Gucci owner Kering tanks 14% after Asia profit warning, dragging down Europe luxury brands
French luxury group Kering warned Tuesday that Gucci sales look set to fall 20% in…
Month: March 2024
Gucci sales to plunge 20% in first quarter as Kering issues rare luxury profit warning
French luxury group Kering warned Tuesday that Gucci sales look set to fall 20% in…
Samsung soars more than 5% after report that Nvidia is looking to buy its next-gen chips
Shares of South Korean heavyweight Samsung Electronics soared more than 5%.
Apple CEO Tim Cook visits Shanghai amid a slowdown in China iPhone sales
Apple’s Tim Cook is on a visit to Shanghai ahead of the opening of a…
The Bank of Japan just made a historic rate pivot. Here’s what could happen next
The decision Tuesday sparked a sharp selloff in the Japanese yen, sinking to more than…
Record number of people executed for drug offences in 2023
In its annual report, Harm Reduction International says at least 467 drug-related executions took place…
In Indonesia and Malaysia, boycotts hammer McDonald’s, Starbucks
Boycotts over the Gaza war are hitting big brands in Southeast Asia despite local owners…
North Korea claims progress in development of hypersonic missile
The country is stepping up its development of more technologically-advanced weaponry capable of striking further…
Shipping giants and customers like big-box retail are far apart on price in peak ocean freight contract season
Ocean freight rates made volatile by Red Sea and Panama Canal issues will be set…
Shipping giants and customers like big-box retail are far apart on price in peak ocean freight contract season
Ocean freight rates made volatile by Red Sea and Panama Canal issues will be set…
George Lucas backs Disney CEO Bob Iger in proxy fight with Nelson Peltz
The support from the George Lucas endorsement is key, because he’s Disney’s largest individual shareholder,…
‘Horrific’: US Supreme court allows Texas to detain, deport migrants
Top court allows ‘one of the most extreme anti-immigration laws’ to take effect, despite continued…
Far-right Austrian nationalist Martin Sellner banned from entering Germany
Sellner is known for his talk about ‘remigration’ at a recent meeting of nationalist populists…
Bitcoin briefly slumps below $63,000 after topping a record $73,000 last week
The benchmark cryptocurrency extended its slide on Tuesday, dropping a total of more than $10,000…
Nvidia shares up after company unveils latest AI chips
Nvidia stock rose 2% Tuesday afternoon after the company unveiled its latest generation of artificial…
The spread between short and long-term ocean freight rates has soared, leaving the market in a standoff
Ocean freight rates made volatile by Red Sea and Panama Canal issues will be set…
Moldova expels Russian diplomat over polling stations in Transnistria
The unnamed diplomat is expelled in protest against the opening of six polling stations in…
Bitcoin briefly slumps below $63,000 after topping a record $73,000 last week
The benchmark cryptocurrency extended its slide on Tuesday, dropping a total of more than $10,000…
Ferrari boss says new EVs will not be silent, promises ’emotion’
Ferrari is forecasting that approximately 60% of its sales will be split between fully electric…
Bitcoin briefly slumps below $63,000 after topping a record $73,000 last week
The benchmark cryptocurrency extended its slide on Tuesday, dropping a total of more than $10,000…
