PARIS (Reuters) – French media conglomerate Vivendi (VIV.PA) and activist fund Amber Capital – the two biggest shareholders in French company Lagardere (LAGA.PA) – said they would go to court over Lagardere’s refusal to hold a special shareholders meeting. The... More »
(Reuters) – LVMH (LVMH.PA) is close to buying U.S. jewelry chain Tiffany & Co (TIF.N) for about $16.3 billion after sweetening its offer, sources said on Sunday, as the owner of Louis Vuitton and Bulgari aims to tap the fast-growing luxury jewelry market. The ... More »
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday expressed concerns that enacting his administration’s proposed ban on many flavored e-cigarette and vaping products would lead to people obtaining them illegally. Trump also raised worries during a r... More »
SEOUL (Reuters) – The South Korean Army has banned the use and possession of liquid e-cigarettes on its bases for health reasons, the military said on Monday, following a government warning for people to stop using the devices. South Korea has a large military... More »
NEW YORK (Reuters) – At a time when U.S. utilities face pressure to rely more on renewable energy, a well-known investor in the space said it is equally important to judge companies by their spending on less glamorous areas like power lines and grid reliabilit... More »
SHANGHAI (Reuters) – China’s tobacco regulator on Friday issued a notice asking e-commerce platforms and businesses to shut online stores that sell electronic cigarette products, in a move aimed at stopping minors from purchasing e-cigarettes through the inter... More »
(Reuters) – Louis Vuitton owner LVMH (LVMH.PA) has approached Tiffany & Co (TIF.N) with a $14.5 billion acquisition offer, people familiar with the matter said, at a time when the U.S. luxury jeweler grapples with the impact of tariffs on its exports to China.... More »
MILAN (Reuters) – Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank’s strategy. The 84-year-old billionaire bought a 7% stake in Medioban... More »
BOSTON (Reuters) – A federal judge on Friday denied an industry bid to put on hold Massachusetts’ four-month ban on the sale of vaping products, keeping intact the toughest prohibition yet in a rapidly developing response to e-cigarettes and their potential li... More »
BOSTON (Reuters) – U.S. District Judge Indira Talwani on Friday denied a motion by the vaping industry to lift Massachusetts’ four-month ban on the sale of e-cigarettes and related products. Source: https://www.reuters.com/article/us-health-vaping-massachusett... More »
(Reuters) – People should stop using e-cigarettes, especially those with marijuana ingredient tetrahydrocannabinol (THC), U.S. public health officials recommended on Friday, as an investigation into illnesses and deaths related to vaping deepens. E-cigarettes ... More »
(Reuters) – Washington state Governor Jay Inslee on Friday urged state agencies to ban flavored and cannabis-derived vaping products, joining other states and the federal government in taking steps to reduce vaping amid a mysterious outbreak of deaths and illn... More »
(Reuters) – Several deaths and potentially hundreds of illnesses tied to e-cigarettes, which allow users to inhale nicotine vapor, often flavored, without smoking, have been reported by U.S. health agency. Lawsuits on behalf of young consumers have been filed ... More »
CHICAGO (Reuters) – U.S. health investigators are casting a wide net to understand what is sickening hundreds of vapers across the country and still have not ruled out any product on the market, even as vaping industry officials highlight the potential role of... More »
(Reuters) – U.S. public health officials are investigating more than 450 cases of severe lung illnesses and have confirmed at least five deaths related to electronic cigarette products including the devices and liquids used inside them. The Centers for Disease... More »
PARIS (Reuters) – Finance Minister Bruno Le Maire said on Saturday that France would proceed with taxing revenues of big technology firms and urged the United States not to bring trade tariffs into the debate on how to fairly raise levies on digital services. ... More »
