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…
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…
China’s exports rise unexpectedly, but economists warn of weakness ahead
China’s exports unexpectedly surged in March, with officials flagging rising demand for electric vehicles, but analysts cautioned the improvement partly…
Norwegian Crown Suffers Amid Banking Sector Turmoil, but Recovery May Be in Sight
The Norwegian crown has had a tough start to 2023, with the currency being the worst-performing G10 currency so far…
Dollar edges higher on safe haven flows; caution ahead of payrolls
The U.S. dollar edged higher in early European trade Thursday with weakening risk sentiment benefiting this safe haven, but remains…
DJI: Dow Jones Tumbles as Economic Concerns Rear Up
The 30-stock Wall Street average snapped four straight days of winning as new data sparked worries. Dow Jones Industrial Average…
META: Meta Looks Well Positioned to Deal with 2023 Uncertainty After a Rocky 2022
A large number of analysts are predicting that Meta’s earnings over 2023 could be on the rise, with its price…
XAU/USD: Gold Prices Ease After Volatile Session
The precious metal dropped 2% to start the month but pared back losses and remained steady on Tuesday. Gold is…
RIVN: Rivian Misses on Production Estimates Amid Economic Uncertainty
While Tesla announced it topped vehicle deliveries in a record quarter for the company, some EV competitors aren’t having as…
VORB: Virgin Orbit Files for Chapter 11 Bankruptcy
Sir Richard Branson’s space start-up collapsed after 15 months of scant funding and cash burning. Virgin Orbit announced it is…