Tag «INSIDER’S EYE»

Moncler offers costly fix for Kering’s Gucci habit

File photo: VCG Moncler offers a costly cure for Kering’s Gucci addiction. The French fashion conglomerate may be considering a bid for the 11 billion euro ($12 billion) luxury outwear company run by Remo Ruffini. That would reduce its dependence on its largest brand, but extracting value would be hard. Coming on the heels of …

Cheese war will deal its heaviest blow to prudent tax reform

A cheese maker cuts a piece of cheese during the week-long South African Cheese Festival which kicked off Friday in Stellenbosch near Cape Town, South Africa, on April 27, 2018. (Xinhua/Amando Herdade) Roquefort producers are just one casualty in the brewing Franco-US cheese war of 2020. The conflagration’s abiding and potentially more economically damaging effect …

China should be prepared for a trade war lasting to 2035

People attend a culture and tourism festival themed on Dolan and Qiuci culture in Awat County of Aksu Prefecture, northwest China’s Xinjiang Uygur Autonomous region, Oct. 25, 2019. The festival kicked off recently in Aksu Prefecture. (Xinhua/Sadat) China should also be prepared that the trade war, from irrational confrontation to rational cooperation, could last all …

How can the PBC avoid the tide of QE?

Illustration: Luo xuan/GT The US Federal Reserve’s (Fed’s) interest rate cuts have started a trend among central banks which is widely expected to continue in 2020. In this context, Yi Gang, governor of the People’s Bank of China (PBC), China’s central bank, said in a signed article published on Sunday that China will not resort …