Platinum prices spiked to an all-time peak close to 2,300 dollars on Tuesday March 4th as the white metal got fresh support on the back of a weak dollar and supply worries in key producer South Africa.
The price of oil touched an all-time peak of 101.32 dollars a barrel in trading on Thursday, lifted by fears of supply disruptions, according to analysts. Oil's surge helped gold to a record high of 948.
Myanmar opened a lucrative auction of gems on Wednesday, November 14th, despite tightening Western sanctions and calls for a boycott from top international jewellers following the junta's deadly crackdown on protests.
Japan's Fast Retailing, the operator of Uniqlo casual clothing shops, set its sights Tuesday, September 4th on buying a major Western brand as it unveiled plans for a third global flagship store in Paris.
Swedish cheap'n chic fashion chain H&M announced Wednesday a 31-percent rise in second-quarter net profit to 3.46 billion kronor (368.2 million euros, 500 million dollars) as the group pursues its worldwide expansion.
Roberto Cavalli is set to be the latest designer to create a collection for Swedish clothing giant H&M, he announced Wednesday, June 20th following in the footsteps of Karl Lagerfield and Stella McCartney.
Fashion retailer Hennes & Mauritz reported better than expected fourth-quarter pretax profits and December sales on Thursday, raised its annual dividend and said it could return more cash to shareholders.