Business
European luxury sector's outlook for 2024: Time to hold or fold?
European luxury sector stocks had a negative start to the new year. Bank of America recently provided insights into the sector's outlook for 2024. Analysts emphasise the significance of Chinese consumer behaviour but also raise concerns about challenges faced by 'turnaround' brands.
Markets
Will shipping stocks rally caused by Red Sea woes last?
Shares of major European maritime shippers such as Maersk and Hapag-Lloyd have substantially surged in value due to Red Sea disruptions, with increased costs passed on as higher freight rates. Goldman Sachs and J.P Morgan analysts discuss whether this trend is likely to last.