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Burberry licenses beauty business to Coty in new drive to expand
LONDON British luxury brand Burberry (BRBY.L) said on Monday it would transfer its beauty business to U.S. group Coty (COTY.N) in a deal that will bring in around $225 million plus ongoing royalty payments and grow the division. Known for its British-made trenchcoats, Burberry's fragrances include My Burberry and Mr
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Samsung Electronics says first-quarter operating profit up 48 percent year-on-year | Reuters
SEOUL Strong memory chip earnings propelled tech giant Samsung Electronics Co Ltd (005930.KS) to its best quarterly profit in more than 3 years, the
Dollar firm, shares slip as Fed rate rise looms
SYDNEY The dollar clung to broad gains on Friday as the risk of an imminent U.S. interest rate hike slugged sovereign bonds and commodities, even managing to sour Wall Street's party as the reality of rising borrowing costs began to
Airbus reached A350 delivery target in 2016: sources
PARIS Airbus (AIR.PA) reached a target for at least 50 deliveries of its A350 wide-body jetliner in 2016, two industry sources said on Friday.Widely watched deliveries of the newest European long-haul jet had been delayed by problems in supplies of
