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Friday, July 27, 2018

Luxury group Kering's shares fall, Gucci seen bit weaker than forecast

Shares in luxury goods group Kering , which hit record highs last month, fell back sharply on Friday as traders said sales growth at Kering's Gucci brand had come in a bit weaker than forecast.


from Reuters: Business News https://ift.tt/2LsRGJN

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf