As Greece considers terms of a possible bailout package, U.S. stocks rallied in the morning trading session.
— July 1, 2015
All of the region's major indices were on the rise in morning trading on Wednesday.
The potential contagion impact of Greece on global economies is still too early to predict, but already there’s been currency pressures on sales of fashion goods.
— June 30, 2015
For George Wallace, chief executive of MHE Retail, the real impact of a potential Greek default and exit from the euro is “confidence and sentiment rather than real economics,” said Wallace.
U.S. markets tried to shrug off yesterday’s steep selloff as major indices inched back into the green at midday trading, the gains were weak.
After plunging 350 points — or 2 percent — on news of a Greek debt default, the Dow Jones Industrial Average was up 0.5 percent to 17,604 in pre-market trading.
The country is holding referendum on Sunday on its debt crisis.
Kering’s quest to sell the Italian luxury footwear label Sergio Rossi is moving ahead, with at least three potential bidders in sight, WWD has learned.
Having been traumatized by the housing mortgage bubble of 2007, investors know that finance is a complicated global game with connections and implications that are as far-reaching as it is deep.
— June 29, 2015