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30.07.2025 10:33
30.07.2025 10:32
Gucci Sales Tumble as Kering Label Faces Design Change Gucci sales plunged as shoppers turned away from Kering SA’s largest brand. Revenue at the Italian label dropped 25% in the second quarter on a comparable basis, and overall Kering’s sales tumbled 15%. Bloomberg’s Angelina Rascouet reports.

30.07.2025 10:06
UK to Recognize Palestine If Israel Doesn’t End Gaza War Prime Minister Keir Starmer said the UK would formally recognize a Palestinian state by the United Nations General Assembly in September if Israel does not stop its war in Gaza. The British premier is seeking to show he’s seized of the issue after domestic pressure ratcheted up for him to recognize Palestine. Last week, French President Emmanuel Macron said he would formally endorse Palestinian statehood at the UN gathering. Bloomberg’s Bill Faries breaks down the situation and what effect Starm

30.07.2025 10:00
Worldline Books €4.1 Billion Impairment Tied to Merchant Arm French payments provider Worldline SA booked a €4.1 billion ($4.7 billion) impairment tied to its merchant services business in the second quarter, reporting earnings for the first time since facing allegations the company ignored warnings of fraud.