France's Chanel and Japan's Pola Orbis are among firms launching new ranges to exploit signs of rising demand for cosmetics among men, betting the tide is finally turning in a segment that has long underwhelmed.
Germany agreed new rules on Wednesday to lower the threshold for screening and even blocking purchases of stakes in German firms by non-Europeans, in a move to fend off unwanted takeovers by Chinese investors.
The visits came as regulators in India launched an investigation into J&J’s Baby Powder following a Reuters report last Friday that the firm knew for decades that cancer-causing asbestos could be found in the product.
Slowing growth in e-tail in Britain reflected tough economic times and excessive Black Friday discounts a new report said on Wednesday, but discount fatigue seems to be setting in and the future is uncertain.
China hopes Britain's exit from the European Union can happen in an orderly way and that the bloc will reduce hurdles to Chinese investment and keep its markets open, China's foreign ministry said on Tuesday.
The United States came under fire from China and the European Union on Monday, accused by both major trading partners of taking protectionist measures and bringing the World Trade Organization (WTO) to its knees.
Shares of Johnson & Johnson slipped another 2 percent on Monday, extending losses following Friday’s Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos was in its Baby Powder.