Bloomberg Burberry Group Plc’s sales remained below 2019 levels despite a quarterly jump, showing the British brand is trailing some luxury peers in recovering from the pandemic. The shares fell as much as 10%. Comparable store sales in the three months through March soared 32%, the company said in a statement. That was in line with its own forecast. Revenue ...

Bloomberg President Joe Biden told Prime Minister Benjamin Netanyahu he’d support a cease-fire between Israel and Hamas after days of calling for calm but not publicly seeking an end to the conflict, a shift in the US approach to the crisis following days of rising criticism. “The president expressed his support for a cease-fire and discussed US engagement with Egypt ...

Bloomberg A cyclone barreling through India’s west coast sank a barge hired by state-run explorer Oil & Natural Gas Corp (ONGC) prompting a massive operation to rescue 96 people missing from the vessel. “Long-range maritime surveillance aircraft were assisting rescue effort but bad weather was hampering operations,” Indian Navy Spokesman Vivek Madhwal said, adding that about 177 people, who were ...