Latest in Luxury Sector Is Coming Off a Period of Strong Growth
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Tomb Raider Spin-Off Game Is Coming To Mobile 15 Years After Console Debut
Tomb Raider fans have been eagerly awaiting a new game in the series since 2018's Shadow of the Tomb Raider . But since it's anyone's guess when Lara Croft's next adventure will arrive, players ...GameSpot - 1h -
Syria’s Ahmed al-Shara Named as President During Transitional Period
The new leadership of the country said the rebel coalition leader, Ahmed al-Shara, would serve as president during a transitional period.The New York Times - 16h -
Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance ...ABC News - 19h -
Reeves's growth strategy comes under scrutiny from her own side
The chancellor has made clear she wants to see economic growth, but the response from Labour MPs will be key in how its delivered.BBC News - 1d -
Is gold a good substitute for cash in inflationary periods?
Gold acts as an inflation hedge, but should you turn to the precious metal over cash when inflation is high?CBS News - 1d -
Changing UK’s counterterror strategy comes with trade-offs and benefits
Separate bodies tasked with tackling specific ideologies can lead to twisted incentivesFinancial Times - 1d -
India's banking sector slump
Also in this newsletter: China is building the world’s largest dam and Ashish Gupta’s mantraFinancial Times - 2d -
Train Dreams review – Joel Edgerton stuns in meditative period drama
Sundance film festival: The actor gives a subtle and sensitive performance in a quiet, beautifully filmed drama set in early 19th century America. There’s a certain type of movie one comes to ...The Guardian - 2d -
What Is DeepSeek and Why Is It Disrupting the AI Sector?
DeepSeek is a powerful new rival to American artificial intelligence heavyweights like OpenAI and Meta. Here’s what to know about its surge.Inc. - 2d -
Strong Dollar vs. Weak Dollar
President Trump is of two minds when it comes to America’s currency.The New York Times - 3d -
Vanke’s woes reignite fears for China’s property sector
Real estate developer says it expects $6.2bn annual loss and announces sudden resignation of chair and chief executiveFinancial Times - 3d -
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Which Says Luxury: Specialty Work or Gobs of Gems?
Brands still pile on the glitter, but skills such as enamel and miniature work have become the real distinguishing characteristics of high-end watches.The New York Times - 4d -
Space-sector IPOs set to take off as industry braces for a busy 2025
Fortuna Investments CEO Justus Parmar expects to see “a new vintage of space companies that hit the market” in 2025.MarketWatch - 5d -
South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low
The country's economy expanded by 1.2% year on year, missing analysts' expectations of 1.4% growth.CNBC - Jan. 23 -
College basketball rankings: No. 2 Duke coming on strong, not far behind top-ranked Auburn
The Blue Devils' 12-game winning streak, the nation's longest, includes a win over the Tigers, the No. 1 team in the Top 25 And 1CBS Sports - Jan. 20 -
Newsom announces bank mortgage loan grace period after wildfires
California Gov. Gavin Newsom (D) announced on Saturday commitments from five major banks to offer homeowners affected by the wildfires a 90-day grace period on their mortgage payments. The ...The Hill - Jan. 19 -
Yoon supporters storm Seoul court after his detainment period is extended
Protesters smash windows after officials cite concerns the impeached president could destroy evidence if released. A South Korean court has extended the detention of the impeached president Yoon ...The Guardian - Jan. 18 -
Luxury’s ‘America first’ moment
Flush stock market investors and newly-minted crypto bros have clearly been busy with festive shoppingFinancial Times - Jan. 17 -
Why ’Succession’-style ‘quiet luxury’ may need to go away to revive luxury goods
Winning back shoppers and reviving the luxury-goods industry’s sales will depend in part on ditching the plain, understated tones of the “quiet luxury” trend, BofA analysts said.MarketWatch - Jan. 16 -
MLB international signing period: 5 players to know in the 2025 class
Roki Sasaki isn't the only important player in this class. These five prospects could also make a big impact on their future teams.Yahoo Sports - Jan. 16 -
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UK housebuilders predict sector growth on Labour planning reforms
Taylor Wimpey and others say government measures will boost sector in spite of economic uncertaintyFinancial Times - Jan. 16 -
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.MarketWatch - Jan. 16 -
Biden is finishing strong on Venezuela before handing off to Trump
The Biden administration's shift to a more pragmatic and strategic approach to Venezuela's opposition has allowed for the recognition of opposition leaders and the imposition of sanctions on ...The Hill - Jan. 15 -
Reeves shrugs off calls for resignation as she promises UK growth plan
Chancellor has faced increasing criticism over her handling of the economyFinancial Times - Jan. 14 -
Hyman scores in 3rd period as the Oilers rally past the Blackhawks 4-3
Zach Hyman scored a tiebreaking power-play goal in the third period, and the Edmonton Oilers beat the Chicago Blackhawks 4-3ABC News - Jan. 11 -
DC's Amazon lawsuit reminds us that safety is a luxury for Black Americans
While America was getting more violent, it was Black Americans who felt the increase most acutely.The Hill - Jan. 11 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
China’s solar sector could be on course for a glow-up
After a plague of overcapacity and falling prices, there are signs the sector may be approaching a bottomFinancial Times - Jan. 10 -
Live Updates: U.S. Job Growth Ends the Year Strong
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 percent.The New York Times - Jan. 10 -
Italy’s luxury wineries rely on illegal migrant workers
Barolo, Barbaresco and other high-end wines made in Langhe region grapple with dependence on undocumented labourersFinancial Times - Jan. 10 -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - Jan. 9 -
As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury
With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences.The New York Times - Jan. 9 -
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Washington Post expected to lay off dozens of staffers in coming week – report
‘Cuts will be deep’, media reporter writes, after paper faced scrutiny for halting endorsement of Harris in October. Dozens of employees are expected to be laid off at the Washington Post in the ...The Guardian - Jan. 6 -
‘There will be a bit of a slump’: London braced for luxury hotel glut
Biggest number of room openings in more than a decade prompts concerns about oversupply and price cutsFinancial Times - Jan. 4 -
Thai PM declares luxury handbags, watches among $400 million in assets
Thailand's youngest-ever leader has more than 200 designer handbags worth over $2 million, as well as property in London and Japan, her party said.CBS News - Jan. 3 -
‘Dinosaur highway’ tracks dating back to Middle Jurassic period discovered in England
The U.K.'s biggest ever dinosaur trackway site has been discovered in a quarry in southern England. About 200 huge footprints, which were made 166 million years ago, crisscross the limestone floor.NBC News - Jan. 3 -
Reinsurance costs fall as sector deploys record capital
Decrease follows two years of bumper profits for providersFinancial Times - Jan. 2