Latest in Luxury Sector Is Coming Off a Period of Strong Growth
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UK housebuilders predict sector growth on Labour planning reforms
Taylor Wimpey and others say government measures will boost sector in spite of economic uncertaintyFinancial Times - Jan. 16 -
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.MarketWatch - Jan. 16 -
Luxury goods groups drive European stocks to highest level in a month
LVMH and Hermès push up Cac 40 after Richemont’s better than expected salesFinancial Times - Jan. 16 -
Biden is finishing strong on Venezuela before handing off to Trump
The Biden administration's shift to a more pragmatic and strategic approach to Venezuela's opposition has allowed for the recognition of opposition leaders and the imposition of sanctions on ...The Hill - Jan. 15 -
Reeves shrugs off calls for resignation as she promises UK growth plan
Chancellor has faced increasing criticism over her handling of the economyFinancial Times - Jan. 14 -
Strong earthquake hits Japan, triggering tsunami alerts
A strong earthquake struck southwestern Japan, the U.S. Geological Survey said, prompting authorities to issue a tsunami advisory.CBS News - Jan. 13 -
‘It’s about solidarity, not charity’: the Oxfam chief seeking to decolonise the aid sector
Halima Begum outlines her vision for what she sees as a ‘broken model’, with more power over spending given directly to the affected communities. The outdated, elite-dominated international charity ...The Guardian - Jan. 13 -
Hyman scores in 3rd period as the Oilers rally past the Blackhawks 4-3
Zach Hyman scored a tiebreaking power-play goal in the third period, and the Edmonton Oilers beat the Chicago Blackhawks 4-3ABC News - Jan. 11 -
Kaapo Kakko scores twice in 3rd period in the Kraken's 6-2 victory over the Sabres
Kaapo Kakko scored twice in the third period, Joey Daccord made 33 saves and the Seattle Kraken overcame an early two-goal deficit to beat the Buffalo Sabres 6-2 on SaturdayABC News - Jan. 11 -
DC's Amazon lawsuit reminds us that safety is a luxury for Black Americans
While America was getting more violent, it was Black Americans who felt the increase most acutely.The Hill - Jan. 11 -
U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector
The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.The New York Times - Jan. 10 -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
Biden administration imposes major sanctions on Russian energy sector
The Biden administration announced Friday it was imposing what it billed as the most significant sanctions to date on the Russian energy sector, targeting Moscow’s oil and liquified natural gas ...The Hill - Jan. 10 -
China’s solar sector could be on course for a glow-up
After a plague of overcapacity and falling prices, there are signs the sector may be approaching a bottomFinancial Times - Jan. 10 -
Live Updates: U.S. Job Growth Ends the Year Strong
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 percent.The New York Times - Jan. 10 -
Italy’s luxury wineries rely on illegal migrant workers
Barolo, Barbaresco and other high-end wines made in Langhe region grapple with dependence on undocumented labourersFinancial Times - Jan. 10 -
Gregg Berhalter on time with USMNT: 'One of the most successful periods U.S. national team ever had'
Berhalter coached the USMNT from 2019 to 2024CBS Sports - Jan. 9 -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - Jan. 9 -
As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury
With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences.The New York Times - Jan. 9 -
Trump’s Wind Turbine Threats Could Leave the Sector Spinning
President-elect Donald Trump pledged to halt development of wind energy projects, a threat that could slow offshore wind beyond his term.Inc. - Jan. 8 -
Micah Parsons predicts Cowboys will be 'holding the trophy' next year 'point-blank, period'
Parsons has high hopes for his team in 2025CBS Sports - Jan. 8 -
Back to office disputes spread across UK public sector
Staff at Land Registry to take industrial action after being ordered back to their desks three days a weekFinancial Times - Jan. 8 -
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Blackstone joins private equity deal wave in US accounting sector
Acquisition of Citrin Cooperman from New Mountain Capital for $2bn marks a step up in valuationsFinancial Times - Jan. 7 -
Next Ups Guidance After Strong Christmas
Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.The Wall Street Journal - Jan. 7 -
CNBC Daily Open: The AI sector still has legs to run
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.CNBC - Jan. 7 -
‘Evolution not revolution’: Can the private sector help cut NHS waiting lists?
Keir Starmer has vowed to make better use of existing capacity to reduce massive backlogFinancial Times - Jan. 6 -
Washington Post expected to lay off dozens of staffers in coming week – report
‘Cuts will be deep’, media reporter writes, after paper faced scrutiny for halting endorsement of Harris in October. Dozens of employees are expected to be laid off at the Washington Post in the ...The Guardian - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
Stamkos scores in 2nd period, Saros gets 4th shutout of season as Predators beat Oilers 3-0
Steven Stamkos scored late in the second period, Juuse Saros stopped 27 shots for his fourth shutout of the season, and the Nashville Predators beat the Vancouver Canucks 3-0ABC News - Jan. 4 -
‘There will be a bit of a slump’: London braced for luxury hotel glut
Biggest number of room openings in more than a decade prompts concerns about oversupply and price cutsFinancial Times - Jan. 4 -
E.V. Demand Leads Automakers to a Strong 2024 Finish
General Motors was the biggest winner in U.S. sales in the final quarter, with a gain of 21 percent. It more than doubled its electric vehicle sales.The New York Times - Jan. 3 -
Thai PM declares luxury handbags, watches among $400 million in assets
Thailand's youngest-ever leader has more than 200 designer handbags worth over $2 million, as well as property in London and Japan, her party said.CBS News - Jan. 3 -
US relaxes green hydrogen rules in race to boost sector
Biden administration’s Treasury delays stricter requirements for claiming tax credits ahead of Trump’s returnFinancial Times - Jan. 3 -
‘Dinosaur highway’ tracks dating back to Middle Jurassic period discovered in England
The U.K.'s biggest ever dinosaur trackway site has been discovered in a quarry in southern England. About 200 huge footprints, which were made 166 million years ago, crisscross the limestone floor.NBC News - Jan. 3 -
Reinsurance costs fall as sector deploys record capital
Decrease follows two years of bumper profits for providersFinancial Times - Jan. 2 -
German solar sector in distress as glut of panels heaps pressure on industry
Wave of bankruptcies hits key European market as double-digit growth rate slowsFinancial Times - Jan. 2
