Slideshow ( 2 images )(Reuters) – Wall Street’s main indexes opened sharply higher on Friday after data showed faster-than-expected jobs growth in February, reinforcing bets on an economic rebound driven by massive fiscal stimulus and
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Online or Off, the Paris Trade Shows Must Go On
PARIS – This season’s Paris-based trade shows have taken diametrically opposed stances to presenting for fall. Traditionally a fixture during Paris Fashion Week, with buyers from around the world strolling the aisles between shows scouting
Read moreFutures rebound ahead of pivotal jobs data
(Reuters) – U.S. stock indexes firmed on Friday after a three-day pullback for the S&P 500 and the Nasdaq, as investors looked to data that is likely to show accelerated jobs growth in February.FILE PHOTO:
Read moreWall Street slumps on Fed remarks, bond scare
NEW YORK (Reuters) – Wall Street slumped on Thursday and global stock markets declined after U.S. Federal Reserve Chair Jerome Powell repeated his pledge to keep credit flowing until Americans are back to work, rebutting
Read moreFed Chair Powell Offered a Patient Message. Markets Quivered Anyway.
Jerome H. Powell, the chair of the Federal Reserve, said he and his colleagues have a “high standard” for what full employment means, underscoring that the central bank is likely to be patient in removing
Read moreLeading criminal barrister and former Law Society president Jonathan Temm QC dies
Top trial lawyer and former New Zealand Law Society president Jonathan Temm has died. The Rotorua barrister was involved in some of the country’s biggest criminal cases during his career, including the Nia Glassie murder
Read moreThredUp Vs. Poshmark Vs. RealReal on Wall Street
ThredUp Inc. might be taking the plunge, having officially filed this week to go public. But it’s not the first resale site to hit Wall Street. The RealReal Inc. jumped into the public markets in
Read moreGerman bank auditors say lodged Greensill Bank complaints in 2020
FRANKFURT (Reuters) – The Auditing Association of German Banks registered complaints about Greensill Bank with Germany’s financial watchdog BaFin in early 2020, a spokesman told Reuters on Thursday.FILE PHOTO: The logo of Greensill Bank is
Read moreU.S. Suspends Punitive Airbus Tariffs on British Luxury Imports
LONDON — A host of luxury businesses across the U.K. breathed a sigh of relief on Thursday as the U.S. confirmed it was canceling punitive tariffs on British imports linked to the long-running Airbus dispute.
Read moreHermès Has Spruced Up Its Store in a Swimming Pool, With Bags to Match
PARIS — Hermès on Thursday unveiled a store renovation that is almost as stealthy as its famously understated luxury clothes. Entering its striking flagship on Rue de Sèvres in Paris, you’d be forgiven for not immediately
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