When even LVMH misses estimates, it’s not a good look for the luxury sector. While the owner of the Louis Vuitton and Christian Dior brands still delivered 8% growth in organic sales in the final quarter of the year, this was slightly below the consensus of analysts’ estimates of 8.7%. Organic sales from the fashion and leather goods division rose ...

The Federal Reserve cut interest rates three times last year and pledged not to increase them absent meaningful increases in wages and inflation — welcome news for the labour market and economic expansion. But in a twist, the shift wasn’t welcomed by one group of people: would-be homebuyers. Although lower mortgage rates mean more households can afford a higher purchase ...

Dubai / WAM Hub71, Abu Dhabi’s tech ecosystem officially launched WeWork x Hub71 – three floors of beautifully designed workspace offering 1,200 desks for members to innovate, collaborate and connect – in the award-winning international financial centre, Abu Dhabi Global Market, on Al Maryah Island, Abu Dhabi. The grand launch event was attended by Hub71’s strategic partners, senior government officials, ...