Business Risk

American Exchange Group snaps up womenswear brand Venus

American Exchange Group snaps up womenswear brand Venus American Exchange Group acquires womenswear brand Venus, adding to its portfolio of fashion and lifestyle brands like Aerosoles and Jonathan Adler.

Good Bad Billionaire

BBC Sounds - Good Bad Billionaire - Available Episodes Listen to the latest episodes of Good Bad Billionaire on BBC Sounds

First-time buyers spending 40% of pay on mortgages

First-time buyers spending 40% of pay on mortgages The Nationwide says first-time buyers are spending more take-home pay on mortgage repayments.

Reliance's Jio Platforms clears hurdle in bid to launch satellite internet in India

Reliance's Jio Platforms clears hurdle in bid to launch satellite internet in India A joint venture between Reliance Industries' Jio Platforms and Luxembourg-based SES to provide gigabit fibre internet has won approval from the Indian space regulator to operate satellites there, a government executive said.

Stocks, bonds steady after rate angst sell-off

Stocks, bonds tumble over global rates angst Asian stocks were a sea of red on Thursday and bonds slid on bets global interest rates would stay higher for longer, as investors looked to key inflation readings at the end of the week for further clues on the future path of monetary policy.

Italian judge throws out defamation case brought by Meloni ally

Italian judge throws out defamation case brought by Meloni ally A Rome university professor was acquitted on Wednesday of slandering Agriculture Minister Francesco Lollobrigida for comparing him to a N**i governor.

Musk's SpaceX is quick to build in Texas, slow to pay its bills

Musk's SpaceX is quick to build in Texas, slow to pay its bills SpaceX is building launch facilities, office buildings and even a shopping center in rural Texas, as billionaire Elon Musk's space venture rapidly expands its rocket and satellite business across the Lone Star state.

Exclusive: Disney and Comcast seek advisor to resolve Hulu valuation

Exclusive: Disney and Comcast seek advisor to resolve Hulu valuation Walt Disney and Comcast are seeking to hire a financial adviser to resolve a dispute over how to value the 33% stake in streaming platform Hulu that the former will acquire from the latter, according to people familiar with the matter.

Hermes quarterly sales jump 17% on strong China demand

Hermes quarterly sales jump 17% on strong China demand Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday, sustaining a rapid growth rate from the previous quarter including in China, and underlining strong demand for high end luxury.

Kering warns H1 operating profit to tumble as Gucci sales fall

Kering warns H1 operating profit to tumble as Gucci sales fall French luxury group Kering expects a 40% to 45% plunge in first-half operating profit, it said on Tuesday, after first-quarter sales declined as wealthy shoppers curbed spending on products from its star label Gucci.