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Estee Lauder snaps up third luxury brand in a month
Estee Lauder Cos Inc (EL.N) bought French luxury perfume brand Editions de Parfums Frédéric Malle, its third acquisition in less than a month as the company looks to boost its portfolio of high-end luxury perfumes and skin care brands.
Century-old gold price 'fix' swept away with ICE platform
The curtain came down on nearly a century of tradition for bullion markets on Friday when U.S. bourse Intercontinental Exchange (ICE) was named as provider of an electronic benchmark gold price to replace the twice daily "fix".
Unclear if China ready to sign IT agreement: WTO chief
China is part of "intensive" talks on a global trade pact regarding information technology products, the World Trade Organization's chief said on Saturday, but it is unclear if a deal will be made at a meeting of Asia-Pacific leaders underway in Beijing.
India's grounded Kingfisher Airlines faces trading suspension from December 1
India's two main stock exchanges will suspend trading of shares of grounded Kingfisher Airlines Ltd (KING.NS) from Dec. 1 for failing to comply with rules on reporting financial results, the bourses said in separate notices.