Year: 2025
Kering agrees to sell beauty unit to L’Oreal for $4.7 billion as De Meo trims debt
A woman view skin care products at L’Oreal booth during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China. China News Service | China News Service | Getty Images Gucci owner Kering said on Sunday it has agreed to sell its beauty business to […]
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Trump’s 100% movie tariff threat risks dealing a heavy blow to Britain’s already struggling film industry
U.S. President Donald Trump’s renewed threat to impose a 100% tariff on all movies produced outside of the country could upend the global industry — and deliver a heavy blow to Britain’s already fragile sector. The White House leader first announced duties on movies produced outside the U.S. in May this year. He than reiterated […]
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Coalition deal puts Takaichi on brink of Japan’s first female premiership
Sanae Takaichi, Japan’s economic security minister, speaks during a news conference in Tokyo, Japan, on Monday, Sept. 9, 2024. Toru Hanai | Bloomberg | Getty Images Hardline conservative Sanae Takaichi is almost certain to become Japan’s first female prime minister on Tuesday, after the right-wing opposition Japan Innovation Party, known as Ishin, said it was ready to back her premiership. […]
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Asia-Pacific markets rise as investors look toward slate of China economic data
Beijing Central Business District, mix of offices and apartments Ispyfriend | E+ | Getty Images Asia-Pacific markets opened higher Monday as investors awaited a slew of economic data coming out of China. Analysts polled by Reuters expect China’s economy to have slowed in the third quarter, forecasting gross domestic product to have grown 4.8% in […]
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Japanese family businesses are facing a succession crisis. That is fueling a private equity boom
Japan Inc. is confronting a ticking demographic time bomb, and private equity players are racing to defuse it. Across the country, ageing business owners are facing a dual reckoning: heirs not interested in taking over the family business, and steep inheritance taxes. For many family businesses, rooted in the tradition of handing over the reins […]
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China’s economic growth likely slowed in third quarter
China Shipping containers are seen at the port of Oakland as trade tensions continue over U.S. tariffs with China, in Oakland, California, on May 12, 2025. Carlos Barria | Reuters BEIJING — China’s economy likely slowed in the third quarter, with official data due Monday expected to confirm weaker growth, according to analysts polled by […]
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These fund managers are betting against sterling as fears grow over UK outlook
A number of asset managers are betting that the pound will tumble in value as the U.K. wrestles with faltering growth and Finance Minister Rachel Reeves confronts a looming fiscal headache in next month’s budget. Candriam is positioned short against the pound, with Nicolas Jullien, Candriam’s global head of fixed income, highlighting the U.K.’s challenging […]
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Stock futures rise ahead of big earnings week: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 16, 2025. Jeenah Moon | Reuters Stock futures moved higher Sunday night as investors turn their attention towards a slew of big-name earnings reports and inflation data expected in the coming days. Futures tied to the Dow […]
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X lawsuit vs. Apple and Open AI stays in Fort Worth, Texas; judge suggests they move there
A judge ordered that X and xAI’s lawsuit accusing Apple and OpenAI of trying to maintain monopolies in artificial intelligence markets must remain in federal court in Fort Worth, Texas, despite “at best minimal connections” to that geographic area by any of the companies. Judge Mark Pittman, in a sharply ironic four-page order on Thursday, […]
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Trump urged Zelenskyy to cut a deal with Putin or risk facing destruction, FT reports
U.S. President Donald Trump welcomes Ukraine’s President Volodymyr Zelenskyy at the White House in Washington, D.C., U.S., October 17, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump urged Ukrainian President Volodymyr Zelenskyy to accept Russia’s terms for ending the war between Russia and Ukraine in a White House meeting on Friday, warning that President […]
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