Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "lt's"


25 mentions found


There's a gap in how men and women perceive AI, a new poll found. The poll adds to a growing body of research that suggests AI will affect the jobs of men and women differently. In fact, 53% of women surveyed said they would ban their kids from using AI altogether, compared to 26% of men. AdvertisementAdvertisementThe findings on the AI gender gap is an addition to a growing body of research that suggests that the AI revolution will affect men and women differently. The gender gap also affects women already in the AI world: AI startups in the UK founded by women raised six times less than those founded by men over the last 10 years.
Persons: , Axios, Jordan Marlatt, Marlatt, Erin Young, Jacqueline DeStefano, Nicole Cueto Organizations: Service, International Labour Organization, Pew Research Center, Turing Institute, Omni Business Intelligence Solutions
But the fact that he is the overwhelming favorite to run the GOP, it makes this a staggering Monday,” said presidential historian Douglas Brinkley. Trump once took the stand — unexpectedly and briefly — after he was accused of violating a partial gag order. “My intent is to attend Donald’s appearance as he was gracious enough to attend my court appearances,” he said. Eric Trump, the former president's middle son, who testified in the case last week, said his father was eager for his appearance on the stand. The judge eventually ruled in Roosevelt's favor after a five week trial, in which the former president spent eight days on the witness stand.
Persons: Donald Trump, Trump, “ It’s, , Douglas Brinkley, , Arthur Engoron, Engoron, Michal Cohen, , Eric Trump, Cohen, Trump's, ” Brinkley, Theodore Roosevelt, William Barnes, Eric Tucker Organizations: Trump, DEMOCRAT, New York Republican Party, Associated Press Locations: Manhattan, New York, Washington
CNN —Try to keep track of the galaxy of former President Donald Trump’s legal problems. The trial marks the first of Trump’s criminal cases expected to proceed. Federal criminal court in Florida: Mishandling classified materialTrump has pleaded not guilty to 37 federal charges brought by Smith over his alleged mishandling of classified documents. A federal judge threw out the lawsuit in November 2022. A New York judge dismissed The New York Times from Trump’s lawsuit regarding disclosure of his tax returns and ordered Trump to pay the newspaper’s legal fees.
Persons: Donald Trump’s, Trump, Teddy Roosevelt, Roosevelt, Woodrow Wilson, Barnes, Doris A, Lawrence H, Budner Theodore Roosevelt, Congress Trump, Letitia James, Judge Arthur Engoron, Donald Jr, Eric, Ivanka, Sarah B, Wallace, Jack Dempsey, Jean Carroll, Jack Smith’s, Joe Biden, Tanya Chutkan, Obama, Chutkan, Stormy Daniels, Attorney Alvin Bragg, Daniels, Michael Cohen, Juan Merchan, Fani Willis, Brad Raffensperger, Jenna Ellis, John Bazemore, Sidney Powell, Kenneth Chesebro, Ellis, Powell, Chesebro, Smith, Allen Weisselberg, Weisselberg, Peter Strzok, Michael Cohen’s, Cohen, William Barr, Judge Lewis Liman, Mary Trump Organizations: CNN, Trump, White House, New York Republican, White, Progressive, DeGolyer Library, Southern Methodist, Congress, New, . New York, Colorado voters, Capitol Police, Minnesota’s, Federal, Iowa Republicans, Supreme, Prosecutors, Manhattan, Attorney, Fulton, Georgia, Republican, Department of Justice, . Justice Department, Reuters, National Archives, Trump Organization, Former Trump Organization, US Capitol Police, Metropolitan Police, FBI, Justice Department, New York Times Locations: New York, Colorado, Washington , DC, Florida, Michigan, Washington ,, Washington, Colorado’s, Denver, Manhattan, Iowa, DC, York, Georgia, Coffee County , Georgia, Atlanta, nemeses, Trump's, Lago, Mar, Bedminster , New Jersey, Rikers
It's a great time to be a boomer
  + stars: | 2023-11-02 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +5 min
Millennials' financial well-being plummeted, and they're worried they won't get what they want in life. Their financial well-being score has risen by 4.04 from August 2022 to August 2023, compared to a .93 jump for all US adults. Over the last year, their financial well-being has tumbled by .94 — the biggest decline across all age groups. About 26% of millennials hold educational debt, according to Morning Consult's polling, compared to around 5% of boomers. According to Morning Consult, around 43% of millennials held credit card debt, compared to around 36% of baby boomers.
