US fashion brand Michael Kors on Tuesday agreed to buy British shoemaker to the stars Jimmy Choo for almost £900 million ($1.2 billion, 1.0 billion euros).
India’s stock markets hit record highs on Tuesday with the National Stock Exchange’s much-watched Nifty index breaking the psychological 10,000 point mark for the first time as traders take heart from economic reforms.
Anglo-Dutch energy giant Shell said Tuesday it has shut down a key crude supply pipeline in Nigeria’s restive south because of a leak.
South Korea said Tuesday its economy is set to grow at its fastest rate in three years in 2017, on the back of strong exports and a $10 billion stimulus package aimed at creating jobs and bolstering welfare.
US aerospace giant Boeing has signed a billion-dollarcontract with French industrial software company Dassault Systemes to modernise its production system, French media said Tuesday.
Germany said the Turkey had informed it on Monday that it had dropped accusations of “terrorism” funding against major German companies amid a raging dispute between the NATO partners.
German carmakers faced a brewing scandal Monday as suspicions grew they colluded illegally for decades, further damaging the industry’s image and exposing it to massive financial risks.
Southeast Asian ride-hailing firm Grab said on Monday it expects to raise $2.5 billion in financing, mostly from China’s Didi Chuxing and Japan’s Softbank, as it strengthens its lead over rival Uber.
Eurozone private sector business activity slowed in July for the second month running but was still running near six-year highs, a closely watched survey showed Monday.
The dollar suffered fresh losses on Monday, while most Asian markets turned negative as investors await a Federal Reserve policy meeting and the release of big-name earnings results.
In a boxing world often dominated by promoters, self-promoters and glitz — exhibit A, Mayweather vs. McGregor — Alberto Reyes likes to do things the old-fashioned way: his company still makes gloves by hand, just as it did for Muhammad Ali.