PRAGUE (Reuters) – For revelers at one Prague megaclub, gone are the days of being squashed at the bar waiting to get a watered-down cocktail. Two years after becoming the first to try a robot DJ, the five-story Karlovy Lazne Music Club has gone a step further... More »
PARIS (Reuters) – Kim Jones played with time on Friday in his simultaneously classic and dystopian collaboration with Daniel Arsham, filling Christian Dior’s latest menswear collection with tonal, feminine-inspired pieces with a modern edge. The house’s Summer... More »
NEW YORK (Reuters) – LVMH’s Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated sin... More »
(Reuters) – Cigarette maker Philip Morris International Inc has suspended a global social media marketing campaign in response to Reuters inquiries into the company’s use of young online personalities to sell its new “heated tobacco” device, including a 21-yea... More »
SYDNEY (Reuters) – Australia’s Treasury Wine Estates Ltd, the world’s largest standalone winemaker, said on Monday it had won a lawsuit against a “copycat” it had accused of imitating its prestigious Penfolds brand in China. China is Australia’s largest wine e... More »
PARIS (Reuters) – French fashion house Louis Vuitton has pulled Michael Jackson-themed items from its 2019 summer menswear collection following a documentary about alleged child abuse by the late pop star. The collection was shown in January at the Paris Fashi... More »
LOS ANGELES (Reuters) – Hollywood actress Lori Loughlin was dropped by a TV network and her daughter lost a sponsorship deal on Thursday, while students sued prestigious universities in growing fallout from a massive college bribery scandal. Crown Media Family... More »
HANOI (Reuters) – Kim Jong Ale? Rock It, Man? Or how about a glass of Peace Negroniations? Bars in Vietnam’s capital are cashing in on the second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un next week with special concoctions ... More »
WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin are in Beijing this week as Chinese and American negotiators try to hammer out a trade deal to ease a trade war and avert an increase in U.S. tariffs ... More »
WASHINGTON (Reuters) – William Barr, nominated by President Donald Trump to become U.S. attorney general, plans to recuse himself from a major antitrust case, according to people who spoke with him on Thursday, as he navigates possible conflicts of interest pr... More »
MILAN (Reuters) – European shares rose on Wednesday driven by the export-oriented autos and tech sectors as optimism grew that the United States and China could avoid a full-blown trade war that would further brake a slowing global economy. The pan-European ST... More »
LONDON (Reuters) – Apple’s first sales warning in nearly 12 years sent European shares sliding on Thursday, with the tech sector particularly badly bruised as chipmakers that supply the iPhone maker fell sharply. The pan-European STOXX 600 fell 0.9 percent as ... More »
(Reuters) – The U.S. Food and Drug Administration (FDA) plans to meet top-level executives of e-cigarette makers, the agency’s chief said on Thursday, hinting that some companies seem to be backing away from commitments related to youth’s access to e-cigarette... More »
PARIS (Reuters) – French President Emmanuel Macron will urge a visiting group of top Silicon Valley venture capitalists this week to invest in the nation’s start-ups while calling on them not to “steal” the best creations, four sources told Reuters. The discre... More »
LONDON (Reuters) – European shares made a modest bounce on Tuesday, recovering slightly after trade tensions sent stock markets into a spiral as investors shed risky assets. The pan-European STOXX 600 was up 0.3 percent by 0837 GMT, but was far from making up ... More »
COLLEGE STATION, Texas (Reuters) – A master distiller and a crop scientist who specializes in corn breeding are working on a project they hope one day will help bring local identities to American whiskeys. Seth Murray, a top corn breeder at Texas A&M Universit... More »
FILE PHOTO: Freight trucks are driven on the Fisher freeway in Detroit, Michigan, U.S., March 27, 2009. REUTERS/Rebecca Cook/File Photo SEATTLE/BOCA RATON, Fla. (Reuters) – The drive for cost cuts and higher margins at U.S. trucking and railroad operators is p... More »
