A gauge of top luxury stocks in Europe fell to seven-week lows on Wednesday as a selloff in the sector continued following a strong run this year that has been key for positive returns across broader European markets.
The owners of UAE-based budget retailer Brands For Less Group (BFL Group) are considering selling a minority stake in the business to investors, two sources with direct knowledge of the matter said.
Belgium's Avesta Battery and Energy Engineering (ABEE) on Monday signed a contract with North Macedonia to build a factory for the production of electric batteries for cars, the government said.
European discount retailer Pepco Group will open its first shop in Portugal on Wednesday, launching in its twentieth European territory as one of the sector's biggest store roll-outs gathers pace.
Berkshire Hathaway Inc on Monday disclosed it has begun investing in Capital One Financial Corp while exiting investments in four other stocks, as the company run by Warren Buffett cut back its exposure to equities.