PARIS (Reuters) - Hermes (HRMS.PA), the French label known for its $10,000-plus Birkin and Kelly bags, plans to add two leather goods workshops in France by 2020 to meet a recovery in demand for luxury goods. Like LVMH (LVMH.PA) and Kering (PRTP.PA), Hermes has reported a sales bounce...
Qatar’s central bank is easing its banking rules for expats, as it grapples with a regional economic boycott about to enter its sixth month. The regulator ordered lenders to allow foreign workers to conduct normal banking transactions for 90 days after the expiry date of their visa, according...
Iraq managed to boost oil export capacity from its southern ports to 4.6 million barrels per day (bpd) after adding a new floating terminal in the Gulf, Oil Minister Jabar al-Luaibi said in a ministry statement.
WASHINGTON (Reuters) - Sales of new U.S. single-family homes unexpectedly rose in September, hitting their highest level in nearly 10 years, offering hope that the housing market was regaining speed after appearing to stall recent months. The Commerce Department said on Wednesday new...
