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...But that sector now faces increased regulatory scrutiny....
...State Street Global Advisors has warned investors they may face additional costs due to the firm’s approach to the upcoming change to T+1 settlement in the US....
...The parent company behind fashion brands Supreme and The North Face warned a cyber attack has had a “material impact” on its ability to fulfil orders less than a fortnight before Christmas, sending its shares...
...The parent company behind fashion brands including Supreme and The North Face warned a cyber attack has had a “material impact” on its ability to fulfil orders less than a fortnight before Christmas, sending...
...Nike: The athletic apparel maker is projected to post a slight increase in revenue to $13.4bn for the three months to November....
...Disney: The US entertainment company will report its latest quarterly results as it faces a growing battle with activist investor Nelson Peltz....
...Lululemon: The Canadian athletic apparel maker’s revenue is expected to have jumped nearly 18 per cent to $2.2bn in its third quarter, as consumers continued to buy high-end leggings and other gear....
...Thus even if the Fed cut rates this summer, as Powell indicated on Wednesday, these borrowers face a refinancing shock: the Fed governors’ median projection is that rates “will be 4.6 per cent at the end...
...Costs of phone hacking claims are covered by US broadcaster Fox under the terms of the split of News Corp and 21st Century Fox....
...The situation in North America is different: the need for subsea cables is currently less but the US grid is in desperate need of upgrades....
...In the 1990s, the pair merged with the posh Morgan Stanley....
...“With Tokyo-based brands like Nanamica [founded in 2003 by Eiichiro Homma, formerly of Goldwin and responsible for transforming The North Face Japan and Helly Hansen] and The North Face’s Purple Label, Japanese...
...UBS has named Kurt Anthony head of its consumer and retail group in the Americas. He joined the Swiss bank last year from Barclays, where he focused on apparel, speciality retail and packaged food....
...Charts are conservative on purpose; the Corps of Engineers report says that the channel is dredged to a depth of 45 feet....
...Apparel giant H&M was among Renewcell’s investors, as the FT reported back in 2019....
...“I’ll never forget it,” said Hendrix, 52, who grew up in Harlem and now owns a clothing store, Feared Voices, that sells baseball caps and apparel. (He was wearing an obligatory Knicks hat.)...
...The IFC, the private finance arm of the World Bank, is set to discuss its response to an investigation by its Compliance Advisor Ombudsman that it failed to meet the conditions in its own sustainability...
...In today’s newsletter: A $53bn takeover faces a test Shein considers listing in the UK Barclays turns to Blackstone Merger lawyers caught in a Chevron and Exxon oil slick Nobody except the maniacs who...
...And in the north, just as they have almost daily for the past six months, Israeli warplanes pounded Hizbollah targets in retaliation for rocket attacks earlier that night. “We intercepted....
...Nintendo, meanwhile, faces an issue of timing....
...” that reflected a lack of confidence in Israel’s strength and “apparently also a lack of confidence in the righteousness of its path in the face of its enemies”....
...As so often since he took office in 2022 at the head of the most rightwing government in Israeli history, he faces competing demands from international allies such as the US, whose support underpins Israel...
...One option for the Australian government would be to “designate” Meta, which would force the company into arbitration over payments to media companies or face financial penalties....
...Lynch also faces a charge of securities fraud. Autonomy’s chief financial officer, Sushovan Hussain, was convicted on similar charges and sentenced to five years’ imprisonment in 2019....
...“We are closely monitoring North Korea’s related movements, while keeping in mind the possibility of North Korea putting generative AI to bad use,” the official added....
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