FILE PHOTO: Chanel logo is seen on the company’s store in Monte Carlo, Monaco, December 9, 2017. REUTERS/Eric Gaillard/File Photo PARIS (Reuters) – French couture house Chanel has taken a minority stake in London-based online retailer Farfetch, the companies s... More »
FILE PHOTO: Bernard Arnault (L), chairman and chief executive officer of LVMH Moet Hennessy-Louis Vuitton, speaks with Pierre Gode, LVMH Moet Hennessy-Louis Vuitton’s director, during the company’s annual shareholders meeting in Paris May 15, 2008. REUTERS/Cha... More »
FILE PHOTO: Goose Island beer taps are seen amongst other craft beers at a bar in New York January 21, 2015. REUTERS/Brendan McDermid/File Photo (Reuters) – Makers of craft beer, artisanal spirits, hard cider and mead may lift their glasses a bit higher next y... More »
FILE PHOTO: Sabeco’s Saigon beers are display for sale in a market in Hanoi, Vietnam April 17, 2017. Picture taken April 17, 2017. REUTERS/Kham/File Photo Ho CHI MINH CITY/SINGAPORE (Reuters) – Thai Beverage (TBEV.SI), through a local unit, won the rights to b... More »
Bottles of Sabeco’s Saigon beer are seen at a restaurant bar in Hanoi, Vietnam December 18, 2017. REUTERS/Kham HO CHI MINH CITY (Reuters) – A unit of Thai Beverage (TBEV.SI) won the auction to buy a $5 billion or 54 percent stake in top brewer Sabeco SAB.HM in... More »
HELSINKI (Reuters) – Finnish lawmakers narrowly voted on Friday to let grocery stores sell stronger alcoholic drinks, after months of public debate pitting supporters of drinker’s rights against health campaigners. Shops will be able to sell drinks with an alc... More »
FILE PHOTO: Cans of beer move along a production line at a factory of Saigon Beer Corporation (Sabeco) in Hanoi, Vietnam June 23, 2017. REUTERS/Kham/File Photo SINGAPORE (Reuters) – Vietnam’s biggest brewer Sabeco SAB.HM has received a strong response from pot... More »
SHANGHAI (Reuters) – Chinese stocks slipped further on Friday after the biggest selloff in months the previous day, with fresh government steps to reduce financial risks and a rout in the bond market sapping investors’ confidence. The blue-chip CSI300 Index .C... More »
Onder Ceyhan, a 25-year old university student, brews his own beer at his home in Ankara, Turkey, November 6, 2017. REUTERS/Umit Bektas ANKARA (Reuters) – Carefully testing the temperature of a bucket of fermenting beer, Onder Ceyhan pushes back the foam to ad... More »
Carlsberg (CARLb.CO) is keen on expanding its stake in Habeco BHN.HM, one of Vietnam's biggest brewers, to at least 51 percent, a local news website reported, citing a Habeco executive. More »
Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. More »
FILE PHOTO: Virginia Attorney General Mark Herring speaks at the Virginia Democratic Party’s annual Jefferson-Jackson party fundraising dinner at George Mason University in Fairfax, Virginia, U.S. June 26, 2015. Four years ago, Frances Broaddus-Crutchfield, 74... More »
A woman walks past a Lanvin store in Paris, France, January 12, 2017. Lanvin, France’s oldest fashion brand, named on Tuesday Olivier Lapidus as its new artistic director, following the departure of Bouchra Jarrar. More »
Bourbon whiskey barrels in St. Philip, Barbados December 2, 2016. Picture taken December 2, 2016. REUTERS/Adrees Latif Alcohol and automobiles famously do not mix – but one Scottish scientist has disproved that maxim by driving a car powered by biofuel derived... More »
Actress Kirsten Dunst poses before Dior fashion house Haute Couture Fall/Winter 2017/2018 show in Paris, France, July 3, 2017. REUTERS/Charles Platiau French fashion house Christian Dior marked its 70th anniversary on Monday with a show staged outside the Inva... More »
FILE PHOTO: A laboratory assistant holds one hemisphere of a healthy brain in the Morphological unit of psychopathology in the Neuropsychiatry division of the Belle Idee University Hospital in Chene-Bourg near Geneva, Seitzerland in a March 14, 2011 file photo... More »
FILE PHOTO: A view of the London skyline shows the City of London financial district, seen from St Paul’s Cathedral in London, Britain February 25, 2017. REUTERS/Neil Hall/File Photo Global investors are distinguishing between the UK and the rest of Europe as ... More »
Visitors taste Pisner beer at the Norrebro Bryghus in Hedehusene, Denmark, May 4, 2017. REUTERS/Julie Astrid Thomsen A Danish brewery is drawing on 50,000 liters of urine collected from the largest music festival in Northern Europe in producing a novelty beer ... More »
Investors look at an electronic board showing stock information on the first trading day after the New Year holiday at a brokerage house in Shanghai, China, January 3, 2017. REUTERS/Aly Song China’s stock investors are chasing up the country’s version of the “... More »
FILE PHOTO: A Marlboro cigarettes pack, a brand of Philip Morris Tobacco, lies next to an empty coffee cup at a cafe in central Sydney June 27, 2011. REUTERS/Daniel Munoz/File Photo Philip Morris International said on Friday it has applied for pre-market appro... More »
Givenchy named Clare Waight Keller as its new artistic director on Thursday, becoming the first woman at the creative helm of the French fashion house founded by Hubert de Givenchy in 1952. More »
(L to R) U.S. architect Franck Gehry, LVMH CEO Bernard Arnault, French President Francois Hollande and Paris Mayor Anne Hidalgo watch a model af a new architectural project lead by LVMH in the ‘Bois de Boulogne’ in Paris, France, March 8, 2017 with plans to re... More »
Britain Formula One – F1 – British Grand Prix 2016 – Silverstone, England – 8/7/16Vijay Mallya during the press conference. Action Images via Reuters / Matthew ChildsLivepic Vijay Mallya, the one-time billionaire who co-owns the Force India Formula One team, s... More »
Altria Group Inc said on Friday it was working with authorities to investigate if the smokeless tobacco products it recalled earlier this week were tampered with. More »
FILE PHOTO – Young men sing outside Victoria station in London during the Christmas party season, December 17, 2015. REUTERS/Paul Hackett/File Photo Scientists have found that the brain cells in mice that stimulate the urge to eat can be activated by alcohol a... More »
Republican U.S. President-elect Donald Trump continued holding meetings on Monday in New York as he prepared to take over the White House from Democrat Barack Obama on Jan. 20. More »
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks with reporters after the weekly Senate Democratic caucus luncheon at the U.S. Capitol on Washington, U.S. January 4, 2017. REUTERS/Jonathan Ernst Senate Democratic leader Chuck Schumer on Monday pushed ag... More »
Firefighters attempt to extinguish flames from a fire in a building in Lausanne, Switzerland September 26, 2009. REUTERS/Valentin Flauraud/File Photo Switzerland is easing an alcohol ban for volunteer firefighters and other emergency workers using heavy vehicl... More »
German Chancellor Angela Merkel told Ethiopia on Tuesday to open up its politics and ensure police do not use heavy-handed tactics against protesters, after more than a year of unrest that rights groups say has led to about 500 deaths. More »
LOS ANGELES Celebrities might be flocking to the front rows of this week’s London Fashion Week shows, but some designers are swapping the runway for Hollywood’s awards season red carpets as the fashion world seeks new ways to draw attention. Ahead of Sunday’s ... More »
ROME – Ennio Morricone, who wrote some of cinema’s best-known sound tracks, said on Saturday he was glad he agreed to Quentin Tarantino’s plea to do the score for the hit film “The Hateful Eight” after first turning him down. Morricone changed his mind only af... More »
COGNAC, France France’s centuries-old cognac houses are raising their bets on the U.S. market with new products and campaigns to broaden the drink’s appeal beyond its African American stronghold. The big four producers — LVMH Moet Hennessy (LVMH.PA), Remy Coin... More »
BRUSSELS Anheuser-Busch InBev’s (ABI.BR) CEO says a study of SABMiller’s (SAB.L) African beer markets and talks with top shareholders led to an “alignment of stars” that drew it to its nearest rival. But observers say the real catalysts for the $100 billion ta... More »
