Shares in French skincare giant L'Occitane jumped almost 13 percent in Hong Kong on Tuesday as they resumed trading after its owner offered to take it private. The offer, submitted with the support of US private equity giant Blackstone, concerns nearly 28 percent of the shares.
Spain's economy is growing steadily and inflation has been tamed -- but Prime Minister Pedro Sanchez is facing an uphill battle to be re-elected in a snap poll next weekend. The premier and his ministers routinely tout statistics that highlight Spain's strong economic performance, yet the ruling Socialists still took a beating in regional and local elections on May 28.
From a distance, everything looks normal: neat rows of peach trees, their green leaves fluttering in the wind, near a pretty little American farmhouse. The peach appears on license plates, on restaurant menus, just about everywhere -- except, this year, on peach trees.
Twitter owner Elon Musk said Saturday that the social media platform he bought for $44 billion last October has lost roughly half of its advertising revenue. Twitter is thought to have around 200 million regular users but it has suffered repeated technical failures since Musk bought the platform and sacked thousands of staff.
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