We’re officially on slowdown watch

Chinese economic slowdown deepens, official figures show

Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.

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 ...

Business - The Wall Street Journal - October 14

Hermes Sales Rise 11% Despite Luxury Slowdown

Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.

Business - The Wall Street Journal - October 24

Prada's Miu Miu Continues to Defy Luxury Slowdown

Prada posted an increase in revenue, buoyed by the popularity of its Miu Miu brand, and continues to buck a downturn in demand for high-end goods that is particularly acute in China.

Business - The Wall Street Journal - October 30

How Hermès is bucking the global luxury slowdown

Paris-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.

Business - CNBC - October 31

China consumer slowdown weighs on U.S. earnings again

From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.

Business - CNBC - 4 days ago

Vance on calling Putin an 'enemy': 'We’re not in a war with him'

Sen. JD Vance (R-Ohio), former President Trump’s running mate, refrained from labeling Russian President Vladimir Putin an “enemy,” instead saying he’s an “adversary” and urging diplomacy to help ...

Politics - The Hill - October 27

‘We’re a Fortress Now’: The Militarization of US Elections Is Here

From bulletproof glass, drones, and snipers to boulders blocking election offices, the US democratic system is bracing for violent attacks in 2024.

Tech - Wired - October 30

America, land of the free — but only if we’re careful

We have reason to worry when nearly half the nation's voters tell pollsters they'll vote for Trump.

Politics - The Hill - 5 days ago

Florida emergency official tells residents to watch for scammers posing as FEMA

Florida emergency officials told the state’s residents to watch out for scammers in the area who are posing as Federal Emergency Management Agency (FEMA) workers. Sarasota County Emergency ...

Politics - The Hill - October 18

WATCH: Israeli soccer fans suffer 'anti-Semitic attacks' in Amsterdam incident: Officials

At least five people have been hospitalized and 62 others detained after a night of violence targeting Israeli soccer fans in Amsterdam Thursday night, authorities said.

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 ...

World - The Guardian - October 15

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 Japan

Business - Financial Times - October 16

Brunello Cucinelli Backs Growth Targets as Sales Defy Luxury Slowdown

The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.

Business - The Wall Street Journal - October 17

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - October 30

Prada continues to defy luxury slowdown as Miu Miu sales boom

Italian group bucks gloom but warns that conditions in Asia are becoming ‘more challenging’

Business - Financial Times - October 30

‘We’re running out of time’: UN warns of 3.1C temperature rise

Paris agreement target of 1.5C of global warming ‘will be gone in a few years’ without action, agency says

Business - Financial Times - October 24

‘We’re eating ourselves’: big money turns football into legal battlefield

Vast sums underpinning top competitions have sparked outbreak of ‘lawfare’ that could reshape the sport

Business - Financial Times - October 27

The mysterious world of Two Shell: ‘Our pranks don’t mean we’re not sincere’

They promised us an in-person interview – then sent along two decoys. So who are the enigmatic musicians who make it so hard for fans to hear their thrillingly alien music?. Two Shell, a buzzy ...

World - The Guardian - October 29

DNC vice chair says ‘we’re prepared’ for close race

Democratic National Committee Vice Chair Ken Martin on Sunday projected confidence going into Election Day on Tuesday, saying Democrats have long prepared for a close race. “I am really confident, ...

Politics - The Hill - 6 days ago

Is Juan Soto Worth $600 Million? We’re About to Find Out.

The average annual value of Soto’s next contract could surpass a record set by Shohei Ohtani, a columnist for The Athletic writes.

Sports - The New York Times - 5 days ago

WATCH: Wrong-way driver came within feet of Harris' motorcade, officials say

A suspected drunken driver going the wrong way on the interstate came within feet of Vice President Kamala Harris' motorcade after a campaign stop this week in Wisconsin, a sheriff's official said.

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 ...

World - The Guardian - October 16

10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown

Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...

Business - MarketWatch - October 30

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