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Kering shares fall after Gucci growth slows

Bloomberg Kering SA shares tumbled after slowing growth at Gucci, its biggest brand, put more pressure on the label’s new collection to deliver a strong holiday season. Comparable sales at the Italian brand rose 3.8% in the third quarter from a year earlier, Kering said in a statement. Analysts had forecast a 9.3% increase. The performance suffered from virus restrictions, ...

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Blinken calls Venezuela move to leave Mexico talks ‘unfortunate’

Bloomberg Secretary of State Antony Blinken called Venezuela’s decision to withdraw from talks with the political opposition “deeply unfortunate,” saying the move showed how President Nicolas Maduro put his own interests ahead of his country’s. Speaking at a news conference in Quito, Ecuador, Blinken said the extradition of Colombian businessman Alex Saab, an ally of Maduro’s, had been “going on ...

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Merkel’s final weeks marked by fears EU is picking a bad fight

Bloomberg Angela Merkel is worried that some European Union leaders and lawmakers are thrusting the EU into a fight with Poland that leaves no room for compromise and could end in disaster. In her final weeks in the job, the German chancellor has publicly warned in her own carefully couched and diplomatic way about the EU’s tactics in the confrontation. ...

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