Persons: Millennials, they're, , boomers —, millennials, Jaime Toplin, Toplin, they'll, They're Organizations: Boomers, Service, Morning, Federal Reserve's Survey, Consumer Finances
Antara Foto/Jojon/via REUTERS Acquire Licensing RightsLONDON, Nov 1 (Reuters) - The bears are out in force on the London Metal Exchange (LME) nickel market. The global nickel market is entering a period of massive oversupply thanks to an Indonesian production boom. INSG assessed monthly nickel supply-demand balanceBIG SURPLUSThe big short is a bet on a big surplus. The global nickel market moved into supply-demand surplus in May last year and has been there ever since, according to the International Nickel Study Group. The exact timing of that tipping-point is still unknown, which means the big short is still a big bet that the supply chain can close the nickel product gap sooner rather than later.
Persons: Antara, aren't, it's, It's, Kirsten Donovan Organizations: PT Vale Indonesia, REUTERS Acquire, London Metal Exchange, Fund, Investment, Study, EV, Shanghai Futures, GAP Indonesia, Jingmen, New Energy Science, Reuters, Thomson Locations: Sorowako, South Sulawesi, Indonesia, Indonesian, London
Golden Knights survive again, beat Canadiens in SO
  + stars: | 2023-10-31 | by ( Field Level Media | ) www.reuters.com   time to read: +2 min
[1/43] Oct 30, 2023; Las Vegas, Nevada, USA; Vegas Golden Knights left wing William Carrier (28) celebrates with teammates after scoring a goal against the Montreal Canadiens during the second period at T-Mobile Arena. Paul Cotter and William Carrier scored goals for Vegas, which improved to 9-0-1 with its third shootout victory of the season. Sean Monahan scored a short-handed goal and Nick Suzuki also scored for Montreal, which had a two-game winning streak snapped. The Golden Knights regained the lead near the end of the period by capitalizing on a delayed penalty. The Golden Knights had a chance to win it with 2:52 to go in overtime when Eichel got a penalty shot after being held by Suzuki on a breakaway.
Persons: William Carrier, Stephen R, Hill, Shea Theodore, Paul Cotter, Sean Monahan, Nick Suzuki, Sam Montembeault, Jack Eichel, Suzuki, Jonathan Marchessault, Theodore, Alex Newhook, Cotter, Montembeault's, Monahan, Chandler Stephenson, Rafael Harvey, Eichel, Montembeault Organizations: Vegas Golden Knights, Montreal Canadiens, Mobile, Vegas, Montreal, Canadiens, Golden Knights, Thomson Locations: Las Vegas , Nevada, USA, Las Vegas, Hill
One of them said that the cut off point could be closer to 6 billion euros ($6.33 billion). Some analysts had already questioned Renault's hoped-for valuation of up to 10 billion euros, with some suggesting the carmaker should pursue alternative options to raise cash. De Meo said in September that the listing could value Ampere at between 8 and 10 billion euros, above the French carmaker's own current market capitalisation of 9.55 billion euros. Other EV makers have seen their market value fall sharply in recent months. The Ampere IPO would include a mix of Renault's shares and new shares and could happen as early as April 2024, one of the people said, depending on market conditions.
