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LVMH’s growth weighed down by softening China luxury demand
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You Know LVMH For Its Luxury Bags. It's Also a Titan of Real Estate.
The parent of Louis Vuitton and Dior is buying up real estate to control its brands. It is changing city centers from New York to Miami, Paris to Montreal.The Wall Street Journal - World -
China's new tough-guy SUV is a luxury armoured car
Yahoo News - World - China -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
Breaking down Blinken's trip to China
Secretary of State Antony Blinken embarked on a three-day trip to China this week, meeting with his Chinese counterpart and President Xi Jinping on Friday. Trade and national security were among the topics of discussion. CBS News national security ...CBS News - Top stories - China -
Bob Bakish, Paramount CEO, Steps Down as Company Weighs Merger
Mr. Bakish was once a staunch ally of Shari Redstone, Paramount’s controlling shareholder. His departure comes as the company considers a major merger.The New York Times - Business -
Bob Bakish, Paramount CEO, Steps Down as Company Weighs Merger
Bob Bakish was once a staunch ally of Shari Redstone, Paramount’s controlling shareholder. His departure comes as the company considers a major merger.The New York Times - Top stories -
China's Gold Consumption Rises on Safe-Haven Demand
Chinese buyers, spooked by a protracted property slump and a recent stock-market rout, are rushing toward gold as economic uncertainty looms, propelling a global bullion rally.The Wall Street Journal - World - China -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
German minister urges universities to weigh China ties after spy case
Yahoo News - World - China -
Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China
EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.CNBC - Business - China
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