The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Aug 8 (Reuters) - Kontoor Brands Inc, the recently spunoff jeans unit of VF Corp, reported an 8.2% fall in quarterly revenue on Thursday, as the company took a hit from the bankruptcy of a major customer last year and a stronger dollar.
The company's net income fell to $38 million, or 67 cents per share, in the second quarter ended June 29, from $60.5 million, or $1.07 per share, a year earlier.
Net revenue fell to $609.7 million from $663.9 million. (Reporting by Uday Sampath and Aditi Sebastian; Editing by Maju Samuel)