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Burberry Group Plc's sales rose more than expected at the end of the fiscal year, indicating the turnaround under Chief Executive Joshua Schulman is paying off with a focus on its signature scarves and trench coats....

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The UK kicked off the year with a burst of economic growth that is now at risk from the fallout from the Iran war and the prospect of a new prime minister....

Two India-bound vessels laden with cooking fuel from the Persian Gulf appear to have transited the Strait of Hormuz, making them the latest to exit despite continued restrictions from the US and Iran....

London office leasing bounced back from Covid-era lows, with tenant floor-space expansions reaching a six-year high on rising demand from finance and professional services firms, according to broker Cushman & Wakefield....

Abu Dhabi's L'imad Holding is joining local and global partners in an investment venture targeting $30 billion of infrastructure projects, underscoring the central role the new sovereign wealth fund is likely to play in the emirate's ambitions....

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Telefónica SA reported a slight increase in first-quarter earnings profit, boosted by operations in Brazil and easing competition in Spain....

Chinese equities slipped as President Xi Jinping met with his US counterpart Donald Trump, with investors taking some profits after a recent tech-driven rally while waiting for clearer signals from the talks....

It's not just US retail investors piling into any asset connected to space exploration. Europeans want in, too....

India has asked the US to extend its waiver on Russian oil, according to people familiar with the matter, as the nearly 11-week war in the Persian Gulf disrupts energy supply....

The European Central Bank will need to raise borrowing costs if an increase in crude prices feeds through to inflation expectations, according to Governing Council member Martins Kazaks....

Cristiano Ronaldo, the world's first billionaire footballer, has bought a stake in LiveModeTV, the international streaming channel linked to Brazil's CazéTV, expanding his push into digital media ahead of the next World Cup....

A number of Australian steel-making coal mines may have struggled to sustain recent recoveries in output, potentially supporting prices of the commodity, according to a satellite-data consultancy....

A housing rally in South Korea's capital gained momentum, reinforcing the case for the nation's central bank to shift to a hawkish tilt later this month as it grapples with mounting inflationary pressures from the Iran conflict....

Poland's economic growth may face a bigger jolt from the Middle East conflict than the country's inflation, according to Monetary Policy Council member Henryk Wnorowski....

A Bank of Japan board member called for interest rates to be increased as soon as possible provided there is no indication of the economy running into trouble, citing more enduring inflationary risks from the war in Iran....

Two weeks after Christine Lagarde put investors on alert that the European Central Bank is moving toward raising interest rates, a hike in June is becoming less obvious....

Japanese refiner Eneos Holdings Inc. has agreed to purchase some of Chevron Corp.'s refining and retail assets across the Asia Pacific for $2.17 billion, significantly expanding its footprint across the region....

Donald Trump and Xi Jinping struck an optimistic tone at the start of their summit, emphasizing possibilities for collaboration. Bloomberg's Stephen Engle reports from Beijing. (Source: Bloomberg)...