Persons: Gonzalo Fuentes, Ampere, France's, Tesla, Renault's, Luca de Meo, China's Geely, IPOs, De Meo, Bernstein, de Meo, Elon Musk's Tesla, Mathieu Rosemain, Silvia Aloisi, Pablo Mayo Cerqueiro, Gilles Guillaume, Anousha Sakoui, Alexander Smith Organizations: Renault, Viva Technology, Porte de, REUTERS, Reuters, DKV Mobility, HK, Saudi Arabia's Aramco, Nissan, IPOs Renault, EV, Commission, UBS, Barclays, Ampere, Mitsubishi, Thomson Locations: Porte, Paris, France, LONDON, China, Saudi, Europe, Ampere, Elon
Thousands of current and former interns were surveyed about the most prestigious internships. The 13,000 interns rated the top companies on a scale of 1 to 10. Career intelligence company Vault surveyed 13,000 current and former interns, and they shared which companies they believe have the most prestigious internships. Wall Street summer interns can earn over $52,000 before taxes at some firms during their 11-week program. Here are the top 10 most prestigious internships according to thousands of current and former interns.
Persons: , J.P, Morgan Mike Kemp, Jason Reed JIR, McKinsey & Company FABRICE COFFRINI, Joe Raedle, Morgan Stanley, Morgan Stanley's, Michael M, Goldman Sachs Michael M, Microsoft Toby Scott, Artur Widak Organizations: Service, White, Getty, CIA, U.S . Central Intelligence Agency, McKinsey & Company, SpaceX SpaceX, Times, Apple, California Thomson Reuters, Microsoft, NASA Locations: Langley, REUTERS, AFP, Palo Alto, California
NEW YORK (AP) — A man was trapped inside a steel-reinforced concrete jewelry vault in New York City overnight after firefighters had to abandon an attempt to rescue him for safety reasons. Fortunately, the vault was on a timer and opened on its own Wednesday morning, officials said. Sarrocco did not explain how the man became trapped. Fire and police department personnel were in communication with the man inside the vault and could watch him on a security camera. “The process was started to breach the wall at the vault,” he said in a news conference at the scene.
Persons: John Sarrocco, Sarrocco, Locations: New York City, midtown Manhattan
[1/2] A Mitsubishi Motors logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File photo Acquire Licensing RightsTOKYO/PARIS, Oct 24 (Reuters) - Japanese automaker Mitsubishi Motors (7211.T) will invest up to 200 million euros ($214 million) in the new electric vehicle unit of French counterpart Renault (RENA.PA), Mitsubishi said on Tuesday. Mitsubishi said in a statement it seeks to improve its EV development technology and expand its lineup of battery-powered vehicles with the investment in the Renault EV unit, named Ampere. The decision to invest in Ampere comes after Mitsubishi's partners, Renault and Nissan Motor (7201.T), finalised a restructured alliance in July. Shortly before the announcement, the Nikkei newspaper reported Mitsubishi's investment into Ampere was expected to be about 20 billion yen ($133.85 million).
Persons: Pierre Albouy, Jean, Dominique Senard, Mitsubishi, Ampere, Renault's Senard, Daniel Leussink, Gilles Guillaume, Jacqueline Wong, Christian Schmollinger Organizations: Mitsubishi Motors, 89th Geneva, REUTERS, Rights, French, Renault, Mitsubishi, Renault EV, Nissan, Nikkei, Thomson Locations: Geneva, Switzerland, PARIS, Paris, Ampere, Japan, China, Tokyo
Ctrl Alt, a fintech startup that offers infrastructure to invest in alternative assets, has raised $2.7 million in a seed round. For fintech startups that offer wealth management and investment products, alternatives could provide new opportunities to make revenues from wider yield spreads, Ong said. "The market is tough for fundraising and that has an impact on you as a founder," Ong added. The fresh capital will go towards building out Ctrl Alt's tech team and expanding its relationships with prospective customers. Check out Ctrl Alt's 10-slide seed funding deck below:
Persons: Morgan Stanley, Matt Ong, it's, Ong Organizations: Forward Partners, Middlegame Ventures, Enterprise Ireland, Algorand Ventures, Syndicate Locations: London, fintech
A logo of Renault is seen on a car during the French carmaker Renault's 2022 annual results presentation in Boulogne-Billancourt, near Paris, Feburary 16, 2023. Revenues came in at 10.51 billion euros ($11.07 billion), a touch above an analyst consensus forecast of 10.46 billion euros distributed by the company. Like other European carmakers it is facing strong competition in the EV market from Tesla (TSLA.O) and cheaper Chinese models. Renault confirmed its targets for 2023, adding it now expected a group operating margin closer to 8% for the year from a previous 7-8% forecast. ($1 = 0.9497 euros)Reporting by Gilles Guillaume, editing by Silvia AloisiOur Standards: The Thomson Reuters Trust Principles.
