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BENGALURU (Reuters) - Coca-Cola Co on Friday joined a list of big US companies laying off thousands of workers in response to the coronavirus crisis, offering voluntary deals across its businesses and promising to halve its number of operating units.
NEW YORK: U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell.
LONDON: Unilever agreed to buy skin-care brand Tatcha, which makes creams based on a foundation of green tea, rice and algae, seeking to ride a wave of demand for Asian-influenced cosmetics.
SEOUL: From an eye shadow that opens with the flick of a thumb, Zippo-style, to a barely-there foundation in subtle blue-grey packaging: men’s make-up is getting a makeover as manufacturers bid to take it more mainstream.
HONG KONG: Shiseido Co., the Japanese firm that sells Laura Mercier cosmetics and Dolce & Gabbana fragrances, sold 1 trillion yen (US$9.3bil) worth of beauty products last year, mostly in traditional stores where customers can sample brands in person.
LONDON: How can stock investors profit from the increasingly striking movements in global bond yields?
NEW YORK: Wall Street posted modest gains on Wednesday after the U.S. Federal Reserve kept interest rates unchanged and gave encouraging comments about the economy.