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Fragrance industry remains luxury standout over demand

  Bloomberg Glassmaker Pochet du Courval SAS has been making perfume bottles for the world’s top beauty brands since before the telephone was invented, through countless consumer booms and busts. Executives at the French company say they have never been busier than they are right now. “The demand is just so strong that we can’t keep up,” said Yves Bouquier, ...

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Steinhoff ex-CEO’s insider trading fine cut to $1.2m

  Bloomberg A fine against former Steinhoff International Holdings CEO  Markus Jooste for insider trading has been cut by almost 90% after a local tribunal set aside the original penalty. The Financial Sector Conduct Authority has issued a revised penalty of 20 million rand ($1.2 million) against Jooste, down from the 162 million rand announced in October 2020, it said ...

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‘Air France, Airbus not liable for Rio crash’

  Bloomberg French prosecutors won’t seek convictions of Airbus SE and Air France-KLM’s French unit over the deadly crash of a plane in the Atlantic en route from Brazil to Paris more than a decade ago. Both the planemaker and airline are standing trial for involuntary manslaughter, but the prosecutor’s office said it’s “not in a position” to request conviction, ...

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