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European Stocks Drop as Luxury Sees $30 Billion Value Wipeout

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European stocks fell, weighed down by a slump for luxury shares that wiped more than $30 billion off their market value, after Kering SA warned that sales at Gucci have plunged.

Hong Kong Faces Battle to Shore Up Its Role as Financial Hub After Security LawPakistan Clinches Initial Approval for $1.1 Billion IMF PayoutDubai’s ‘Sustainable City’ Was Supposed to Start a Trend.

Fed likely to cut rates twice this year, economist says‘The elephant in the inflationary room’: Economists react to CPI dataOttawa should keep its 'hands off' pension funds, says former OTPP headGrocery inflation dipped to 2.

 

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