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Oil rises on concerns over Strait of Hormuz reopening plans●India to launch digital gold regulatory framework next year●Trump imposes 15% tariff on key chip material to counter China●Can LEAP India IPO deliver long-term growth for high risk investors?●Stock recommendations for 7 August from MarketSmith India●Banks tone down rate-hike bets as RBI sounds dovish on prices●Stocks in news: LIC, Trent, AWL Agri Business, SBI, Titan●OCBC, UOB post higher Q2 profit on stronger fee income●Oil rises on concerns over Strait of Hormuz reopening plans●India to launch digital gold regulatory framework next year●Trump imposes 15% tariff on key chip material to counter China●Can LEAP India IPO deliver long-term growth for high risk investors?●Stock recommendations for 7 August from MarketSmith India●Banks tone down rate-hike bets as RBI sounds dovish on prices●Stocks in news: LIC, Trent, AWL Agri Business, SBI, Titan●OCBC, UOB post higher Q2 profit on stronger fee income●

Markets

64-year-old luxury giant closes at least 217 stores, plans more

TST (Full) - (Official Feed) · 1h ago

64-year-old luxury giant closes at least 217 stores, plans more

“Luxury goods are the only area in which it is possible to make luxury margins,” said Bernard Arnault, CEO of LVMH, the world’s largest luxury group behind powerhouses such as Louis Vuitton, Christian Dior, Fendi, and Givenchy. Arnault may be right about margins, but high fashion isn't ...

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Veteran manager buys 2 ETFs as market shifts

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Bank of America doubles down on SpaceX after earnings

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