Hennes & Mauritz rises 4 percent to set a new all-time high for the third session running -- 454.90 Swedish crowns -- on the back of further price target upgrades in the wake of the clothing retailer's quarterly report last week.
Survivors of the December 2004 tsunami in the Indian Ocean are creating handbags that are not only a fashion statement, but offer the chance to support those afflicted by the natural disaster with each purchase.
UK-listed Kopane Diamond Developments Plc plans to develop with an unnamed mining company a project in Lesotho which has the potential to produce one million carats a year, as it seeks to become a major diamond producer.
Commissioners in charge of Italian fashion company IT Holding, in administration since last February, will propose to the industry ministry a plan to sell its Malo unit and are in talks with unions over layoffs.
The U.S. Supreme Court considered whether a lawsuit against the National Football League under federal antitrust law should go forward in a dispute over an exclusive licensing deal for sports merchandise.
Gildan Activewear, a Canadian T-shirt maker, said it would move some of its manufacturing operations to Central America after a powerful earthquake in Haiti damaged one of its subcontractor's factories.