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Mattel mired in longest streak of daily declines since 2015

Bloomberg Mattel Inc extended its longest streak of daily declines since 2015 after Goldman Sachs analysts cut estimates following the toymaker’s loss of licensing for certain DC Comics products, including boys’ action toys. Spin Master Corp will be the new licensee for DC in the boy’s action category, remote control and robotic vehicles, water toys and games and puzzles, displacing ...

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London’s loss is Luxembourg’s gain as funds face Brexit flux

Bloomberg Britain’s Brexit limbo is helping to give Luxembourg’s booming funds industry a boost at the expense of jobs in the City of London. UK funds are racing to set up management units in the EU to avoid being locked out of the soon-to-be 27 nation bloc come March 29. And many are choosing tiny Luxembourg, which has already carved ...

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Russia mulls constitution changes over Putin’s term

Bloomberg The speaker of Russia’s parliament raised the possibility of changing the constitution as speculation grows that the Kremlin is considering ways to allow President Vladimir Putin to remain in power beyond the end of his current term, when current law requires him to step down. “This is about the transfer of power,” said Gleb Pavlovsky, a political analyst and ...

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