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Cartier-owner Richemont names new CEO amid luxury slowdown

Cartier-owner Richemont names new CEO amid luxury slowdown

Richemont is set to redefine its CEO position and move Nicolas Bos into the role, effective from 1 June. Bos,…
Wake up and smell the coffee but where’s the best value espresso?

Wake up and smell the coffee but where’s the best value espresso?

Coffee prices hardly increased in the EU in March, they inched up by 1% on average, hitting a 32-month-low inflation…
British supermarket Sainsbury’s plans to cut costs by harnessing AI

British supermarket Sainsbury’s plans to cut costs by harnessing AI

British supermarket giant, Sainsbury’s could be the latest retailer to harness AI to gain better insights into customer shopping behaviours…
Chevron calls a halt to North Sea drilling as energy tax burden climbs

Chevron calls a halt to North Sea drilling as energy tax burden climbs

US energy giant Chevron has become the latest oil and gas company to pull out of North Sea operations following…
Tesla gets green light to expand German plant as protesters win revision to plans

Tesla gets green light to expand German plant as protesters win revision to plans

Local councillors at the Grünheide municipality just outside Berlin gave Tesla the green light on Thursday evening to expand its…
Hundreds of jobs at risk as fashion brand Esprit files for bankruptcy in Europe

Hundreds of jobs at risk as fashion brand Esprit files for bankruptcy in Europe

Esprit has filed for insolvency «under self-administration» for seven of its subsidiaries in Düsseldorf, Germany. Esprit Holdings is present in more than…
French unemployment holds steady: Are Macron’s labour reforms working?

French unemployment holds steady: Are Macron’s labour reforms working?

French unemployment for the first quarter of the year held steady at 7.5% , according to INSEE. This was the…
Reddit shares surge on news of OpenAI content deal

Reddit shares surge on news of OpenAI content deal

Reddit shares climbed as much as 15% in after-hours trading after the discussion platform confirmed it had struck a deal…
Weekly review of the markets: investors are hit by a reality check

Weekly review of the markets: investors are hit by a reality check

Equity markets across Europe ended lower on Thursday, erasing most of the gains made earlier in the week. Major European…
IBM announces plans to create 800 new jobs across Ireland over three years

IBM announces plans to create 800 new jobs across Ireland over three years

IBM said it plans to hire up to 800 more people in Ireland to help build advanced software underpinned by…
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