Latest in Hermes Sales Rise 11% Despite Luxury Slowdown
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Top stories - CBS News
Israel launches new strikes in Beirut despite U.S. warning
The Biden administration said it opposed Israel's recent tactics against Iran-backed Hezbollah in Lebanon, but the airstrikes keep coming.October 16 - Israel -
World - The Guardian
Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown
Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year low. Shares in luxury goods brands slumped after Louis Vuitton ’s LVMH reported an ...October 16 - China -
Top stories - CBS News
The swift rise of AI celebrity endorsements
AI-generated images of celebrities endorsing political candidates are on the rise. Here's how to spot them.October 16 -
Top stories - CBS News
The rise of AI celebrity endorsements
AI-generated images of celebrities endorsing political candidates are spreading quickly. Learn how to spot the fakes and avoid being misled.October 16 -
Business - Financial Times
This luxury capitulation has barely begun
Investors greeted LVMH’s disappointing sales with surprising aplombOctober 16 -
World - The Guardian
Henry Slade included in England’s 36-man squad despite Exeter absence
Alex Mitchell not included due to continuing neck problem Luke Northmore and Alex Lozowski both selected Henry Slade has been included in England’s squad for next month’s autumn internationals ...October 16 -
Business - Financial Times
Luxury goods shares fall as China slowdown hits LVMH
Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding JapanOctober 16 - China -
Business - Financial Times
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingOctober 16 -
Business - MarketWatch
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesOctober 16 - China -
Business - The Wall Street Journal
LVMH Results Cast Cloud on Luxury Stocks
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is under way and renewed concerns over the Chinese market.October 16 -
Business - CNBC
I bought a $54,000 abandoned house in Japan and turned it into a luxury Airbnb—take a look inside
Anton Wormann, 32, transformed an abandoned house in Japan into a luxury Airbnb stay. Today, it brings in about $11,000 a month.October 16 -
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Top stories - CBS News
Early voting begins in Georgia despite damage from Helene
Early voting began Tuesday in Georgia in spite of the devastation dished out to the state from Hurricane Helene. CBS News reporter Jared Eggleston has more.October 15 -
Tech - GameSpot
Despite Sharing A Setting, Redacted And The Callisto Protocol Could Not Be More Different
Ahead of the release of [REDACTED] (yes, that's actually the name of the game, brackets and all), I got to play a fairly substantial part of the upcoming isometric roguelike that takes place in ...October 15 -
World - The Guardian
Roberto Saviano to appear at Frankfurt book fair despite Italy delegation’s snub
Gomorrah author and Meloni critic’s non-inclusion in Italy’s lineup angers writers amid claims of censorship. The Gomorrah author Roberto Saviano will appear at the Frankfurt book fair this week ...October 15 -
Business - MarketWatch
Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise
Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.October 15 -
World - The Guardian
Oil price slides amid China slowdown and easing Middle East fears
Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...October 15 - China -
Sports - ESPN
Ronaldo designs career-inspired luxury watches
Cristiano Ronaldo has unveiled his own watch collection that feature outlines of his iconic moments in his football career on the clock face.October 15 -
World - Financial Times
American interest rates need to rise
Lessons for the US from the Brazilian canary in the coal mineOctober 15 -
Business - The Wall Street Journal
Ericsson Expects Market to Stabilize as Key North America Sales Rise
The Swedish telecommunications-equipment company said its key networks unit saw an 80% surge in North America sales in the third quarter after winning contracts and as some large customers made ...October 15 -
World - The Guardian
Sleep perfectionists: the exhausting rise of orthosomnia
The UK sleep-tracker industry is estimated to be worth £270m a year – and forecast to double by 2030. Could all this data be making our insomnia worse?. The other day, I was plodding away on the ...October 15 -
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World - Financial Times
‘800lb gorilla’: luxury brands battle China’s hit grey-market app
Sales of top brands on DeWu make up estimated 70% of country’s grey market as consumers hunt for lower pricesOctober 15 - China -
Sports - ABC News
Italy-Israel soccer match is held without incident despite security concerns
There were snipers on the roof of the stadium and a heavy police presence throughout the city of Udine for Italy’s home match against Israel on MondayOctober 14 - Israel -
Business - The Wall Street Journal
Coty Joins Competitors in Warning of Beauty Sales Slowdown
The cosmetics company, whose portfolio of brands includes Max Factor and Lancaster, on Monday said retailers are tightening their inventories as mass beauty sales continue to see slow growth ...October 14 -
Business - Inc.
How to Turn a Sales Blunder Into a Win
With two decades in sales behind him, Pushly CEO Brendan Ripp has plenty of advice.October 14 -
Business - CNBC
Russian oil trade is rising with record crude volumes on 'dark fleet' vessels despite sanctions, price cap
Lloyd's List reports record volumes of Russian oil carried on "dark fleet" vessels and sanctioned tankers without known insurance in September.October 14 - Russia -
Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyOctober 14 - United Kingdom -
World - The Guardian
Russia’s shadow fleet of oil tankers grows despite western sanctions
Poorly maintained and uninsured vessels transporting up to 70% of country’s seaborne oil, says report. Russia’s shadow fleet of oil tankers is expanding, according to research, transporting up to ...October 14 - Russia -
Top stories - The New York Times
In Texas, Execution Looms Despite Questions in Shaken Baby Case
Robert Roberson could be the first person put to death in connection with shaken baby syndrome. The state’s highest criminal court ruled in another case that the science had changed.October 14 -
Top stories - NBC News
11 hospitalized in Pennsylvania after eating wild mushrooms
Eleven people were hospitalized after they ate wild and apparently toxic mushrooms last week, a fire agency that serves Pennsylvania Dutch Country said.October 14 -
World - Financial Times
Russia’s shadow fleet grows despite western crackdown
Moscow’s capacity to transport oil on old underinsured ships has increased by 70% since last year, says reportOctober 14 - Russia