Mike Ashley's Frasers tightens grip at Hugo Boss with new CEO pick
Frasers Group executive David Epstein will succeed Daniel Grieder as CEO of Hugo Boss from January 1, 2027, the German fashion group said on Thursday, cementing the
November 12, 2026Frasers Group executive David Epstein will succeed Daniel Grieder as CEO of Hugo Boss from January 1, 2027, the German fashion group said on Thursday, cementing the
November 12, 2026The US Federal Reserve on Thursday unveiled an updated schedule for monetary policy meetings for 2027 following Chairman Kevin Warsh's announcement last month that policymakers
November 12, 2026The US government started the 2027 fiscal year with a $404 billion budget deficit for October, a record for the month and $120 billion, or 42%, higher than the year-
November 12, 2026The Trump administration says it has returned more than $12 billion, or almost 99%, of the revenue obtained from the sales of Venezuelan oil since it ousted then-President Nicolás Maduro in January
November 12, 2026Nvidia CEO Jensen Huang has resigned from his top post at the chipmaker he co-founded, after reports of the tech titan’s extramarital affairs came into the spotlight this week
November 12, 2026Corteva shares sank to a more than one-year low on Thursday and were on track for their steepest single-day percentage drop ever, as the US
November 12, 2026President Donald Trump said on Thursday the US does not need a deal with Iran and directed Vice President JD Vance, who has played a role in efforts to
November 12, 2026The U.S. stock market has erased most of its early losses after absorbing big swings for Nvidia’s stock and oil prices
November 12, 2026Brazilian President Luiz Inacio Lula da Silva's first package of public spending curbs since his reelection last month risks proving too little for financial markets and
November 12, 2026US railroad operator Union Pacific's fuel surcharges boosted profits
November 12, 2026The Bank of Mexico's recent interest rate cut sows confusion and sends the wrong message as the inflation outlook remains skewed to the upside
November 12, 2026The International Monetary Fund is closely monitoring volatility in AI equity valuations and the US political shift that could slow data center development, but says it
November 12, 2026Family Dollar reached a $63 million settlement with the US Federal Trade Commission and 17 states of allegations that the discount retailer routinely charged
November 12, 2026President Donald Trump's administration is set to extend a waiver to a US law in
November 12, 2026Small island leaders are calling for urgent climate action at the United Nations talks in Turkey
November 12, 2026The average long-term U.S. mortgage rate fell for the fourth straight week, offering more relief for prospective home shoppers at a time when many have put off buying a home due to elevated home loan borrowing costs and prices
November 12, 2026Sales of previously occupied U.S. homes slumped in October to their slowest pace in more than 16 years as mortgage rates climbed sharply, ratcheting up borrowing costs for aspiring homebuyers
November 12, 2026US existing home sales fell to the lowest level in more than 16 years in October as rising mortgage rates and still-elevated house prices pushed potential buyers to the
November 12, 2026Frequent or unexpected changes in the taxation of Italy's financial system increase uncertainty and affect the investment decisions of market participants, the Bank of Italy
November 12, 2026US regional lender Hancock Whitney will buy smaller peer Trustmark in a roughly $3.2 billion all-stock deal, the Mississippi-based banks announced on Thursday.
November 12, 2026Oil prices rose on Thursday by more than $1 a barrel, as continued disruptions to shipping through the Strait of Hormuz and broader geopolitical
November 12, 2026The number of Americans filing new claims for unemployment benefits increased more than expected last week, but remained at a level consistent with a
November 12, 2026Wall Street's main indexes staged a turnaround on Thursday after higher oil prices lifted energy shares even as Nvidia CEO Jensen Huang's exit
November 12, 2026The US should be prepared for "serious short-term disruptions" to the job market because of artificial intelligence which, depending on how fast it
November 12, 2026