Business & Finance
Gucci’s slump means the end of the luxury megatrend
The dramatic sales collapse suggests it is time to consider each brand individually.
Author
Financial Times
Business & Finance
No, Reddit is not a meme stock
Early involvement by loyal users does not guarantee a large pool of engaged retail investors.
Business & Finance
Invesco wants to use generative AI to cut costs but not yet pick stocks
CEO Andrew Schlossberg says the $1.6tn asset manager is also open to deals in private credit.
Business & Finance
Commodity traders sitting on up to $120bn in cash after years of record profits
Gas and power trading has overtaken oil as the biggest source of profits in the sector, report finds.
Business & Finance
Porsche’s bold EV ambitions keep shareholders idling in the pits
Plenty of investor patience is required before new electric models due out this year contribute to higher profitability.
Business & Finance
Europe’s refineries in demand as Ukraine war boosts oil margins
Falling capacity pushes up premiums for diesel ahead of crude.
Business & Finance
How a survivalist mentality has helped Stellantis eclipse Volkswagen
Fiat owner has surpassed its German rival in market value.
Business & Finance
When fiscal rules create a perverse political trade-off
Attempts designed to encourage probity from politicians mostly end up pushing them to game the system.
Business & Finance
Spain’s supermarket thieves covet olive oil as prices surge
Thefts of ‘liquid gold’ surpass those of ‘ibérico’ ham, cured cheeses and alcohol in most Spanish regions.
