SINGAPORE (Reuters) -DBS Group has agreed to buy Citigroup's consumer business in Taiwan in a move that will see the Singapore-based bank pay S$956 million ($706.6 million) above the net asset value, making it Taiwan's largest foreign bank by assets.

French luxury group LVMH has enough wiggle room to raise prices and protect its margins in an inflationary environment, its billionaire boss Bernard Arnault said on Thursday, adding however that any price increase would have to be reasonable.

CHICAGO (Reuters) -Southwest Airlines Co on Thursday reported its first quarterly profit in two years, but warned of a loss in the current quarter through March as the Omicron coronavirus variant depresses revenue and drives up costs.

Sales at Italian luxury group Salvatore Ferragamo rose by 31.4% last year, in line with market expectations, although they are still far below pre-pandemic levels.

The White House is considering extending Trump-era tariffs on solar power imports, but with a handful of tweaks to make it easier for domestic installers to access foreign supplies, according to two sources familiar with the administration's thinking.

First-time owners of electric vehicles were reluctant to switch back to gasoline-fueled cars even as concerns continued to loom about the availability of charging infrastructure, a report from J.D. Power showed on Thursday.