Category: Stock market news

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The USA, to consider the customs duty on cars

© Reuters. THE USA, TO CONSIDER THE CUSTOMS DUTY ON CARS (Reuters) – The United States is considering imposing customs duties of up to 25% on imported cars, for reasons of national security, reported Wednesday in the Wall Street Journal. The administration Trump’s dream to open an investigation on the imports of automobiles in the […]

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, […]