Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a mixed set of results from Louis Vuitton’s owner, LVMH. After [Burberry](
PARIS (Reuters) - Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday, praising a "wind of optimism" in the country that contrasted with the "cold shower" of potentially higher corporate taxes in France.
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
US stocks staged a recovery rally on Tuesday, hot on the heels of Monday’s sell off. Nvidia jumped by 8%, after dropping nearly 17% on Monday. This suggests that the bargain hunters are in town, although the failure to see a complete reversal of Monday’s losses could suggest a permanent loss of value for Nvidia.
The Meta and Tesla CEOs have added around $9 billion and $7 billion to their respective fortunes in just over two weeks, respectively. Arnault's net worth soared on Thursday as LVMH stock surged 9 ...
The Federal Reserve announces its decision at 2 p.m. Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard Arnault told reporters.
LVMH Moët Hennessy - Louis Vuitton, Societe Europeenne ( OTCPK:LVMHF) Q4 2024 Earnings Conference Call January 28, 2025 12:00 PM ET Bernard Arnault - Chairman and CEO Jean-Jacques Guiony - CFO Stephane Bianchi - Group MD
Moet Hennessy Louis Vuitton recorded revenue of EUR 84.7B in 2024. “Growth continued, 1% on an organic basis, despite a
Global markets will focus on central bank rate decisions and earnings from US tech giants, alongside major European corporate quarterly results.
Will the Fed keep interest rates steady, or is an adjustment incoming? The central bank announces its decision at 2 p.m. ET. Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets,