BRUSSELS Greece is likely to qualify for recapitalization funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector reforms that it can implement by then, euro zone officials said on Friday. The euro zone bailout fund has... More »
MILAN Italian designer Giorgio Armani presented fluid silhouettes and overlapping layers in shades of pink inspired by a “summer breeze” on Friday as he showed next spring’s Emporio Armani collection for women at Milan Fashion Week. Armani, who celebrates four... More »
MILAN Italian fashion house Prada mixed masculine and feminine styles for next spring’s womenswear, presenting a reconstruction of skirt suits and outerwear in stripes, tweed and plaid. Under a ceiling of yellow fibreglass panels and cylinders, designer Miucci... More »
U.S. clothing design company Ralph Lauren (RL.N) looks like a buying opportunity, according to a report on Sunday in Barron’s financial newspaper, which said the company’s investment in new technology should lead to rising profit in coming years. Much of Ralph... More »
LONDON London Fashion Week has sharpened its business focus over the past few years to usher in a new generation of fashion designers who blend creativity with a healthy dose of commerce. Long known as the little sister to Paris, Milan and New York, London is ... More »
Companies and organizations are pledging to provide funds, goods and services to help thousands of migrants arriving in Europe from war-torn and impoverished countries. Companies are helping through both corporate and employee schemes. Following are some examp... More »
LONDON The piano used to play the glissando that kicks off ABBA’s disco hit “Dancing Queen” will be one of the star attractions at a rock and pop auction at Sotheby’s next month where it is expected to sell for up to 800,000 pounds ($1.24 million). The instrum... More »
FRANKFURT European broadcaster RTL will focus on buying online businesses and content producers as it seeks to build itself into a video powerhouse that goes beyond traditional broadcast, its finance chief told Reuters on Thursday. RTL has TV and radio channel... More »
LONDON The Chinese slowdown is forcing many Western companies to take a hard look at their businesses there, leading many to reduce investments, costs and product lines and to tackle increasing bad debts. Double digit growth rates during the first decade of th... More »
CANNES (This version of the story corrects figures on Publicis contract wins, paragraph 13) The reluctance of big companies to spend at a time of lacklustre global growth and fewer major sporting events this year are dampening demand for advertising, said the ... More »
LONDON A Gustav Klimt portrait of a young woman that had been the subject of an ownership dispute fetched the highest price of 24.8 million pounds ($39.1 million) in an auction at Sotheby’s in London on Wednesday evening. Sales at the auction topped 178.6 mill... More »
LONDON Christie’s kept the international art auction caravan rolling with an impressionist and modern art sale that brought in $113 million on Tuesday. A Claude Monet study of mauve irises swaying against a pale blue sky in his Giverny garden was the star lot ... More »
