ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent ...
Read More »Richemont slumps as Cartier owner signals China slowdown
Bloomberg Richemont slumped after the Swiss luxury-goods maker signaled that the recent boom in China is over and warned that a trade war could dent demand for Cartier necklaces and Piaget watches. The stock fell as much as 5.4 percent in early trading. Richemont reported an unexpected decline in first-half operating profit amid M&A-related costs and as the company sold ...
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