Wednesday, September 30, 2020
Tags Wealth management

Tag: wealth management

Burberry will not take British state crisis cash to pay staff

LONDON (Reuters) - Luxury brand Burberry () will pay all its staff globally even if they are unable to work due to coronavirus crisis...

Neiman Marcus in bankruptcy talks with lenders: Bloomberg Law

(Reuters) - Luxury retailer Neiman Marcus Group Inc is in talks with lenders to file for bankruptcy as it struggles to ease...

LVMH to make disinfectant gels to aid French coronavirus fight

PARIS (Reuters) - Louis Vuitton owner LVMH () said on Sunday that its cosmetics unit would manufacture large quantities of hand disinfectant...

Haven assets losing their mojo in virus-stricken market

NEW YORK (Reuters) - A rush to safety amid a massive drop in stocks has stretched prices for haven assets, leaving investors fewer places...

Investors prepare for more market swings as virus spreads in the...

(Reuters) - With one of Wall Street's wildest weeks in recent memory now in the history books, investors are bracing for more uncertainty and...

As Wall Street reels, veterans recall ’87 while the young look...

(Reuters) - As U.S. financial markets reel from a week of historic swings, industry veterans are drawing on memories from their earliest years on...

Demand dives at apparel retailers as virus-wary shoppers stay home

NEW YORK/MADRID (Reuters) - As virus-wary shoppers stayed home in the United States and Europe, apparel retailers braced for a blow to sales and...

Take Five: Panic stations

(Reuters) - 1/TAPPING THE FED Recent blowouts in dollar swap prices are a sign economic lockdowns across the world are starting to...

Fidelity Contrafund cuts value of WeWork stake by 35%

BOSTON (Reuters) - Fidelity Investments cut the value of Contrafund's stake in WeWork Companies Inc by 35% in September amid turmoil surrounding...

De Beers banks on ‘diamonds are for me’

LONDON (Reuters) - Anglo American () unit De Beers said its 2019 marketing budget will exceed last year's figure of $170 million and will...