Prada Q3 2026 slides: growth slows to 1% amid luxury headwinds

U.S. President Donald Trump said a deal to reopen the Strait of Hormuz could come as early as Wednesday, as Iran and Oman inched toward an agreement on the critical waterway that could ease pressure on the global economy and potentially help bring an end to the war. The U.S., along with Israel, launched the war on Feb. 28,…

India’s payments authority said on Tuesday a 0.4 per cent fee would be levied on transactions worth more than ₹2,000 (about $20) made to merchants via the homegrown UPI network starting October 15.   The charges will be distributed among the firms facilitating the transactions and are being introduced to bolster investment into infrastructure resilience,…

Downward revisions and finance and insurance job losses paint a pessimistic picture for the U.S. labor market. In the last jobs numbers report before a contentious U.S. mid-term election, the Bureau of Labor Statistics (BLS) reported that seasonally adjusted nonfarm payrolls added 29,000 jobs in September, while the unemployment rate remained stable at 4.2% The…

Ousted Ukrainian Defence Minister’s Failed Election Gamble Sparks Protests Political Turmoil in Ukraine Following Minister’s Dismissal By Dan Peleschuk KYIV, Aug 20 (Reuters) – A bid by ousted Ukrainian defence minister Mykhailo Fedorov to broaden a political fight with President Volodymyr Zelenskiy by calling for wartime elections appears to have backfired, failing to win over…

World Finance Published: Thursday, September 17, 2026, 10:57 [IST] Goldman Sachs now expects the US Federal Reserve to lift interest rates again. The bank sees a 25-basis-point move as early as October. This follows the Fed’s latest policy decision and updated projections. The change matters because many investors had assumed the recent increase ended the…

Mercer Advisors, a Denver-based registered investment advisor with $111 billion in client assets, has refinanced $1.9 billion in existing debt through a syndicated term loan with a seven-year maturity, marking its entry into the syndicated loan market, according to an announcement. It also added a $340 million revolving credit facility with a five-year maturity. The…