Hints and tips:
...BT Group chief executive Philip Jansen is preparing to step down next year, prompting the telecoms company to begin a search for his successor, according to two people familiar with the matter....
...European Central Bank chief economist Philip Lane discusses the ECB’s response to global shocks in our latest Economists Exchange feature....
...See the full agenda here, which includes interviews with the chief executives of Philip Morris International and Japanese chipmaker Renesas Electronics....
...At one point, the company came close to acquiring Net-a-Porter, now owned by Swiss group Richemont....
...The Persson family owns H&M, the Kamprad family Ikea, the Westons Primark, Walton family Walmart, Dickson Poon Harvey Nichols, Rupert family Richemont . . ....
...Europe’s Stoxx 600 index fell 0.7 per cent, as luxury goods makers who are heavily reliant on Chinese sales slipped, with Burberry, Richemont and LVMH each down more than 2 per cent....
...Shares in luxury goods makers exposed to the Chinese market notched notable declines in Europe, with LVMH and Richemont and Burberry each down around 2 per cent....
...Ralph Atkins Lex writer Best of Lex articles Philip Morris/Altria: smokin’ Purdue/opioids: this is going to hurt HK protests/property: rough cuts Swatch Group/Richemont: watch strapped Fanuc/manufacturing...
...In Europe, the shares of luxury goods makers like Burberry, Richemont and LVMH, who rely on Chinese sales slipped....
...Tang’s solo businesses included Shanghai Tang, founded in 1994 and later sold to the luxury group Richemont....
...Earlier this month, Richemont reported that sales in Europe had fallen 3 per cent because of falling levels of tourism on the continent....
...Massenet built Net-a-Porter internationally before selling it to luxury-goods group Richemont for more than $50m in 2010, and remains an executive chairman....
.... ● Soft markets and the impact of global markets regulation are likely to dominate the full-year results of ICAP , the interdealer broker, writes Philip Stafford....
...A decade ago, Samsung Electronics was a little known brand outside of Korea, but has now grown to many times the size of Sony and Philips combined....
...Philips Electronics suffered multiple price target downgrades following weaker-than-expected earnings, reported on Monday....
...“The recovery may be industrially-based and externally-biased but it is for real,” wrote Philip Isherwood, head of equity strategy at Evolution Securities....
...Luxury goods groups Richemont and Swatch Group fell 1.1 per cent to SFr38.62 and SFr56.60 respectively....
...Its main player Philips, the Dutch healthcare and electronics group, has risen 32 per cent....
...On Thursday, SNB vice chairman Philip Hilderbrand made it quite clear quantitative easing was among the only options....
International Edition