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Gap cuts outlook over supply-chain woes

Bloomberg Gap Inc lowered its projection for 2021 sales and profit as supply-chain bottlenecks led to lost sales and higher expenses. The shares fell in late trading. Gap now sees revenue growing about 20% for the full year — down from its previous projection of a 30% gain. Analysts had projected revenue to be 28% higher this year, according to ...

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Bolsonaro’s foe in Covid plan to run for Brazil presidency

Bloomberg The governor of Brazil’s richest and most populous state was picked by the Brazilian Social Democracy Party as its candidate for next year’s election challenging President Jair Bolsonaro. Joao Doria, governor of Sao Paulo, was declared the winner of the primaries for the party known as PSDB, according to Bruno Araujo, who heads the group seeking to reemerge as ...

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Macron leading in first-round of election with 25% of votes: Poll

Bloomberg French President Emmanuel Macron would get 25% or more of the votes in the first round of the election, according to a poll carried out by Ifop-Fiducial for Le Journal du Dimanche newspaper and Sud Radio. Nationalist Marine Le Pen would win 19% to 20% of the first-round vote, depending on who else is running. Far-right commentator Eric Zemmour ...

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