(IDEX Online) - Watches of Switzerland (WoS) has reported a 10 per cent hike in revenue from its US operation - but an 8 per cent drop in the UK and Europe.Revenue across its 202 showrooms dipped slightly during Q1 2024 (to 31 July 2023), down 1 per cent to $485m at constant currency rates.The UK-based business said demand for luxury watches remained robust and continued to exceed supply.But it sa...Read More
(Updates prices) By Eric Onstad LONDON, Aug 16 (Reuters) - Copper prices held aboveseven-week lows on Wednesday as arbitrage buying offered supportwhile zinc dropped to its weakest in two months after a surge ininventories. Three-month copper on the London Metal Exchange(LME) was down 0.3% at $8,174.45 per tonne by 1630 GMT, bouncingafter re-testing the seven-week low of $8,148.50 touched in thep...Read More
Equity index futures were mixed this morning. S&P 500 futures were down 1 point at 8:35 AM EDT.Index futures were unchanged following release of the July U.S. Housing Starts report at 8:30 AM EDT. Consensus was an increase of 1.450 million units versus 1.414 million units in June. Actual was 1.452 million unitsH&R Block gained $1.85 to $37.20 after reporting higher than consensus fiscal fo...Read More
The United States president, Biden, may soon declare a climate "emergency" by next week perhaps.Our spies have informed us of it. And these spies seldom err... in our experience at least.Affirms the Heartland Institute:President Joe Biden and the UN are likely to declare an "official" global climate emergency next week. All the signs are there. The chatter, and the behind-the-scenes maneuvering....Read More
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