Sales of springsummer collection rose 16 in past month Net profit of 1.2 billion euros exceeded analyst expectations Results come despite 20 rise in average wages in Spain Company to invest 1.6 billion euros to expand store space by 3 Shares reach highest since 2017 MADRIDLONDON, June 7 Reuters Zara owner Inditex said on Wednesday sales […]

June 7 Reuters Coinbase executives on Wednesday defended the company against a lawsuit brought by the U.S. securities regulator, saying the cryptocurrency sector lacks a clear set of guidelines. The Securities and Exchange Commission SEC on Tuesday alleged Coinbase traded at least 13 crypto assets that are securities that should have been registered, including tokens such as Solana, […]

LONDON, Reuters Britain39;s largest mortgage provider Halifax will ramp up interest rates for new home loans on Wednesday, according to pricing provided to brokers, the latest major lender to do so in response to soaring funding costs. Unexpectedly strong British inflation data last month sparked a big jump in market interest rates as investors scrambled to price […]

Reuters Reddit said on Tuesday it is laying off about 5 of its workforce, or 90 employees, joining a list of technology companies that have been cutting jobs across corporate America. Tech companies including Meta Platforms have been slashing jobs after aggressively hiring during the pandemic, as the industry braces for an economic downturn. Meta, the […]