Hermes Defies Luxury Slowdown With Sales Jump in China
Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.
Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.
Chinese refiners are paying a little less for Venezuelan oil after the US reimposed sanctions on the South American producer.
Prime Minister Pedro Sanchez announced that he may resign after a court in Spain opened an investigation into his wife, pushing the country into uncharted political territory and raising the possibility of a new general election.
J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in shoppers with its loyalty card and inflation fades.
AstraZeneca Plc’s profit rose in the first quarter, buoyed by demand for its cancer blockbusters Imfinzi and Tagrisso as well as newcomer Enhertu.
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