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H&M missed its profit target as higher costs weighed on earnings

H&M missed its profit target as higher costs weighed on earnings

H&M will miss its key profit target this year but said sales momentum picked up throughout July and August before…
Online retailer Shein will soon hold a pre-IPO roadshow in London, Reuters reported

Online retailer Shein will soon hold a pre-IPO roadshow in London, Reuters reported

The logo of fast fashion e-commerce company Shein outside its office in Guangzhou, Guangdong province, southern China. Ngoc Cao |…
US dock workers call off strike that threatens to paralyze ports

US dock workers call off strike that threatens to paralyze ports

Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. A strike that…
Forvia cuts sales, profit outlook due to market uncertainty

Forvia cuts sales, profit outlook due to market uncertainty

The auto parts supplier cut its revenue and profit forecast for the year as market uncertainty in Europe and high…
Digital bank Revolut criticizes Meta for its deceptive approach

Digital bank Revolut criticizes Meta for its deceptive approach

Revolut CEO Nikolay Storonsky (L) and Meta CEO Mark Zuckerberg. Reuters British financial technology company Revolut on Thursday criticized Facebook…
Nine people died as Israel launched multiple airstrikes on Beirut

Nine people died as Israel launched multiple airstrikes on Beirut

Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. Israel launched multiple…
Japan’s new Prime Minister proposes a happiness index

Japan’s new Prime Minister proposes a happiness index

of Japan Prime Minister Shigeru Ishiba will propose a new happiness index in his first parliamentary policy speech on Friday,…
LVMH expands its influence in the industry by investing in Moncler

LVMH expands its influence in the industry by investing in Moncler

LVMH is investing in Moncler in a transaction that gives the luxury giant a seat on the board of the…
Automobile giants are worried about the prospect of heavy fines

Automobile giants are worried about the prospect of heavy fines

Workers produce pure electric vehicles at the Volkswagen (Anhui) factory in Hefei, China, on September 25, 2024. Photo | Future…
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