Jewellery helps Richemont sales jump amid post-pandemic luxury revival
Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic rebound helped quarterly sales at Cartier owner Richemont rise by…
Category: FINANCE
Lindt sees sales growth ahead as consumers crave sweet treats
Swiss chocolate maker Lindt & Spruengli (LISN.S), said on Tuesday it expects demand for its upmarket chocolates to grow this year after the pandemic saw consumers…
Starbucks ties up with Meituan to bolster presence in crucial China market
Starbucks (SBUX.O), which has seen sales slow in China due to COVID-19’s fallout, is attempting to widen its reach in its second-biggest market globally by distributing…
Singapore cbank issues guidelines to discourage crypto trading by public
The Monetary Authority of Singapore (MAS) on Monday issued guidelines that limit cryptocurrency trading service providers from promoting their services to the general public, as…
Tesla surmounts supply chain woes with blockbuster Q4 deliveries
Tesla Inc (TSLA.O) on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production. It…
The Year of the Doge? 2021, crypto’s wildest year yet
Bitcoin close to $70,000, “memecoins” worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown: 2021 was the wildest yet for…
Morocco’s tough COVID restrictions hammer tourism sector
RABAT, Dec 31 (Reuters) – Businesses working in Morocco’s key tourism sector say the country’s tough COVID-19 restrictions, including a full flight ban, are undermining…
Abu Dhabi outshines Middle East markets in 2021
Dec 30 (Reuters) – Stock markets in the Gulf ended 2021 higher, with the Abu Dhabi index exiting the year with a roar on its…