A gauge of top luxury stocks in Europe fell to seven-week lows on Wednesday as a selloff in the sector continued following a strong run this year that has been key for positive returns across broader European markets.
Berkshire Hathaway Inc on Monday disclosed it has begun investing in Capital One Financial Corp while exiting investments in four other stocks, as the company run by Warren Buffett cut back its exposure to equities.
Prices for robusta coffee, historically a cheaper variety than the milder arabica beans, reached the highest levels in 12 years this week as roasters used more of a limited flow from the largest producers.