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Gucci joins luxe brands defying China slowdown

Gucci owner Kering on Tuesday became the latest European luxury brand to defy fears of a slowdown in Chinese demand......»»

Category: videoSource: reutersFeb 12th, 2019

Kering joins luxury peers in defying China slowdown

Gucci owner Kering has followed luxury market peers like LVMH in defying fears of a slump in Chinese demand. Julian Satterthwaite reports......»»

Category: videoSource: reutersFeb 12th, 2019

China"s first-quarter growth unexpectedly steadies, but too early to call clear recovery

China's economy grew at a steady 6.4 percent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement......»»

Category: topSource: reutersApr 17th, 2019

China"s first quarter growth unexpectedly steadies, but too early to call clear recovery

China's economy grew at a steady 6.4 percent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement......»»

Category: topSource: reutersApr 17th, 2019

Apple, luxury brands drop prices in China on VAT cut

Apple and luxury labels such as Gucci have lowered their prices in China after a cut in its value-added tax (VAT) rate came into effect from April 1......»»

Category: topSource: reutersApr 2nd, 2019

Luxury brands cash in on China"s millennials

It's no wonder global luxury brands from Gucci to Louis Vuitton are investing heavily in China, despite the slowing economy and a crackdown on conspicuous consumption, as Pascale davies reports, there's a new wave of cash-rich millennials......»»

Category: videoSource: reutersAug 21st, 2018

India Joins China In Defying Trump, Will Allow Imports Of Iranian Oil

Two weeks after China - the top importer of Iranian crude oil - defied the White House, disclosing that it would continue importing Iranian oil ignoring US sanctions on Tehran, India, t.....»»

Category: blogSource: zerohedgeSep 4th, 2018

Luxe brands, take heart - China is shopping again

Strong earnings from Louis Vuitton parent LVMH are raising hopes for the luxury goods sector, especially as they suggest Chinese shoppers are once again spending on high-end goods......»»

Category: videoSource: reutersOct 10th, 2018

Luxury watchmakers rely on China despite slowdown

Swiss watchmakers are starting to see signs of slowing spending from Chinese tourists, but are still banking on demand shifting to mainland China to fuel growth this year, several high-end brands said on Monday.....»»

Category: videoSource: reutersJan 15th, 2019

Trump ramps up criticism of Federal Reserve amid White House fears of a slowdown

In a series of tweets, the president blamed Federal Reserve Chair Jerome Powell for the slowdown in economic growth, saying his administration is “doing great” with China and other trade deals......»»

Category: topSource: washpost6 hr. 59 min. ago

Trump ramps up criticism of the Federal Reserve amid White House fears of a slowdown

In a series of tweets, the president blamed Federal Reserve Chair Jerome Powell for the slowdown in economic growth, saying his administration is “doing great” with China and other trade deals......»»

Category: topSource: washpost8 hr. 44 min. ago

Oil steadies as hopes of easing trade tensions lend support

Oil prices steadied on Tuesday on optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown, after falling earlier on concerns over future demand......»»

Category: topSource: reutersAug 20th, 2019

Here"s why analysts think Estée Lauder"s growth will continue

Stifel analysts think Estee Lauder Cos.'s growth is sustainable thanks to increasing use of beauty products, "trade-up" to luxury beauty brands, and growing access to Estée Lauder merchandise, notably online in China. Estée Lauder.....»»

Category: topSource: marketwatchAug 20th, 2019

Oil falls but losses capped by hopes of easing trade tensions

Oil prices fell on Tuesday on persistent concerns over future demand, but losses were capped by optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown......»»

Category: topSource: reutersAug 20th, 2019

Oil edges lower, but hopes on easing trade tensions cap losses

Oil prices edged lower on Tuesday on persisting concerns over demand, but optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a potential economic slowdown capped losses......»»

Category: topSource: reutersAug 20th, 2019

Oil prices rise on stimulus hopes, trade optimism

Crude oil prices edged up on Tuesday on optimism U.S.-China trade tensions will ease and on hopes major economies will take stimulus measures to ward off a potential economic slowdown that could hit oil demand......»»

Category: topSource: reutersAug 20th, 2019

Oil prices hold steady on hopes trade tensions could ease

Crude oil prices held mostly steady on Tuesday on optimism that U.S.-China trade tensions would ease and on hopes that major economies would enact stimulus measures to counter a possible global economic slowdown that could affect oil demand......»»

Category: topSource: reutersAug 20th, 2019

Exclusive: Fed"s Mester weighing argument for U.S. rate cut

One Federal Reserve policymaker who opposed the Fed's recent rate cut is considering whether to support such a move now given risks that a U.S.-China trade war and global slowdown could derail the economy......»»

Category: topSource: reutersAug 16th, 2019

China promises ‘countermeasures’ in trade war, unmoved by U.S. tariff delay

Global stock markets slump amid elevated fears of an economic slowdown.....»»

Category: topSource: washpostAug 15th, 2019

Futures Movers: Oil extends decline on trade worries, recession fears

Oil futures trade lower, building on the previous day’s decline, as U.S.-China trade tensions continue to feed worries about a global economic slowdown that would weigh on demand......»»

Category: topSource: marketwatchAug 15th, 2019

Stocks, oil plunge on growing signs of global slowdown

Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator pointed to the growing risk of a U.S. recession that was heightened by data showing Germany's economy in contraction and China's worsening......»»

Category: topSource: reutersAug 14th, 2019