Birkin bag maker Hermes sees no U.S. slowdown as sales jump 23%

Sales at Birkin bag maker Hermes rose 23% in the first quarter, above market expectations, as wealthy shoppers in China…

Sweden, Colombia interested in Embraer’s KC-390, says Brazilian minister

Brazilian Defense Minister Jose Mucio said late Thursday that countries such as Sweden and Colombia had expressed interest in buying…

Ferrari has record orders “well into” 2024, chairman says

Ferrari (NYSE:RACE) has a record order book for its models spanning into next year, Chairman John Elkann told the sports…

Tesla to skip Shanghai Autoshow, organiser’s plan shows

Tesla (NASDAQ:TSLA) will not occupy a booth at China’s largest annual autoshow to be held next week in Shanghai, according…

Asian stocks rise as markets look to end of rate hikes

Most Asian stock markets rose on Friday as softening inflation spurred growing expectations that global central banks will hold off…

Crypto investors face delays in withdrawing funds after Ethereum upgrade

Cryptocurrency investors are facing delays to withdraw funds deposited on the Ethereum blockchain after its major software upgrade, highlighting persistent headaches for…

Bank of England’s Pill says latest UK data is disappointing

Bank of England Chief Economist Huw Pill said on Thursday that the latest data on the economy, including a stagnation…

WBD: HBO Max to Drop HBO From Its Name, Stock Sells Off

Nostalgia is hitting hard as the premium-sounding HBO name will no longer be there for the generations. HBO Max will…

NDX: Nasdaq Tumbles on ‘Mild Recession’ Fears

The tech-dense index lost 0.85% after Fed minutes sparked worries over imminent economic jitters. The Nasdaq Composite retreated by 100…

Indian Rupee Remains Steady as Market Anticipates Inflation Data

Introduction The Indian rupee has remained steady ahead of the release of local CPI data, which is expected to show…