Ralph Lauren Corp will sell high-end apparel brand Club Monaco to private equity firm Regent LP for a undisclosed amount, as the apparel retailer doubles down on its eponymous label.
After a six-day outage, the top U.S. fuel pipeline on Thursday moved some of the first millions of gallons of motor fuels after a crippling cyberattack led to fuel shortages across East Coast states.
Chicago corn futures are trading at multi-year highs after major harvests came up short and China burst on to the import scene, but the U.S. government thinks the situation will be more manageable throughout the next year than market participants might have expected.
Chicago corn futures fell to a more than one-week low on Thursday, as concerns about tight supplies were tempered after the U.S. Department of Agriculture (USDA) pegged a U.S. stocks forecast above market expectations.
Raw sugar futures on ICE fell on Thursday, retreating further from the previous session's 2-1/2 month high on profit taking by speculators and risk off sentiment in wider financial markets.
Canada Goose Holdings Inc on Thursday beat analysts' estimates for fourth-quarter revenue, helped by surging online sales and strong demand for the apparel maker's luxury parkas in China.
Canada Goose Holdings Inc on Thursday beat analysts' estimates for fourth-quarter revenue, helped by surging online sales and strong demand for the apparel maker's luxury parkas in China.
Copper prices slipped on Thursday as a higher dollar, weak loan data from top consumer China and worries that Chinese authorities could cap commodity prices triggered a sell-off.
After a six-day outage, the top U.S. fuel pipeline on Thursday moved some of the first millions of gallons of motor fuels to East Coast states after throwing off a crippling cyberattack.
Canada's Cargojet Inc has threatened to move work to the United States unless it wins exemption from rules aimed at preventing pilot fatigue because of their cost, according to a deal rejected by its pilots seen by Reuters.
British Airways cancelled its flights to and from Tel Aviv on Thursday, the latest international carrier to avoid flying to Israel amid an escalating conflict there.
French food group Danone on Thursday said that most of the proceeds from a $2 billion divestment of its stake in China Mengniu Dairy Company will be returned to shareholders through a share buyback programme, it said on Thursday.
British Airways cancelled its flight to and from Tel Aviv on Thursday, the latest international carrier to avoid flying to Israel amid an escalating conflict there. [nL1N2MZ2DW]
Canadian computer chip designer Alphawave's shares fell as much as 15% in their London market debut on Thursday, valuing the company at 2.63 billion pounds ($3.70 billion).
Britain's competition watchdog told package holiday companies on Thursday they must be ready to refund consumers if foreign trips this summer are cancelled by the coronavirus pandemic, after it received a barrage of complaints last year.
Inflation fears continue to dominate across stocks, bond and FX markets. After data on Wednesday showed U.S. consumer prices jumped by the most in nearly 12 years in April, the S&P 500 index suffered its biggest one-day percentage drop since February.
British luxury brand Burberry said on Thursday its recovery from the COVID-19 crisis accelerated through the year, enabling it to reinstate a dividend payment.
British engineering company Rolls-Royce stuck to its guidance to turn free cash flow positive at some point during the second half of 2021 as vaccinations kick in and travellers return to the skies.
British luxury brand Burberry on Thursday reported a 10% drop in sales for the year to end-March, weighed down by the COVID-19 pandemic, but said its recovery from the crisis accelerated through the year.