Persons: Christian Hartmann, carmaker, Ampere, Gilles Guillaume, Silvia Aloisi Organizations: Renault, REUTERS, Companies Renault SA, Tesla, carmaker Renault, Turkish, Thomson Locations: Boulogne, Billancourt, Paris, Turkey, Argentina
Jeff Bezos overtook LVMH tycoon Bernard Arnault as the world's second-richest man, per Bloomberg. AdvertisementAdvertisementLVMH founder Bernard Arnault is no longer the world's second-richest person, with his total wealth falling below Jeff Bezos' net worth amid signs of a slowdown in demand for luxury goods. In contrast, Bezos' fortune has ballooned by $49 billion to $156 billion, putting him just ahead of Arnault's $155 billion on Bloomberg's rich list. AdvertisementAdvertisementBoth Bezos and Arnault have previously held the title of the world's richest person, but they currently trail Elon Musk. The controversial X owner's personal fortune has swelled by $97 billion to $234 billion this year, thanks to Tesla's stock price surging by over 100%.
Persons: Jeff Bezos, Bernard Arnault, , Louis Vuitton, Hennessy —, Bezos Organizations: Bloomberg, Service, Federal, Elon
Bowers hurt his left foot midway through the second quarter, not that it mattered as Georgia scored 27 straight points to take control. Vanderbilt (2-6, 0-4) lost its sixth straight overall and sixth consecutive to Georgia. Political Cartoons View All 1211 ImagesThe Commodores opened the game taking a 7-0 lead with their first TD against Georgia under coach Clark Lea. Bowers hurt his left foot at the end of a 14-yard carry midway through the second quarter when tackled on the sideline. Vanderbilt: The Commodores scored their most points against Georgia since 2013 in a 31-27 win.
Persons: — Carson Beck, Brock Bowers, Bowers, Daijun Edwards, Clark Lea, Ken Seals, AJ Swann, London Humphreys, Beck, Dominic Lovett, Tykee Smith, Kendall Milton, Peyton Woodring, Kirby Smart, he’ll, Van Pran, Vanderbilt Organizations: Georgia, Vanderbilt, ., SEC, Bulldogs, Commodores, CBS, Alabama, UP NEXT Georgia, AP Locations: Tenn, . Georgia, Georgia, TAKEAWAYS Georgia, Nashville, UP, Jacksonville, Florida, Mississippi
Two heirs of Birkenstock are now worth $3.4 billion after the company's IPO, Bloomberg reported. Birkenstock listed in New York on Wednesday, but shares opened at 11% below their offer price. AdvertisementAdvertisementTwo of the heirs of German sandal maker Birkenstock are now worth a combined $3.4 billion after the company went public, Bloomberg reported. The nearly 250-year-old company listed on the New York Stock Exchange via an IPO, trading under the ticker "BIRK" and pushing up the fortunes of Alex and Christian Birkenstock. The brothers netted more than €3 billion ($3.2 billion) from that transaction, Bloomberg reported.
