Burberry Beats First-Half Profits Forecasts, Announces New Growth Strategy

Photo by TOLGA AKMEN/AFP via Getty Images AFP via Getty Images Burberry’s share price rose 1% in risk-off trading on Thursday following the release of better-than-expected trading numbers. Thanks to f...

First-Half Loss Widens By 50% To $430 Mln At Former China Rich List No. 1’s Gome

China’s once thriving Gome Retail has been hurt by Covid fallout and tough competition. … [+] Photographer: Kevin Lee/Bloomberg © 2009 Bloomberg Finance LP Red ink at Gome Retail, controll...

‘Reset Of Investor Expectations’ —JPMorgan Issues Bold Stock Market Prediction After S&P500, Dow, And Nasdaq’s Worst First-Half In 50 Years

Bull market Getty Images This year, the stock market had its worst first-half in 50 years. The S&P 500—the key benchmark for US stocks— dropped 24%, and the tech-heavy Nasdaq shed 33% of its value...

Vanguard Tells Investors Bonds Are Attractive After First-Half ‘Horror Show’

(Bloomberg) — Investors should look to bonds for income and as a hedge to equities again after fixed-income assets suffered a “horror show” first half, Vanguard Group Inc. said. Most Read from B...