Bloomberg Swiss watchmaker Swatch Group AG said it will let a licensing agreement with Calvin Klein expire after more than two decades. Recent “turbulence” at Calvin Klein’s management led to the decision to end the alliance, which covered watches and jewelry, the Swiss maker of Omega timepieces said in a statement. PVH Corp, the owner of Calvin Klein, named Cheryl …

KIGALI / WAM Global trade enabler DP World inaugurated its Kigali Logistics Platform in the presence of President Paul Kagame of Rwanda, and DP World Chairman and CEO, Sultan Ahmed bin Sulayem. The facility, which has been operational since September 2018 in test mode, has an annual capacity of 50,000 TEUs. When operating at full capacity, it has the potential …

Bloomberg Oil fell again after a weekly loss amid ongoing concern that a fragile economic outlook will continue to weigh on fuel demand. Futures declined 0.6% in New York after dropping 1.7% last week. Policy makers in China, the world’s second-biggest oil consumer, are preparing for two key meetings with fresh evidence that economic growth will slip further from its …