Joyce C. Abaño

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LVMH takes control of Christian Dior in mammoth deal

The French luxury group gains full control of the 70-year-old Parisian fashion house Christian Dior in a mammoth deal worth around €12.1 billion.

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Burberry posts ‘lackluster’ results

UK luxury fashion retailer Burberry posts lackluster set of results for its second half following an impressive result in the third quarter, a retail analyst stated.

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Sears admits plan to avoid bankruptcy by selling brands may prove difficult

Sears Holdings Corp. admits overnight its ongoing survival is unlikely and its plan to avoid bankruptcy by selling off or licensing brands may prove difficult.

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Sears posts another quarterly operating loss

Embattled US department store operator posts another quarterly operating loss that is even worse than the previous corresponding period which the company attributes to having fewer Kmart and Sears Full-line stores in operation.

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Swedish retailer H&M joins Better Than Cash Alliance

Swedish retailer, H&M, joins the United Nations' Better Than Cash Alliance, a partnership of governments, companies and international organisations which aims to accelerate the transition from cash to digital payments.

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Disney chief defends seat on Trump’s business advisory council

Walt Disney Co.'s CEO says his seat on US President Donald Trump's advisory council is an opportunity to voice opinions that could benefit Disney and the company's shareholders.

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Sports Direct owner buys into lingerie brand Agent Provocateur

Sports Direct owner Mike Ashley has acquired an interest in the struggling luxury lingerie retailer, Agent Provocateur.

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Samsung chief faces trial after indictment on corruption charges

De facto chief of the South Korean electronics giant faces trial after indictment on multiple charges which include bribery and embezzlement.

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Alibaba seeks tougher penalties for purveyors of counterfeit goods

E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.

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Asian shares rise ahead of Trump speech

Asian shares up, strengthened by gains on Wall Street as investors await President Donald Trump speech.

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Nordstrom’s Quarterly Earnings Beat Expectations

US upscale department store chain posts growth in fourth quarter earnings exceeding analysts' expectations.

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Australia's TerryWhite Chemmart Posts Strong Half-Year Earnings

Australian pharmacy group, TerryWhite Chemmart, doubles revenue following the merger.

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Lenovo Third Quarter Profits Plummet

Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.

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Retail Spending in UK Rises Slightly in January

UK retail spending sees 1.5 percent growth year-on-year in January 2017 compared with January 2016.

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CBS Corp Posts 45.6 Percent Drop In Quarterly Profit

Mass media company, CBS Corporation, posts quarterly profit decrease.

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Latest Stories

Base Meme Coins: The Whimsical Assets That Turned Enthusiasts into Millionaires

Originating from the innovative corridors of Coinbase, one of the leading cryptocurrency exchanges, Base represents a foundational layer for the creation and exchange of digital assets.

AI Altcoins Set to Skyrocket: Top Picks for Investors

AI altcoins are quickly becoming the new gold rush. As someone who's been around the block a few times (crypto block, that is), I've seen trends come and go, but the fusion of artificial intelligence and blockchain technology feels like we're on the cusp of something revolutionary.

Realio Network RIO: The RWA Crypto Gem Poised for Explosive Growth

The Realio Network (RIO) stands out not just as another promising asset but as a potential cornerstone in the realm of Real World Assets (RWAs). With its eyes firmly set on revolutionizing private equity through digital tokenization, Realio isn't just playing the game-it's changing how the game is played.

Bitcoin ETF Frenzy: Is This the Time to Buy In, or a Recipe for Disaster?

The new spot Bitcoin exchange-traded funds (ETFs) have been a huge success by almost every significant indicator. They have already brought in over $30 billion in assets under management as a group.

Bizarre Tax Deductions You Might Actually Claim

While many tax deductions are well-known, such those for business supplies and charity contributions, some are less well-known. Here's a look at how tax deductions operate and three that you might find surprising as tax season approaches.

Must Read

Inflation Hedge or Hype? Weighing the Pros and Cons of Owning Gold

Many were dismayed by a study released last week that showed inflation was increasing month over month, but it also highlighted how important it is to have a diverse portfolio. With one, investors can more effectively counteract the negative effects of rising interest rates intended to control inflation. Using gold and silver to diversify is also a good strategy.

Hot Housing Market Cooling? Sell Now, But Prepare for Price Negotiation

The ideal time to sell for homeowners planning to sell this year is still in the spring, but you might want to modify your expectations.

Spenders Stay Strong: Rising Prices Don't Deter Shoppers, Should You Be Worried?

In March, Americans increased their spending faster than anticipated, demonstrating resiliency in the face of inflationary pressures and other economic difficulties.

Ethereum ETFs: A Coin Toss for May Approval According to JPMorgan

In the ever-evolving world of cryptocurrencies, the spotlight often shifts rapidly between the myriad of options available to investors. However, Ethereum has consistently held its ground as a cornerstone of the crypto market. Recently, JPMorgan issued a statement that has the crypto community on the edge of their seats:

Hong Kong's Historic Move: Bitcoin and Ethereum ETFs Get the Green Light

In an electrifying update that's set to reverberate through the corridors of the global financial markets, Hong Kong has officially given the nod to Bitcoin and Ethereum Exchange-Traded Funds (ETFs). This pivotal "Hong Kong bitcoin etf approval date" marks a significant milestone not just for the city but for the cryptocurrency landscape at large.

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