LVMH owner Bernard Arnault reportedly visits China after luxury spending rebound
Bernard Arnault, chairman and CEO of LVMH, has reportedly arrived in China for his first visit to the country since the end of its strict Covid restrictions, after his company posted a jump in sales driven by a rapid rebound in China's luxury spending.
2023-06-28 14:47
Nissan Announces New Executive Committee Members After COO Exit
Nissan Motor Co. announced new members of an executive committee following the departure of Chief Operating Officer Ashwani
2023-06-28 14:29
Fewer Chinese Visitors to Upset Thailand’s Tourism Recovery Goal
Thailand is likely to miss its goal of hosting 30 million foreign tourists amid fewer-than-expected visitors from China,
2023-06-28 14:25
Hacking Group Says It Attacked Microsoft for Sudan. Experts Say Russia’s Behind It
A hacking group responsible for a series of outages at Microsoft Corp. earlier this month had spent the
2023-06-28 13:27
Shein sent American influencers to China. Social media users are furious
A group of American fashion influencers and creators has received online backlash after they visited a model factory in China as part of a tour sponsored by Shein, an internet shopping giant, and posted glowing reviews.
2023-06-28 12:47
Louis Vuitton Owner Emerges as ESG Magnet With $17 Billion Stake
The world’s biggest producer of luxury goods has emerged as a favorite among fund managers marketing themselves as
2023-06-28 12:19
Fifteen Luxury Watches Stolen in Mexico Jewelry Store Raid
Fifteen luxury watches were stolen after at least four men smashed the windows of a jewelry store in
2023-06-28 11:48
China Sidesteps Yuan Support After Currency Pulls Back From Lows
China stood back from supporting the yuan for a third day, triggering a modest pullback, in a sign
2023-06-28 11:20
China Likely to Ramp Up Monetary, Fiscal Stimulus, Survey Shows
China is expected to cut interest rates again this year and ramp up fiscal stimulus to spur a
2023-06-28 11:17
Nvidia Leads Selloff After Report of More US AI Chip Curbs
Nvidia Corp. led declines in tech stocks after a report Washington could close loopholes in the sale to
2023-06-28 11:15
Google lays off staff at its mapping app Waze
(Reuters) -Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app's advertising
2023-06-28 10:53
China’s Industrial Profits Slump on Soft Demand, Deflation
Profits at industrial firms in China kept dropping in May, reflecting the impact of soft demand and ongoing
2023-06-28 10:50