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Jeff Bezos has taken second-place on the list of the world's richest people, behind Tesla chief Elon Musk, and knocking LVMH's Bernard Arnault to the No. 3...
Scalise quits speaker race amid struggle for gavel, Microsoft-Activision deal set to close after U.K approval, and other news to start your day.
A tumble in LVMH stock this week has reduced the wealth of Bernard Arnault, who controls the luxury giant. Jeff Bezos could soon overtake him.
A broader cooling in luxury sales could disappoint investors who grew accustomed to the sector's supercharged growth during the pandemic.
Shares in LVMH Moet Hennessy Louis Vuitton fell on Wednesday after the luxury goods seller posted underwhelming financial results that signaled the end of a...