Business News From The Town Desk Of The London Evening Normal
Energy shares have been among the worst performers within the S&P 500, with Devon Energy Corporation down 2.four and Enphase Energy 5.5 p.c decrease. Economists say the prospect for a year-end rise within the stock market is marred because of news on the Omicron variant. At the same time, trading is generally light during the holidays, making the market more risky. Alpargatas, the footwear company that owns Havaianas, will initially pay Rothy’s $200 million in money Business News, adopted by a purchase of about $275 million of shares in Rothy’s. The founders of Rothy’s, Stephen Hawthornthwaite, who is chief executive,…