Persons: Birkenstock, , Alex, Christian Birkenstock, Christian, Stephan, Karl Birkenstock, Alex Birkenstock, Bernard, Alexandre Arnault, Charles Dolan, Kendall Jenner, Barbie, boomers, Xers, Gen Zers, Greta Gerwig's, Emma Chamberlain Organizations: Bloomberg, Service, New York Stock Exchange, Warner Bros Locations: New York, Germany, Americas, Europe ., Boston, Barbieland
Golden Knights beat Kraken to open Cup defense
  + stars: | 2023-10-11 | by ( Field Level Media | ) www.reuters.com   time to read: +2 min
[1/16] Oct 10, 2023; Las Vegas, Nevada, USA; Vegas Golden Knights defenseman Shea Theodore (27) arrives before the start of a game between the Golden Knights and the Seattle Kraken at T-Mobile Arena. Mandatory Credit: Stephen R. Sylvanie-USA TODAY Sports Acquire Licensing RightsOctober 11 - Adin Hill stopped 32 of 33 shots and Chandler Stephenson had a goal and an assist as the Vegas Golden Knights opened defense of their Stanley Cup title with a 4-1 victory over the Seattle Kraken on Tuesday night in Las Vegas. Jared McCann scored for Seattle, which is opening the season with a three-game road trip that continues on Thursday at Nashville. But the Kraken were unable to capitalize on the ensuing five-minute power play with Hill turning away six shots. Eichel then sealed the win for the Golden Knights with an empty-net goal with 1:15 remaining.
Persons: Shea Theodore, Stephen R, Adin Hill, Chandler Stephenson, Jonathan Marchessault, Ivan Barbashev, Jack Eichel, Mark Stone, Jared McCann, Philipp Grubauer, Stephenson, Brett, Brandon Tanev, Conn Smythe, Barbashev, Brayden McNabb, McCann, Jordan Eberle, Howden, Hill, Eichel Organizations: Vegas Golden Knights, Golden Knights, Seattle, Mobile, Vegas, Nashville, Thomson Locations: Las Vegas , Nevada, USA, Las Vegas
Rebeca Andrade of Brazil denied Biles a 22nd world title by winning the vault competition ahead of the American superstar. Biles' second vault was an excellent Cheng to finish with a combined score of 14.549. Andrade was nearly flawless to snatch the gold medal by a margin of 0.201 points. Asked whether she would try the Yurchenko double pike in competition, Andrade said it would be a “crazy” thing to do. Olympic champion Artem Dolgopyat of Israel won the floor title with 14.866 points ahead of Kazuki Minami of Japan.
Persons: Simone Biles, Biles, Rebeca Andrade, Cheng, Andrade, Yeo Seo, jeong, Laurent Landi, Andrade —, Shilese Jones, Qiu Qiyuan, Kaylia, Rhys McClenaghan, Ahmad Abu Al, Soud, Young, Artem Dolgopyat, Kazuki Minami, Milad, ___ Organizations: Biles, U.S, Tokyo, U.S men's, Israel Locations: ANTWERP, Belgium, Brazil, South Korea, China, Algeria, U.S, Belgian, Biles, Khoi, United States, Japan, Kazakhstan
The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes//File Photo Acquire Licensing RightsCompanies Renault SA FollowPARIS, Oct 5 (Reuters) - Renault (RENA.PA) on Thursday announced the first investor day for its future electric vehicle company, named Ampere, will take place on November 15. Renault's Chief Executive Luca De Meo last month said the unit, which Renault plans to list on the stock exchange as a standalone business by spring 2024, could be valued at up to 10 billion euros ($10.47 billion). ($1 = 0.9550 euros)Reporting by Gilles Guillaume, writing by Tassilo Hummel, editing by Geert De ClercqOur Standards: The Thomson Reuters Trust Principles.
