MILAN (Reuters) - An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its 510 million euro ($545 million) stake in Italian shoemaker Tod's yields the double-digit returns private equity typically seeks. L Catterton, created by U.S. fund Catterton and LVMH-owner Groupe Arnault, on Friday secured sufficient shares to take Tod's private once...

* 14 million metric ton quota for diesel, jet fuel and gasoline * 4 million metric ton quota for marine fuel * State-owned refiners account for more than 70% for second batch (Updates with detail) By Trixie Yap and Andrew Hayley May 7 (Reuters) - China has issued its second batch of refined fuel export quotas for 2024, totalling 18...

SYDNEY, May 7 (Reuters) - Chinese electric vehicle maker Zeekr Intelligent Technology Holding will close its New York initial public offering (IPO) bookbuilding to raise up to $367.5 million on Wednesday, according to two sources with direct knowledge of the matter. The company, the premium brand of Chinese automaker Geely, had planned to close the bookbuilding on Thursday, according to...

ZURICH, May 7 (Reuters) - UBS booked net income for January-March that was more than double estimates as it logged its first quarterly profit since taking over fallen rival Credit Suisse. The group's wealth management arm also reported on Tuesday $27 billion in net new assets for the first quarter of the year, compared to $22 billion for the three...