Facebook, Amazon.com, Netflix and Alphabet were at the centre of a volatile session on the U.S. stock market on Monday, cleaving $200 billion off of the FANG group's combined market capitalisation in two sessions.
Axmann is stepping down from his role on 31 October to pursue new opportunities, the troubled German clothing company said. He had already announced in July that he would not renew his contract due to personal reasons.
The Spanish clothing group is back on the growth track and has reduced its debt compared to the previous half-year. The latest performance was boosted by a rise in online sales and an effective stock management.
German sportswear giant Puma has signed up Spain’s classiest footballer, David Silva, to be the latest star to wear its Puma One boots. Legendary for his silky first touch, Silva is a star with Manchester City.