Shares of LVMH drop 6% as full-year results throw doubt on broad luxury recovery
A photograph taken on April 23, 2024 shows a view of the new Louis Vuitton luxury shop belonging to French luxury group LVMH Moet Hennessy Louis Vuitton SA, on the Champs Elysee avenue in Paris. Julien De Rosa | Afp…
‘Half our house is gone’: Palestinians face worst fears in north Gaza
One man who had returned to his home in Jabalia told the BBC it was “not possible to describe” the destruction around him. “You’re speaking to me while I’m clearing a space to put up a tent… We are trying…
Fintech firms target Singapore’s wealthy with feature-rich apps
Businesswoman managing finance and investment online, reading financial trading data and making financial plan with smartphone. Online banking. Banking, investment and financial trading concept D3sign | Moment | Getty Images The private banking industry, long defined by exclusivity, discretion and…
Roman Abramovich could owe UK £1bn in unpaid tax
Tax expert Rita de le Feria told the BBC that evidence a UK resident, such as Mr Shvidler, was taking “strategic big decisions” on the hedge fund investments was a “clear indication” the huge profits should have been taxed by…
ASML earnings report Q4 2024
A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024. Peter Boer | Bloomberg | Getty Images Dutch semiconductor equipment maker ASML on Wednesday reported better-than-expected net sales and profit results…
Kumbh Mela: Belongings strewn aside after festival crush
Blankets, shoes and backpacks lie strewn on the ground at the site of a crush in northern India which took place in the early hours of Wednesday at the huge Kumbh Mela religious festival. Several worshippers are feared injured and…
Chinese travelers scrap holiday trips to Thailand over safety concerns
Chinese travelers are canceling plans to visit Thailand during the Lunar New Year holiday, as concerns over the kidnapping of actor Wang Xing continue to reverberate through the country. Net booking volume for trips to Thailand fell 15.6% from Jan….
Italy’s Meloni investigated over release of Libyan war crimes suspect
Meloni said that Nordio, Interior Minister Matteo Piantedosi and the cabinet undersecretary for intelligence matters, Alfredo Mantovano, had also been placed under investigation. Being placed under investigation in Italy does not mean that formal charges will necessarily follow. In a…
Foreign investors are exiting India’s stock market but opportunities remain
A pedestrian wearing a protective mask walking past the Bombay Stock Exchange (BSE) building in Mumbai, India. The Nifty 50 and Sensex recently slid to their lowest in more than six months Bloomberg | Bloomberg | Getty Images Indian equities have…
‘Don’t overdo it, Steve’: The BBC in testy exchange with Belarus president
Long-time leader of Belarus Alexander Lukashenko, once dubbed “Europe’s last dictator”, has been re-elected president with 86.8% of the vote. The result has been condemned as a sham by Lukashenko’s opponents and Western governments. There were four other names on…
