PARIS (Reuters) -French cosmetics giant L’Oreal said on Monday it had signed an agreement to acquire haircare brand Color Wow, as it seeks to tap rapid growth in premium hair products. Haircare was the second fastest-growing category at L’Oreal last year after fragrances, driven by new launches for specific hair types and conditions. The company said earlier this year was targeting more innov ...
By Sukriti Gupta, Sanchayaita Roy and Shashwat Chauhan (Reuters) -European stocks ended lower in broad-based declines on Monday, closing out June with monthly losses as investors monitored for signs of any progress on U.S. trade talks as the July tariff deadline loomed large. The pan-European STOXX 600 index closed 0.4% lower, clocking a more than 1% decline for the month. Global equities suffer ...
Investing.com -- A U.S. judge ordered Argentina to give up its 51% stake in oil and gas company YPF to partially satisfy a $16.1 billion court judgment against the country. U.S. District Judge Loretta Preska in Manhattan ruled on Monday that Argentina must transfer its YPF shares within 14 days to a BNY Mellon (NYSE:BK) custody account. The country must also instruct the bank to transfer the share ...
By Tanay Dhumal (Reuters) -Shares of U.S. renewable energy firms saw a mixed performance in early Monday trading after the U.S. Senate advanced President Donald Trump’s sweeping tax-and-spending bill. The final version preserved tax credits for solar leasing — an arrangement where a third-party owns and installs a solar panel system on a customer’s property for a fee to use the system and th ...