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Zara owner Inditex hit by FX swings and warm weather

Zara owner Inditex missed sales and profit forecasts on Wednesday, hit by adverse currency moves and an unusually warm September, leading investors to wipe more than $5 billion off the fashion retailer's market value at one stage.

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Politics News

Trump ex-lawyer Cohen given three years in prison, blames 'blind loyalty'

President Donald Trump's former personal lawyer Michael Cohen was sentenced to three years in prison on Wednesday for crimes including orchestrating hush payments to women in violation of campaign laws before the 2016 election and financial wrongdoing, posing potential legal and political risks to Trump.