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Thames Water: How did it get to the brink?

FACTBOX-Thames Water: How did it get to the brink? By Sarah Young LONDON, March 28 (Reuters) - Thames Water faces potential nationalisation after shareholders reneged on a promise to plough in new equity, putting the company's finances and future at risk. The utility is struggling under a 15 billion pound ($19 billion) debt pile and a worsening environmental record.
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Hermès lawsuit attacks luxury’s FOMO premium

RPT-BREAKINGVIEWS-Hermès lawsuit attacks luxury’s FOMO premium The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Anita Ramaswamy NEW YORK, March 26 (Reuters Breakingviews) - The $274 billion luxury house Hermès International HRMS.PA might be a little too exclusive. In a lawsuit filed last week, two California shoppers allege that the brand violates U.S.
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Hermès lawsuit attacks luxury’s FOMO premium

BREAKINGVIEWS-Hermès lawsuit attacks luxury’s FOMO premium The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Anita Ramaswamy NEW YORK, March 26 (Reuters Breakingviews) - The $274 billion luxury house Hermès International HRMS.PA might be a little too exclusive. In a lawsuit filed last week, two California shoppers allege that the brand violates U.S.
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Barclays prefers defensive luxury names as polarisation continues, ups LVMH

BUZZ-Barclays prefers defensive luxury names as polarisation continues, ups LVMH ** Barclays says that it thinks the luxury sector is going to remain polarised with defensive names as the winners ** On the back of its two-week trip to China and Hong Kong, the broker says it noted "clearly diverging trends by brand as polarisation continues" ** Stil
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European shares notch ninth straight week of gains; Italy, UK, Germany shares shine

UPDATE 2-European shares notch ninth straight week of gains; Italy, UK, Germany shares shine For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window German business sentiment rises in March - Ifo UK's Phoenix tops STOXX on upbeat outlook & results Italy, UK, Germany stocks lead gains STOXX 600 ends flat Updated at 1650 GMT By Shubham Batra and Medha Singh March 22 (Reuters) - European shares paused near record highs on Friday with British, Germa
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