12:18 PM EDT, 04/10/2025 (MT Newswires) -- Capri (CPRI) said Thursday that it will sell Versace to Italian luxury company Prada for about $1.38 billion in cash as it looks to accelerate investments in Michael Kors. Prada separately said the deal's cash consideration, based on an enterprise value of 1.25 billion euros ($1.40 billion), is subject to adjustments at closing....

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

WASHINGTON (Reuters) - Former U.S. Treasury Secretary Janet Yellen said on Thursday that the threat of financial instability prompted by falling prices for U.S. Treasury debt in recent days likely influenced President Donald Trump's decision to reverse course and partially pause his tariff campaign. Yellen, in her first broadcast interview since leaving office, told CNN International that U.S. Treasury debt...

April 10 (Reuters) - Four companies tapped the U.S. corporate bond market on Thursday after financial markets got a brief lift from the Trump administration's Wednesday pause on tariffs on some countries. After a week of nearly no new bond deals following President Donald Trump's 'Liberation Day' tariff announcement, at least four companies, including liquor maker Diageo Investment Corp ,...