New York, USA – Luxury watch retailer Watches of Switzerland Group (WOSG.L) reported a 15% increase in U.S. sales for the first half of 2025, driven by heightened demand for high-end timepieces in its key market. The company attributes the growth to strong consumer interest in premium watch brands such as Rolex, TAG Heuer, and

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Milan, Italy – Italian authorities on Wednesday visited the headquarters of 13 high-end fashion firms, requesting detailed documentation on corporate governance and supply-chain oversight as part of an investigation into alleged worker exploitation at subcontractors. Judicial documents obtained by Reuters show the move is part of a broader effort to scrutinize labor practices in the

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Shares in British supermarket giant Sainsbury’s (SBRY.L) fell 4% on Wednesday after the Qatar Investment Authority (QIA) announced it would sell a significant portion of its holding in the company, ending nearly two decades as the grocer’s largest shareholder. Details of the QIA Stake Reduction The sovereign wealth fund plans to offload up to 83.6

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Shares of Marvell Technology (MRVL.O) soared 9% in premarket trading on Wednesday following the company’s $3.25 billion acquisition of semiconductor startup Celestial AI. The deal underscores Marvell’s aggressive push into next-generation AI infrastructure and signals renewed investor confidence in the chipmaker’s strategic vision. Marvell’s AI Expansion Strategy Marvell is doubling down on AI-focused infrastructure after

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The London Stock Exchange Group (LSEG) has announced a strategic partnership with OpenAI to integrate its financial data and analytics into ChatGPT, the AI-powered conversational tool. The collaboration, revealed on Wednesday, aims to enhance LSEG’s data-driven services and provide employees with advanced AI tools for financial analysis. Revolutionizing Financial Data with AI Under the partnership,

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BENGALURU, India – J.P. Morgan has revised its outlook for U.S. monetary policy, now predicting that the Federal Reserve (Fed) will implement a 25-basis-point interest rate cut in December, reversing its earlier expectation of holding rates steady until January. The shift in JP Morgan’s forecast follows recent comments from key Fed officials, including New York

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MOSCOW, Nov 27, 2025 – Russia’s central bank said on Thursday that a surge in global gold purchases—especially among emerging market central banks—is being fueled by the Group of Seven (G7) countries’ move to potentially seize or leverage Russia’s frozen sovereign assets. Gold prices have been on an extraordinary tear in 2025, rising 59% year-to-date,

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BEIJING, November 27, 2025 – China’s top economic planner has urged humanoid robot manufacturers to prevent the market from being flooded with repetitive products, which could stifle innovation and hinder research and development in the industry. The warning came amid rapid growth in China’s humanoid robotics sector, which now features over 150 companies. Government Guidance

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LONDON, November 27, 2025 – The head of Britain’s fiscal watchdog, Office for Budget Responsibility (OBR) Chair Richard Hughes, said on Thursday that he would resign if Chancellor of the Exchequer Rachel Reeves and Parliament lose confidence in him following the early publication of the government’s budget report. The incident, which briefly moved markets, has

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MILAN, November 27, 2025 – Intesa Sanpaolo CEO Carlo Messina has urged the Italian government to avoid imposing excessive taxes on banks, emphasizing the critical role financial institutions play in supporting the country’s public debt. Speaking to Il Sole 24 Ore, Messina highlighted that banks and insurers are key players in funding Italy’s economic and

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