

The UK government has struck deal with U.S. billionaire Bill Gates to bring down the cost of new green technologies to help countries meet their climate targets.

UK regulator caps Heathrow fee rise

Britain's aviation regulator said that Heathrow, the country's busiest airport, will not be permitted to increase passenger charges as much as it had wanted, as the hub and its airlines vie against each other to recover pandemic losses.

Britain's aviation regulator said that Heathrow, the country's busiest airport, will not be permitted to increase passenger charges as much as it had wanted, as the hub and its airlines vie against each other to recover pandemic losses.

East European designers target luxury shoppers

Designers from Eastern Europe are the latest to aim for a slice of the global luxury goods market, helped by social media, celebrity fans, and a local tradition of textiles craftsmanship.

Designers from Eastern Europe are the latest to aim for a slice of the global luxury goods market, helped by social media, celebrity fans, and a local tradition of textiles craftsmanship.

Ericsson profit beats expectations

Sweden's Ericsson reported third-quarter core earnings above estimates on Tuesday, as strong sales of 5G equipment in most of the world offset a loss of market share in mainland China and a hit from the global supply chain problems.

Sweden's Ericsson reported third-quarter core earnings above estimates on Tuesday, as strong sales of 5G equipment in most of the world offset a loss of market share in mainland China and a hit from the global supply chain problems.

Amazon accused of possibly lying to Congress

Five members of the U.S. House Judiciary committee wrote to Amazon's chief executive Sunday, and accused the company's top executives, including founder Jeff Bezos, of either misleading Congress or possibly lying to it about Amazon's business practic

Five members of the U.S. House Judiciary committee wrote to Amazon's chief executive Sunday, and accused the company's top executives, including founder Jeff Bezos, of either misleading Congress or possibly lying to it about Amazon's business practic

Nasdaq, S&P rally but inflation fears linger

The S&P 500 and the Nasdaq rallied on Monday ahead of tech earnings but the Dow faltered on a Disney downgrade and worries about the Chinese economy. Conway G.

The S&P 500 and the Nasdaq rallied on Monday ahead of tech earnings but the Dow faltered on a Disney downgrade and worries about the Chinese economy. Conway G.

Apple unveils new MacBooks, AirPods

Apple Inc on Monday launched two new MacBook Pro models powered by new in-house Apple Silicon chips as well as a new generation of its AirPods wireless earbuds and a $5-per-month music subscription service. This report produced by Tamara Lindstrom.

Apple Inc on Monday launched two new MacBook Pro models powered by new in-house Apple Silicon chips as well as a new generation of its AirPods wireless earbuds and a $5-per-month music subscription service. This report produced by Tamara Lindstrom.

Tight U.S. job market triggers strikes for more pay

[NFA] Thousands of unionized workers are striking across the U.S., demanding higher pay, as rising prices and labor shortages squeeze American employers. This report produced by Zachary Goelman.

[NFA] Thousands of unionized workers are striking across the U.S., demanding higher pay, as rising prices and labor shortages squeeze American employers. This report produced by Zachary Goelman.