| | | Michael Kors gives weak forecast, to shut some stores | | | (Reuters) - Michael Kors Holdings Ltd gave a bleak full-year forecast and said it would shut more than 100 full-price retail stores in the next two years as the luxury fashion retailer struggles to turn around its brand. |
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| | | Venezuelan opposition condemns Goldman for $2.8 billion bond deal | | | CARACAS/NEW YORK (Reuters/IFR) - Goldman Sachs Group Inc's statement that it never transacted directly with the government of Venezuelan President Nicolas Maduro when it bought $2.8 billion of bonds for pennies on the dollar was dismissed by the country's opposition on Tuesday as an effort to "put lipstick on this pig." |
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| | | Oil at three-week low as rising output risks OPEC-led deal | | | LONDON (Reuters) - Oil fell to a three-week low on Wednesday on news that Libyan output was recovering from a technical issue at an oilfield, fuelling concerns that OPEC-led output cuts on reducing global inventories were being undermined by producers outside the deal. |
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