Oil prices broadly stable as stimulus hopes balance…

NEW YORK: Oil prices were broadly stable on Friday in early U.S. trading, as expectations of more economic stimulus programmes balanced concerns about the recovery in fuel demand as coronavirus cases surge and major crude-producing…

Euro zone downturn slows significantly in June, spurring…

Amsterdam's canals empty and deserted during the government imposed quarantine due to the coronavirus pandemic.SOPA ImagesThe downturn in the euro zone continued to recover in June, according to data Tuesday, giving the latest indication of…

Luxury market pins hopes on millennials as industry…

The global personal luxury goods market shrank by around one percent in 2016, marking the first year of negative growth for the industry since 2009, according to research released Monday by consultancy Bain & Company.Yet…