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L'Oreal Slumps After Chinese Shoppers Rein in Travel Spending

(Bloomberg) L’Oreal shares slumped after sales disappointed as the owner of Lancome suffered from a decline in shopping by Chinese travelers.Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaChina’s Property Crisis Is Starting to Ripple Across the WorldUkraine’s Army Chief Replaced After Rift With ZelenskiyNew York City Is Considering a Laundry Pods CrackdownThe French cosmetic group’s stock fell ....

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L'Oreal sales disappoint, Hermes sales surge

Bringing Taiwan to the World and the World to Taiwan ....

Îe De France , South Korea , France General , United States , La Roche Posay , Poitou Charentes , Axel Dumas , Estee Lauder Cos , Sarah Simon , Estee Lauder , Nicolas Hieronimus , Morgan Stanley , Hermes International , North American , North Asia , Travel Retail , The Taipei Times ,

Opinion | Inflation Worries and Snickers Bars

Readers discuss an essay that argued their worries were irrational. Also: Tuning Donald Trump out; Mayor Adams’s veto; a U.S.-Canada wall; a refuge from politics. ....

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British American Tobacco writes off $32 billion on U.S. cigarette brands as tobacco alternatives gain popularity

The maker of Lucky Strikes is taking the non-cash impairment to reflect the diminishing carrying value of the brands over the next 30 years. ....

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BAT Writing Off £25 Billion on US Cigarettes, Shares Fall

(Bloomberg) British American Tobacco Plc is writing down some of its US cigarette brands by about £25 billion ($31.5 billion), sending shares to the biggest decline in almost four years.Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune India Stock Value Tops $4 Trillion, Narrowing Gap With Hong KongPutin Makes Ra ....

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