Shares of Cartier owner Richemont climb on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after the company reported record full-year sales, even as Asia-Pacific spending waned.
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Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after the company reported record full-year sales, even as Asia-Pacific spending waned.
The port deal could help India strengthen trade ties with Central Asia. But a US sanctions threat clouds the pact.
President Vladimir V. Putin attended a trade fair on Friday in a northeastern Chinese city and toured a state-backed university famous for its cutting edge defense research, highlighting how economic and military ties between the countries have grown despite, or perhaps because of, Western pressure.
The U.S. would be better served by maintaining its open trade system rather than imposing new punitive duties on Chinese goods, the International Monetary Fund said on Thursday, adding that Washington and Beijing should work together to resolve their trade tensions.
Gold, silver and platinum prices have been on a tear so far this year, and strategists say the precious metals could continue to hit fresh record highs over the coming months.
This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here.
BEIJING (AP) — Russian President Vladimir Putin focused on trade and cultural exchanges Friday during his state visit to China that started with bonhomie in Beijing and a meeting with Chinese leader Xi Jinping that deepened their “ no limits ” partnership as both countries face rising tensions with the West.