Persons: Gonzalo Fuentes, Ampere, Luca De Meo, Gilles Guillaume, Tassilo Hummel, Geert De Clercq Organizations: Renault, Viva Technology, Porte de, REUTERS, Companies Renault SA, PARIS, Thursday, Renault's, Thomson Locations: Porte, Paris, France
New reports show that, after years of inflation and rising travel costs, travelers may finally be curtailing their travel plans. Interest to travel also fell in Canada and Russia (-4 percentage points each), the survey showed. Source: Morning ConsultAs to whether this suggests pent-up demand is ending: "Yes, our data suggests that is so," said Lindsey Roeschke, travel and hospitality analyst at Morning Consult. "We are sticking with our call that the U.S. will enter recession around the turn of the year," the report states. Intentions to visit North America fell 23 percentage points from 2022 — far eclipsing a drop in interest from South Korea (12 percentage points) and Japan (9 percentage points).
Persons: Lindsey Roeschke Organizations: Travel, Morning, Oxford Economics, Oxford, U.S Locations: Europe, France, Germany, Canada, Russia, North American, Asia, Pacific, Malaysia, United States, U.S, China, Hong Kong, Macao, North America, South Korea, Japan
Billionaire LVMH CEO Bernard Arnault has hit back at allegations of money laundering, after the Paris prosecutor's office confirmed it is investigating financial transactions between Arnault and Russian oligarch Nikolai Sarkisov. In a statement, Arnault's attorney, Jacqueline Laffont, said the allegations were "absurd and unfounded." The investigation, seemingly under way, will demonstrate these facts," she said in an emailed statement over the weekend. "Furthermore, who could seriously imagine that Bernard Arnault, who has developed over the past 40 years the leading French and European company, would pursue money laundering to expand a hotel? I believe the senseless nature of these allegations will be recognized by all."
Persons: Bernard Arnault, Nikolai Sarkisov, Jacqueline Laffont Organizations: Paris, Sarkisov Locations: Courchevel
Officials alleged that Arnault paid Sarkisov about €20 million to own the assets. AdvertisementAdvertisementThe Paris public prosecutor's office said Friday that it is investigating billionaire LVMH CEO Bernard Arnault's dealings with Russian businessman Nikolai Sarkisov, according to multiple media reports. French daily newspaper Le Monde reported that officials are looking specifically into real estate transactions between the two individuals in the ski resort of Courchevel. In 2018, Le Monde said, Sarkisov purchased multiple properties in Courchevel using intermediary companies. Investigators told Le Monde that the transactions look like they masked the origin of the funds, and who the ultimate buyer actually was.
Persons: Bernard Arnault's, Nikolai Sarkisov, Arnault, , Prosecutors, Le Monde, Sarkisov, Le, Le Monde's, Elon Musk, it's Organizations: Officials, Service, Le Monde, Bloomberg Locations: Russian, Courchevel, Paris
[1/23] Sep 27, 2023; Toronto, Ontario, CAN; New York Yankee starting pitcher Gerrit Cole (45) delivers a pitch against the Toronto Blue Jays in the first inning at Rogers Centre. Mandatory Credit: Dan Hamilton-USA TODAY Sports Acquire Licensing RightsSeptember 28 - Aaron Judge hit a pair of two-run home runs, right-hander Gerrit Cole pitched nine innings and the visiting New York Yankees defeated the Toronto Blue Jays 6-0 Wednesday night. The Yankees (81-77) were officially eliminated from postseason contention on Sunday while the Blue Jays (87-71) are trying to clinch an American League wild-card spot. Judge hit the first pitch to him to right for his 36th home run of the season. It was the 37th home run of the season for Judge, who did not play Tuesday in the series opener.
