U.S. Secretary of State Mike Pompeo cancelled his Europe trip at the last minute on Tuesday after Luxembourg's foreign minister and top European Union officials declined to meet with him, European and U.S. diplomats familiar with the matter said.
Investors are primed for another period of strong U.S. profit growth as third-quarter reports from Corporate America flow in starting next week. But as business continues to emerge from the coronavirus pandemic, new problems are arising that are taking center stage for Wall.
Luxury group LVMH has purchased French perfume and cosmetics company Officine Universelle Buly 1803 with an eye to expanding it abroad, adding to its sprawling empire of high end labels.
Olaplex Holdings Inc, owned by private equity firm Advent International, priced shares in its intial public offering at $21 per share, which will begin trading on Thursday, the hair products maker said.