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Libby Cherry

Stay informed with Libby Cherry’s coverage and analysis.

PARIS, FRANCE - JUNE 15: Chairman and Chief Executive Officer of LVMH Moet Hennessy Louis Vuitton, Bernard Arnault attends the Viva Technology conference at Parc des Expositions Porte de Versailles on June 15, 2023 in Paris, France. Viva Technology, the biggest tech show in Europe but also in a unique digital format, for 4 days of reconnection and relaunch thanks to innovation. The event brings together startups, CEOs, investors, tech leaders and all of the digital transformation players who are shaping the future of the Internet. The annual technology conference, also known as VivaTech, was founded in 2016 by Publicis Groupe and Groupe Les Echos and is dedicated to promoting innovation and startups. (Photo by Chesnot/Getty Images)
Finance
Mohari outbids LVMH’s Bernard Arnault by €309 million in battle over Venice’s iconic Hotel Bauer
By Libby Cherry, Giulia Morpurgo, Sonia Sirletti and BloombergAugust 1, 2024
Looking up through a street level sculpture amidst the giant glass architectural towers including the Leadenhall building on the left and 22 Bishopsgate on the right at night in the City of London on 14th November 2022 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known as the Square Mile. Over the last decade or so the architecture of the City has grown upwards with skyscrapers filling the now cluttered skyline, and increasing its scale upwards with glass towers. (photo by Mike Kemp/In Pictures via Getty Images)
Finance
U.K. faces highest level of financial distress in Europe with corporate deleveraging at its peak since 2008
By Libby Cherry and BloombergJuly 11, 2024
Chief Executive Officer of LVMH, Bernard Arnault.
Retail
LVMH billionaire Bernard Arnault enters race to acquire Venice’s iconic Hotel Bauer—with bids rising over €275 million
By Laura Benitez, Angelina Rascouet, Libby Cherry and BloombergJuly 1, 2024
Male and female business colleagues working against window in office
Finance
1 in 15 European companies face restructuring pressure, with Germany, Austria and the Nordics taking the lead
By Libby Cherry and BloombergJune 3, 2024
Christmas shoppers outside the Selfridges department store on Oxford Street on 20th December 2023, in London, England.
Companies
London’s historic luxury department store, Selfridges, is hunting for cash following the implosion of its property titan co-owner
By Libby Cherry, Lucca de Paoli and BloombergDecember 29, 2023
Entrepreneur Rene Benko
Companies
Once a luxury property billionaire rubbing shoulders with Europe’s elite, Rene Benko’s empire is now coming apart at the seams with his two biggest vehicles filing for insolvency
By Libby Cherry and BloombergDecember 28, 2023
Liz Truss
Finance
Markets are cheering Liz Truss’ resignation as the pound extends gains. ‘It’s positive for both the pound and gilts in the long run’
By Libby Cherry, Alice Gledhill and BloombergOctober 20, 2022
Liz Truss
Finance
The pound plunges to an all-time low early Monday as the market gives thumbs down to Tory tax cut double-down
By David Goodman, Libby Cherry and BloombergSeptember 26, 2022
Investors cheer Boris Johnson’s decision to quit as U.K. Prime Minister
Finance
Investors cheer Boris Johnson’s decision to quit as U.K. Prime Minister
By Naomi Tajitsu, Libby Cherry and BloombergJuly 7, 2022
Russia President Vladimir Putin gestures with wide arms while seated on stage at Russia's annual economic forum
Europe
After months of stalling, Russia finally defaults on its foreign debt—although Moscow still says it can pay
By Giulia Morpurgo, Libby Cherry and BloombergJune 26, 2022
Men looking at currency conversion rates.
Finance
Investors flock to the dollar as G-10 currencies plummet following Ukraine invasion
By Libby Cherry, Vassilis Karamanis and Payne LubbersFebruary 24, 2022
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Success
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By Sydney LakeJune 25, 2026
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
By Marco Quiroz-GutierrezJuly 1, 2026
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeJune 27, 2026
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