Zara-owner Inditex stalls amid global lockdowns
Zara-owner Inditex has switched its clothes factories in Spain over to making medical supplies and its logistics hub has almost ground to a halt, while Sweden's H&M reports plunge in March sales. Ciara Lee reports.....»»
H&M, Burberry shares slide on Chinese retaliation fears
A number of European-listed clothing companies were down sharply in the wake of China retaliation over dropping cotton made in Xinjiang over forced labor concerns. H&M , Burberry Group , Adidas , Puma and Zara owner Inditex were am.....»»
World shares subdued amid weak data; oil resumes gains
Global shares struggled on Wednesday as weak economic data, doubts about the easing of coronavirus lockdowns and simmering U.S.-China tensions cast a pall over markets......»»
World shares subdued amid mixed earnings; oil falters
Global shares struggled on Wednesday as mixed earnings, doubts about the easing of coronavirus lockdowns and simmering U.S.-China tensions cast a pall over markets......»»
Oil falls on renewed U.S.-China tensions, global glut
Oil prices fell on Monday on worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus......»»
Oil prices fall on U.S.-China tensions, weak factory data
Oil prices fell on Monday on worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease, amid a fresh spat between the United States and China over the origin of the virus......»»
Oil prices fall on demand concerns, U.S.-China trade tension
Oil prices fell on Monday, paring last week's gains, on worries a global oil glut may persist amid slumping demand and U.S.-China trade tensions that could restrict an economic recovery even as coronavirus pandemic lockdowns start to ease......»»
Oil prices slide on demand concerns, U.S.-China trade tension
Oil prices fell on Monday, paring last week's gains, on worries a global oil glut may persist amid slumping demand and U.S.-China trade tensions that could restrict an economic recovery even as coronavirus pandemic lockdowns start to ease......»»
Asia shares turn cautious before earnings, U.S. crude crushed
Caution gripped Asian share markets on Monday amid expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdowns, while a glut of supply sent U.S. crude spiraling to 20-year lows......»»
"Horrifying Global Surge In Domestic Violence" Amid COVID-19 Lockdowns: UN
"Horrifying Global Surge In Domestic Violence" Amid COVID-19 Lockdowns: UN .....»»
Exclusive: Spain"s coronavirus crisis stalls global fashion giant Inditex
Inditex has switched its clothes factories in Spain over to making medical supplies and its logistics hub has almost ground to a halt, effectively freezing the nerve centre of its business from which it supplies stores worldwide......»»
Huawei Releases Latest Flagship Phone Amid Global Coronavirus Lockdown
Huawei has announced the release of the flagship phone, but the launch comes at a time when many countries are imposing lockdowns, or asking for voluntary social distancing due to COVID-19. read more.....»»
Oil markets slump amid coronavirus chaos
Oil prices fell on Monday as governments escalated lockdowns to curb the spread of the global coronavirus outbreak that has slashed the demand outlook for oil and threatened a global economic contraction......»»
Oil steadies after testing new lows as coronavirus chaos intensifies
Oil prices steadied on Wednesday after slipping to new four-year lows, sapped by fears for fuel demand and the global economy amid travel and social lockdowns triggered by the coronavirus epidemic......»»
Zara-owner Inditex shrugs off fashion sector gloom
Inditex is shrugging off the gloom seen at some fashion retail rivals, predicting full-year sales growth of up to 6%. Julian Satterthwaite reports......»»
WeWork losses widen to $1.25 billion amid record office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 billion as the money-losing shared-office operator added a record number of desks to its global network but was unable to control rising costs......»»
Zara-owner Inditex posts higher net profit, sees single-digit sales growth ahead
Spanish retailing giant Inditex says sales rose 7% to €12.82 billion, helped by growth in all brands and regions for the first half of the year......»»
Zara owner Inditex appoints new CEO in drive for digital growth
Zara owner Inditex said it would split its dual role of chief executive and chairman, leaving Pablo Isla to lead the company and appointing Carlos Crespo as new CEO in a sign of the importance of digital strategy in driving sales growth......»»
Zara owner Inditex hikes dividend by 17 pct, but profit disappoints
Zara owner Inditex , the world's biggest clothing retailer, reported annual earnings below analysts' expectations, sending its shares lower. David Pollard reports......»»
Sluggish sales at Zara owner Inditex but margin improves
Inditex, the world's biggest clothing retailer and owner of fashion brand Zara, reported improved profitability on Wednesday for the first three months of its financial year despite negative currency effects. Laura Frykberg reports......»»
Inditex"s Zara forecasts sales rise, while Hermes soars
Zara owner Inditex has forecast a second-half sales rise of up to 6 percent and improved profitability, despite.....»»