By Lucien LibertMARTILLAC, France (Reuters) - The owner of one of France’s top Bordeaux wine chateaux hopes U.S. President Donald Trump’s threat of 200% tariffs on European wine is just posturing because the impact would be devastating if not.Trump on Thursday threatened to slap a 200% tariff on European wines and other alcoholic products unless the European Union scraps its planned tax on Ame ...
By Helen ReidLONDON (Reuters) -Zara owner Inditex (BME:ITX)’s emissions from transport jumped by 10% in 2024 as the fast-fashion retailer used more flights to move clothes from production centres in Asia to its logistics hub in Spain and into stores.The increase highlights the impact of greater air freight use as attacks on container ships in the Red Sea have diverted vessels from the Suez Can ...
Investing.com -- Jefferies raised Revolve Group (NYSE:RVLV) to Buy from Hold on Friday, telling investors in a note that the recent share price pullback as a "compelling entry point." The analysts came away from a recent call with management with greater confidence in the company’s long-term growth potential, driven by AI and personalization, owned-brand expansion, physical retail ex ...
CHICAGO (Reuters) - Canada has lifted a suspension on imports from the biggest U.S. pork-processing plant, a Smithfield Foods facility in Tar Heel, North Carolina, according to U.S. Department of Agriculture records.Canada blocked imports from the facility last week over issues with offal shipments, the company said, limiting a market for U.S. pork products.The halt hit as Washington and Ottawa ha ...