Louis Vuitton senior designer to take lead at French label Chloé: sources
PARIS (Reuters) – French fashion house Chloé is set to name as it new creative director Natacha Ramsay-Levi, second-in-command to Louis Vuitton designer Nicolas Ghesquiere, sources told Reuters, as the industry braces for a fresh round of leadership changes.
Investment banking fees fall 7 percent in 2016 dragged down by equity raisings
LONDON (Reuters) – Investment banking fees fell 7 percent worldwide in 2016, dragged down by a 23 percent fall in equity capital market (ECM) fees, Thomson Reuters data showed on Wednesday, raising the pressure on banking giants fighting to restore pro…
Greek prosecutor raids Novartis Athens offices in bribery probe
ATHENS (Reuters) – Greek corruption prosecutors have raided the Athens offices of Swiss drug maker Novartis as part of an ongoing probe over bribery allegations after media reports, a court official told Reuters on Wednesday.
Maersk, Alibaba team up to offer online booking of ship places
SHANGHAI (Reuters) – Maersk, the world’s largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firm…
Amazon doubles deliveries in 2016 for third-party sellers
(Reuters) – Amazon.com Inc shipped 50 percent more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall, the retail giant said on Wednesday.
Upbeat service activity, inflation outlook lift investors’ spirits
LONDON (Reuters) – Investors took heart from upbeat economic data and growing signs that inflation on both sides of the Atlantic is gradually accelerating, fuelling a second day of 2017 gains across world stock markets on Wednesday.
Oil prices rise on expected drop in U.S. oil inventories
LONDON (Reuters) – Oil edged higher on Wednesday on expectations that U.S. crude oil inventories are falling and on signs that oil producers are willing to stick to agreed output cuts that came into effect this week.
Judge halves $1 billion award in J&J hip implants case
(Reuters) – A U.S. judge almost halved the award in a December jury verdict that ordered Johnson & Johnson and its DePuy Orthopaedics unit to pay more than $1 billion to plaintiffs in six lawsuits who said they were injured by DePuy’s Pinnacle hip implants.
Lufthansa says to hire more than 3,000 new staff in 2017
FRANKFURT (Reuters) – German airline Lufthansa plans to hire more than 3,000 new staff in 2017, most of them flight attendants, it said in a statement on Wednesday.
Faraday Future unveils electric vehicle in Las Vegas to kick off CES
LAS VEGAS (Reuters) – Electric vehicle start-up Faraday Future showed off in Las Vegas on Tuesday a prototype of a vehicle set for production next year as the China-backed company strives to win credibility in the crowded sector and weather its funding…
