PARIS (Reuters) -Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.7 billion), the first major gambit by new CEO Luca de Meo as he stamps his mark on the luxury group and cuts back its debt pile. Under the deal, French beauty giant L'Oreal will acquire Kering's fragrance line Creed, as well...

01:23 PM EDT, 10/20/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) increasing 0.6%. In corporate news, LKQ (LKQ) is being pressed by activist hedge fund, Ananym Capital, to sell or spin off its European operations and concentrate on...

01:29 PM EDT, 10/20/2025 (MT Newswires) -- Planet 13 Holdings ( PLNH ) on Monday said it opened its newest cannabis dispensary in Pace, Florida. The company said the dispensary is located along a busy retail corridor directly across from a Walmart and Lowe's. Pace is one of the fastest-growing communities in the Florida Panhandle, the company said. Planet 13...

CAIRO, Oct 20 (Reuters) - Iraq will sign an agreement with U.S.-based LNG company Excelerate Energy ( EE ) to supply U.S. gas to Iraq, the Iraqi prime minister's office said on Monday without providing further details. ...