Persons: Gerrit Cole, Dan Hamilton, Aaron Judge, Cole, American League Cy Young, Jose Berrios, Berrios, LeMahieu, Judge, Ben Rortvedt, Gleyber Torres, Giancarlo Stanton, Torres, Trevor Richards, Oswald Peraza, Richards Organizations: CAN, New York Yankee, Toronto Blue Jays, Rogers Centre, New York Yankees, American League, Minnesota Twins, Yankees, Toronto, Blue Jays, Thomson Locations: Toronto , Ontario, Brandon, New York, Toronto
The UK goal was ahead of the 2035 ban in the European Union, where most British-made cars are sold. "The timing sends the message that things can change again, making it difficult for companies to manage their investment strategies." Under the new mandate that the government could make public as early as this week, the 80% 2030 electric target should remain - with the other 20% a mixture of fossil fuel models and hybrids until 2035. "In Britain, there's no industrial strategy, no intent for industrial strategy and no desire for an industrial strategy," Palmer said. "The UK (fossil fuel ban) delay is not a good sign in terms of stability, but they have realigned with EU regulation," said Denis Schemoul, director of European vehicle forecasting at S&P Global Mobility.
Persons: Rishi Sunak, Christopher Furlong, Boris Johnson, Sunak, it's, Philip Nothard, ZEV, Andy Leyland, Adrian Keen, Keen, Andy Palmer, Aston Martin, Palmer, Denis Schemoul, Nick Carey, Barbara Lewis Organizations: Britain's, Rover, Industry, Union, EV, European Union, Cox Automotive, Volvo, Ford, EU, P Global Mobility, Thomson Locations: Warwick , England, British, Britain, EVs, Europe, Spain
Renault to maintain mixed ethanol combustion engines in Brazil
  + stars: | 2023-09-22 | by ( ) www.reuters.com   time to read: +2 min
The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. "It still pays to invest in combustion in Brazil," top executive Ricardo Gondo said at an event, adding that the industry will need more federal incentives to accelerate its EV transition. Renault is planning to launch Brazilian sales of an electric version of its French-made Kangoo van in October, when it will also launch its Kardian combustion engine SUV, set to be manufactured locally. Earlier this month, Renault CEO Luca de Meo warned a "very competitive" industry in China and that it will need to "catch up fast". ($1 = 4.9256 reais)Reporting by Alberto Alerigi Jr.; Writing by Carolina Pulice; Editing by Sarah Morland and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.
Persons: Gonzalo Fuentes, Ricardo Gondo, Gondo, van, JAC, Luca de Meo, Luiz Inacio Lula da Silva, Jair Bolsonaro, Alberto Alerigi Jr, Carolina Pulice, Sarah Morland, Marguerita Choy Organizations: Renault, Viva Technology, Porte de, REUTERS, SAO PAULO, EV, Wall Motor Co, Chery, Qualcomm, Nissan, Brazilian, Thomson Locations: Porte, Paris, France, Brazil, French, Parana, China
"Gucci is the opportunity to fall in love with fashion, ancora," De Sarno said in a post on Instagram in the run-up to the show, using the Italian word for "again." Debut collections can generate mixed reactions, and even positive press reviews are not always a proxy for their future commercial success. Kering shares closed 1.5% higher after the show. At their current price, Kering shares are trading at the equivalent of around 14 times expected earnings over the next 12 months, according to LSEG data. Reporting by Mimosa Spencer and Elisa Anzolin, editing by Silvia AloisiOur Standards: The Thomson Reuters Trust Principles.
Persons: Sabato De Sarno, Kering, De Sabato, Kenneth Richard, Federico Giglio, Giglio.com, Gucci, De Sarno, De, Antoine Belge, Francois, Henri Pinault, Julia Roberts, Ryan Gosling, Louis, Dior, Alessandro Michele, Marco Bizzarri, Jean, Hermes, Mimosa Spencer, Elisa Anzolin, Silvia Aloisi Organizations: luxe, Reuters, Exane BNP, fashion's, Louis Vuitton, Moncler, Thomson Locations: Milan, Italy, New York, Chengdu, Bangkok, London, Brera
Total: 25