Turkey raises rates to support the pound

© Reuters. TURKEY RAISES RATES TO SUPPORT THE POUND ISTANBUL (Reuters) – The Turkish central bank has raised its rate by 300 basis points on Wednesday, using the great ways to stem the decline of the pound and regain the trust of investors undermined by the interventionism of president Tayyip Erdogan. Without waiting for its […]

Nicolas Ghesquière renew his contract at Vuitton

© Reuters. NICOLAS GHESQUIÈRE RENEW HIS CONTRACT AT VUITTON PARIS (Reuters) – Nicolas Ghesquière, designer of Louis Vuitton, the main profit centre of LVMH (PA:LVMH), has renewed his contract as artistic director of women’s collections of the brand. “I am very happy to continue our journey with Nicolas,” said in a press release, Bernard Arnault, […]