The Equitium Group, an investment firm focused on the consumer and luxury industries, announced today that it has acquired Luca Luca. The acquisition will bolster the women's clothing company's expansion plans. Terms of the transaction have not been disclosed. (PRWeb
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Sales of existing homes declined 1.0 percent in April to an annual pace of 4.89M homes. This matches the all-time series low set in January. Declines in existing home sales have slowed markedly and the beginnings of a bottoming trend
Germany: consumer prices - May The German consumer prices were a surprise last month due to a sharp fall from 3.1% to 2.4%. However, the price fall was mainly driven by a sharp fall in prices on packaged tours and
The dollar slipped lower against the majors as surging crude oil prices continue to weigh on the currency, falling near the 1.58-level against the euro and 103 versus the yen. US equity bourses continued to struggle with the Dow Jones
