By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) -Oil dropped over 2% on Thursday as a potential U.S.-Iran nuclear deal raised the prospect of increased global crude supply, and Wall Street indexes were mixed in choppy trading. European shares reversed losses to end higher, with corporate earnings in the spotlight, and gold prices jumped over 1%. U.S. producer prices fell unexpectedly in ...
By Emilio Parodi MILAN (Reuters) -An Italian court has placed a unit of fashion brand Valentino under judicial administration for a year after uncovering worker abuse inside its supply chain, in the latest in a string of cases that have tainted the image of Italy’s luxury brands. Valentino Bags Lab Srl is the fourth fashion company to be targeted by the same Milan court for similar labour issues ...
(Reuters) -Healthcare conglomerate CVS Health (NYSE:CVS) has bid for a significant number of stores and patient data in the Pacific Northwest from bankrupt pharmacy chain operator Rite Aid (NYSE:US90274J5618=UBSS), Bloomberg News reported on Thursday. CVS put in a bid for stores in Washington, Oregon, and Idaho, as well as patient prescription information, Rite Aid CEO Matthew Schroeder told emplo ...
By David Shepardson and Costas Pitas (Reuters) - President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing (NYSE:BA), GE Aerospace and Etihad Airways, the White House said. The White House said Boeing and GE had received a commitment from Etihad Airways to invest $14.5 b ...