BUSINESS

Rocky Markets Giving Macro Funds A Boost

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022.
Hedge funds that bet on bonds, currencies, stocks and commodities are among the industry's biggest winners this year easily outpacing growth and tech funds' returns and preparing to see significant inflows of capital as the stock market hovers near bear market territory.
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The logo of fashion house Chanel is seen on a store in Paris, France, June 18, 2020.

Chanel May Limit Purchases More In Exclusivity Drive

Chanel could replicate purchase limits on its quilted Classic Flap handbag on other high-end products and in more countries, the French brand told Reuters, as luxury houses tighten their grip on distribution amid soaring demand.

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