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Kering shares plunge 12% after Demna Gvasalia named as Gucci’s artistic director

Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic director of its ailing Gucci fashion line.

Published 14 March 2025
Categorised as Finance News

UK economy unexpectedly shrank by 0.1% in January

The U.K.’s economy unexpectedly shrank by 0.1% in January, official figures showed on Friday.

Published 14 March 2025
Categorised as Finance News

‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals

CEOs of several European telecoms firms are calling on regulators to make it easier for them to combine their operations with other businesses.

Published 14 March 2025
Categorised as Finance News

China’s ‘Netflix’ iQiyi is set to open a theme park with virtual reality based on its own shows

Chinese videostreaming platform iQiyi plans to open its first theme park this year — the latest company to bet that local consumers will spend on experiences.

Published 14 March 2025
Categorised as Finance News

China’s ‘Netflix’ iQiyi is set to open a theme park with virtual reality based on its own shows

Chinese videostreaming platform iQiyi plans to open its first theme park this year — the latest company to bet that local consumers will spend on experiences.

Published 14 March 2025
Categorised as Finance News

China’s ‘Netflix’ iQiyi is set to open a theme park with virtual reality based on its own shows

Chinese videostreaming platform iQiyi plans to open its first theme park this year — the latest company to bet that local consumers will spend on experiences.

Published 14 March 2025
Categorised as Finance News

Why this week’s positive inflation reports won’t look as good to the Fed

On the surface, February’s inflation data released this week brought some encouraging news.

Published 13 March 2025
Categorised as Finance News

Why this week’s positive inflation reports won’t look as good to the Fed

On the surface, February’s inflation data released this week brought some encouraging news.

Published 13 March 2025
Categorised as Finance News

Why this week’s positive inflation reports won’t look as good to the Fed

On the surface, February’s inflation data released this week brought some encouraging news.

Published 13 March 2025
Categorised as Finance News

Why this week’s positive inflation reports won’t look as good to the Fed

On the surface, February’s inflation data released this week brought some encouraging news.

Published 13 March 2025
Categorised as Finance News

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