BUSINESS

Juicy Couture and Forever 21 owner Authentic Brands (ABG) has agreed to buy Ted Baker in a deal worth roughly 211 million pounds ($254 million), ending months of speculation over the fate of the British fashion group.

Kenyan women make history with record election wins

Frontier Group Holdings Inc is targeting capacity growth of up to 20% through the decade, Chief Executive Barry Biffle told Reuters, as the budget airline pushes to take a bigger share of the U.S.

Starbucks has fared poorly in neighboring Greece where it faces stiff competition from local start-up Mikel Coffee Company.

Luxury watch retailer Watches of Switzerland expects a potentially more challenging trading environment in the second half of its current financial year, it said on Tuesday, as tough economic conditions impact spending patterns.

Mizuho Securities Co, the brokerage arm of Mizuho Financial Group, "has room for further growth" in the United States and acquisitions are one option it is exploring, CEO Yoshiro Hamamoto told Reuters.

Court rejects retrial for Malaysia's Najib, grants final appeal hearing

Dutch health technology company Philips on Tuesday unexpectedly announced the imminent departure of CEO Frans van Houten, in the midst of a massive product recall that has halved its market value over the past year.

Amazon's Bezos attends premiere for $1bn 'Lord of the Rings' prequel

China's Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise an eight-year-old investment, four sources with knowledge of the matter said.

It looks like ethereum's mega-upgrade is happening. Finally.

Ben & Jerry's legal battle with Unilever sheds light on an issue affecting a growing number of purpose-led brands: how to maintain their identity after being bought by a major consumer company.

The U.S. Federal Reserve is hiking interest rates at the most aggressive pace in a generation, but the financial conditions it needs to tighten to tame soaring inflation are heading in the wrong direction.

Asian markets struggled for direction on Tuesday, weighed by worries over global growth following weak China data that knocked oil prices and commodity-linked currencies.

Swedish fashion giant H&M's official store on Alibaba's Tmall e-commerce platform has re-opened, 16 months after the Chinese site took it down following the brand's criticisms of human rights abuses in Xinjiang.

BHP Group Ltd reported bumper profits on surging commodity prices on Tuesday, sending shares sharply higher, as the global miner failed to rule out a second approach in its spurned $6 billion bid for OZ Minerals.

Chinese internet giant Tencent Holdings' non-fungible token (NFT) platform Huanhe will no longer release digital collectibles to the public, it said on Tuesday, as regulatory scrutiny of NFTs mounts in the country.

China's Tencent Music Entertainment Group bettered quarterly revenue estimates on Monday as a slate of original content helped its music streaming platform attract more paying users.

Net zero, Russia war driving nascent hydrogen economy

Elliott Management, the hedge fund that pushed for big changes at Twitter two years ago, exited the stock during the second quarter, soon after Elon Musk announced plans to buy the social media company, a regulatory filing shows.

"The company is actively working with retail partners and distributors to remove potentially impacted product from circulation," Kraft Heinz said.

Oil prices extend losses in Asia, equities rise

Bolsonaro, Lula to launch campaigns in Brazil

Zelensky warns Zaporizhzhia 'catastrophe' would threaten whole of Europe

Berkshire Hathaway Inc, run by billionaire Warren Buffett, has tripled its stake in online banking company Ally Financial Inc and increased its bet that "Call of Duty" video game maker Activision Blizzard Inc will be acquired by Microsoft Corp.

Tarnished icon Lula seeks comeback in Brazil

An issue with the units' straps may pose entanglement or strangulation hazards.

Oil prices fell on Tuesday, extending losses from the previous session, after economic data from China, the world's largest crude importer, spurred fresh concerns about a potential global recession that could hit energy demand.

Academy apologizes to indigenous star for historic Oscars abuse