LVMH flags strong Chinese rebound, U.S. slowdown
the world's largest luxury company, reported a 17% rise in first-quarter sales, more than double analysts' expectations, as China rebounded sharply after COVID-19 lockdowns.
更多the world's largest luxury company, reported a 17% rise in first-quarter sales, more than double analysts' expectations, as China rebounded sharply after COVID-19 lockdowns.
更多A shortage of West Coast port workers has forced the busiest U.S
更多Tesla Inc (TSLA.O) is opening a factory in Shanghai
更多OECD Secretary-General Mathias Cormann said the global economic outlook is 「slightly brighter」 this year but inflation challenges remain.
更多The U.K. remains the only country in the G-7 (Group of Seven) major economies that has yet to fully recover its lost output during the Covid-19 pandemic.
更多FedNow, the Federal Reserve’s digital payments system, will debut in July.
更多Exactly one year ago, on March 16, 2022, the Federal Open Market Committee enacted the first of what would be eight interest rate increases.
更多The contagion effect from the recent collapse of Silicon Valley Bank is local and contained, said Credit Suisse Chairman Axel Lehmann.
更多Oil prices fell sharply Wednesday, as traders feared a brewing banking crisis could dent global economic growth.
更多Inflation in the U.S. is likely to be 「far stickier」 and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management.
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