Burberry Rattles Luxury Industry as Growth Slows

Burberry Group Plc, the U.K.’s largest luxury-goods maker, said full-year profit will disappoint after sales growth slowed globally, sending the shares down the most ever and rattling those of peers.

PGIM CEO Hunt: Expectations for Returns Need to Come Down
19:54 - David Hunt, PGIM chairman and chief executive officer, discusses his concerns about the chase for returns. He speaks with Bloomberg's Amanda Lang and Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)
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