European stocks declined as a report showed Chinese imports unexpectedly slumped last month, outweighing gains by personal- and household-goods companies after LVMH Moet Hennessy Louis Vuitton SA posted results.
The Federal Reserve will release minutes from its Jan. 28-29 meeting, the last presided over by former Chairman Ben S. Bernanke and at which policy makers further reduced the central bank’s record stimulus.
Bernard Arnault’s net worth is $14.6 billion less than previously estimated because of the way he owns his stake in LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods company, according to data compiled by Bloomberg.
Financiere Agache SA, the majority owner of French luxury goods maker Christian Dior SA, is seeking to refinance a 500 million-euro ($646 million) loan due next year, according to three people with knowledge of the matter.
LVMH Moet Hennessy Louis Vuitton SA rose the most in more than three years in Paris trading after saying growth in fashion and leather-goods sales rebounded in the fourth quarter, boosting optimism for a turnaround.