CONTINENTAL DRIFT: Yannick Angelloz-Nicoud, most recently worldwide communication director at Bottega Veneta in Milan, started this week at Lemaire in Paris as marketing and communications director. Last year, Lemaire embarked on an ambitious expansion drive, bulking up its e-commerce operations, building new headquarters on the Place des Vosges in the heart of Paris, and drawing […]
BRASILIA (Reuters) – Brazil’s lower house Speaker Rodrigo Maia said on Wednesday the new coronavirus pandemic is having an impact on the Brazilian economy. The Brazilian currency weakened 1.27% to 4.70 reais to the dollar in mid-afternoon trading as investors feared the consequences of coronavirus and the government cut its 2020 GDP growth forecast to […]
(Reuters) – Emerging market bond funds are performing poorly compared with their global peers as investors rush into the safety of cash and money markets to shield themselves from a further market erosion due to the cornavirus pandemic. Refinitiv data showed emerging market bond funds have lost 16.7% of their market value on average over […]
