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Kering Group CFO: Reiterates goal of reducing at least 100 stores by the end of the year.

2026-04-15

Kering Group CFO: Reiterates goal of reducing at least 100 stores by the end of the year.

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2026-04-14

The Chinese yuan is relatively insulated from Middle East developments due to China’s modest energy import burden, according to RBC Capital Markets’ Abbas Keshvani. He estimates net oil and gas imports at about 1.7% of GDP, while safe-haven demand fo

The Chinese yuan is relatively insulated from Middle East developments due to China’s modest energy import burden, according to RBC Capital Markets’ Abbas Keshvani. He estimates net oil and gas imports at about 1.7% of GDP, while safe-haven demand for Chinese government bonds—supported by low inflation and accommodation policy—has kept yields anchored near 1.8%. RBC forecasts USD/CNY at 6.82 in 2Q, 6.80 in 3Q, and 6.78 in 4Q. The dollar was Last at 6.8207 yuan, down 0.1%.
2026-04-14

Amazon.com Inc. is in advanced discussions to acquire satellite operator Globalstar Inc., in a deal that would strengthen the company’s efforts to build its own satellite network, according to people familiar with the matter. A transaction could be a

Amazon.com Inc. is in advanced discussions to acquire satellite operator Globalstar Inc., in a deal that would strengthen the company’s efforts to build its own satellite network, according to people familiar with the matter. A transaction could be announced as soon as Tuesday, the people said, requesting anonymity as the information is not public.
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