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Hermes defies US tariffs as sales grow
Hermes defies US tariffs as sales grow
Economy
by  AFP

Sales by French luxury group Hermes, known for its silk scarves and leather handbags, defied US tariffs and a weak dollar to rise in the third quarter. Hermes said earlier this year that it hoped to avoid raising prices in the United States further despite the new 15 percent tariff on goods from the EU, but warned the weak dollar was also weighing on performance.

'Mixed performance': Heineken beer sales down
'Mixed performance': Heineken beer sales down
Economy
by  AFP

Dutch brewer Heineken Wednesday reported a steep drop in beer sales in the third quarter, driven by a sharp decline in the United States and Europe and a "challenging" economy. Heineken said it sold 59.0 million hectolitres of beer worldwide in the third quarter.