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Cosmetics company acquires Hailey Bieber’s beauty brand for one billion dollars

Digital Desk -
Elf Beauty has acquired Hailey Bieber’s Rhode skincare brand in a one billion dollars (£740 million) deal, the companies said. Bieber’s Rhode had 212 million...
BUSINESS

Tesla’s monthly sales in Europe plunge by half

Digital Desk -
Tesla sales across Europe plunged by half last month even as growth in the electric car market picked up pace, according to newly released...
BUSINESS

M&S website back up for browsing after being taken down overnight

Digital Desk -
Marks & Spencer has reopened its website for customers to browse online after taking the site down overnight as part of efforts to recover...
BUSINESS

Elon Musk says he is committed to still being Tesla chief in five years’ time

Digital Desk -
Billionaire Elon Musk has said he is committed to being chief executive of Tesla in five years’ time as the carmaker faced intense consumer...
BUSINESS

IMF chief urges countries to move ‘swiftly’ to resolve trade tensions

Digital Desk -
The head of the International Monetary Fund (IMF) urged countries to move “swiftly” to resolve trade disputes that threaten global economic growth. IMF managing director...
BUSINESS

Greece signs deal to buy 16 anti-ship missiles from France

Digital Desk -
Greece has signed a deal to purchase anti-ship missiles from France as it seeks to bolster its defences in a procurement programme aimed at...
BUSINESS

EU will put tariff retaliation on hold for 90 days to match Trump’s pause

Digital Desk -
The European Union’s executive commission has said it will put its retaliation measures against new US tariffs on hold for 90 days to match...
BUSINESS

China raising retaliatory tariffs on US from 34% to 84%

Digital Desk -
China has raised tariffs to 84 per cent on goods coming from the US in an additional counter-measure. Last week, Beijing had said it would...
BUSINESS

Stocks rise in early Wall Street trading following historic dip

Digital Desk -
Stocks are rising on Wall Street and around the world to recover some of the historic losses since last week when President Donald Trump...
BUSINESS

China threatens ‘countermeasures’ in response to Trump’s latest tariff threat

Digital Desk -
China threatened to “resolutely take countermeasures to safeguard its own rights and interests”, in response to US President Donald Trump’s threat of an additional...
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