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Business
Abercrombie & Fitch lifts annual sales forecast after upbeat quarter
Abercrombie & Fitch Co on Tuesday raised its annual net sales growth forecast, signaling strong demand for its lifestyle brands heading into the crucial holiday shopping…
Italian banks: remedy to MPS’s ills was Lovaglio, actually
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Take your nasty medicine and you will get better,…
Napoleon’s hat sells for over $2M at auction in France
A hat once worn by Napoleon Bonaparte sold for over $2 million at auction. The iconic bicorne hat, faded and damaged over the centuries, sold for 1.5 million Euros…
Broadcom-VMware $69bn merger to close after China approves deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US chipmaker Broadcom will complete its acquisition of…
Texas AG sues Pfizer for allegedly selling medicine it knew was ineffective, manipulated quality-test results
Texas Attorney General Ken Paxton has sued Pfizer and its drug manufacturer for allegedly providing medicine it knew to be ineffective. In a lawsuit unsealed Monday, Paxton…
UK Supreme Court rules Deliveroo riders are not employees
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK Supreme Court has ruled that Deliveroo riders…
Americans with diabetes see high out-of-pocket costs: What to know
Patients with diabetes are spending between $3,300 and $4,600 – at minimum – to manage the condition, according to a new report from GoodRX. That figure, which includes…
China pushes state banks to accelerate funding for private property developers
Stay informed with free updatesSimply sign up to the Chinese business & financemyFT Digest -- delivered directly to your inbox.Chinese authorities are putting pressure on…
Warning: Buy now, pay later users’ financial well-being at risk, survey says
Shoppers are using buy now, pay later (BNPL) to borrow and spend a lot; they're also having difficulty keeping up with debt payments, according to a recent Morning Consult…
The Zombie notpocalypse
Good morning. Markets do not snooze through Thanksgiving week, as Morningstar pointed out yesterday: for the S&P 500, the three-day holiday week has the average swing of plus…