Fashion house Chanel reaffirms its independence as sales and profits rise
Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away earlier this year, reported higher annual sales and profits on Monday and once again...
Deutsche Bank to set up 50 billion euro bad bank
Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets,...
Boeing dealt new blow as Airbus launches long-range A321
Boeing suffered a fresh setback on the opening of the Paris Airshow on Monday as its engine supplier announced a delay for the U.S. planemaker’s...
Oil prices fall 1% as economic worries outweigh tanker tensions
Oil prices slipped more than 1% on Monday as signs of an economic slowdown amid international trade disputes began to outweigh supply fears stoked by...
Collective Health secures $205 million in funding led by SoftBank Vision Fund
Collective Health, which makes software for companies to pay workers’ health costs directly, said on Monday it had raised $205 million in new funding led...
Pfizer bolsters cancer portfolio with $10.64 billion deal for Array
Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash to beef up its cancer portfolio as it faces...
Activists revisit Stonewall to rekindle its spark
A police raid on a New York City bar in 1969 galvanized what would become an American gay rights movement that fifty years later can...
From poo to food: Kenyan toilet waste key for new animal feed
Kenyan farmer Victor Kyalo’s chickens have doubled the number of eggs they are laying. The reason: Human excrement....
China stands by Hong Kong leader after days of street protests
China doubled down on its support for Hong Kong leader Carrie Lam on Monday after days of protests in the Chinese-ruled city over a planned...
China won’t allow Hong Kong leader to step down despite mass unrest: HK official
Beijing won’t let Hong Kong’s leader, Carrie Lam, step down even if she wanted to, a senior city government official close to her said on...