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LVMH-backed fund is buying a big chunk of Tod’s as leather driving loafer maker struggles to remain relevant in luxury world
Finance

LVMH-backed fund is buying a big chunk of Tod’s as leather driving loafer maker struggles to remain relevant in luxury world

By Flavia Rotondi and Bloomberg
February 12, 2024
‘Success breeds success’: How a 1,400-hectare plot became the hub of the global chip industry—and the world economy
Tech

‘Success breeds success’: How a 1,400-hectare plot became the hub of the global chip industry—and the world economy

By
February 11, 2024
people seen walking outside a hermes store
Retail

Hermès looks to raise prices as wealthy shoppers continue splurging on Birkin and Kelly bags, driving sales up 21% last year

By
February 9, 2024
Twenty-one million Indonesians, almost the population of Florida, will go online by 2027. The country’s second-largest telco wants to ‘tap that opportunity’
Tech

Twenty-one million Indonesians, almost the population of Florida, will go online by 2027. The country’s second-largest telco wants to ‘tap that opportunity’

By
February 9, 2024
Tourists are seen eating and drinking at an outdoors terrace
Lifestyle

Americans are traveling to Europe in record numbers but they’re not always welcome. Here’s what cities are doing to staunch overtourism

By
February 8, 2024
Alibaba wakes up to competition from PDD and ByteDance, promising to ‘reignite’ growth as disappointing results send shares down 6%
Finance

Alibaba wakes up to competition from PDD and ByteDance, promising to ‘reignite’ growth as disappointing results send shares down 6%

By
February 8, 2024
The CEO of Southeast Asia’s largest bank is taking a $3 million pay cut because of broken digital banking services
Finance

The CEO of Southeast Asia’s largest bank is taking a $3 million pay cut because of broken digital banking services

By
February 7, 2024
Huawei shrugs off U.S. sanctions to take top place in China’s smartphone market—but its new AI chips might be an even bigger achievement
Tech

Huawei shrugs off U.S. sanctions to take top place in China’s smartphone market—but its new AI chips might be an even bigger achievement

By
February 6, 2024
BP Plc surged to a two-month high after accelerating share buybacks. Chief Executive Officer Murray Auchincloss was appointed last month.
Finance

BP investors send shares soaring as new CEO woos them with $250m buyback boost after his predecessor Bernard Looney’s abrupt resignation

By Laura Hurst and Bloomberg
February 6, 2024
Soccer superstar Lionel Messi sat out an exhibition game in Hong Kong, and it cost the organizers $1.9 million in government money
Leadership

Soccer superstar Lionel Messi sat out an exhibition game in Hong Kong, and it cost the organizers $1.9 million in government money

By
February 5, 2024
A Taiwanese scooter startup is taking battery-swapping global—and wants to bring legacy brands like Yamaha and Suzuki along for the ride
Tech

A Taiwanese scooter startup is taking battery-swapping global—and wants to bring legacy brands like Yamaha and Suzuki along for the ride

By
February 2, 2024
AI will not be a mass destroyer of jobs, says U.K. central bank chief: ‘I’m an economic historian. Economies adapt’
Tech

AI will not be a mass destroyer of jobs, says U.K. central bank chief: ‘I’m an economic historian. Economies adapt’

By
February 2, 2024
Apple loses $84 billion in value after reporting weak sales in China, the ‘most competitive smartphone market in the world’
Tech

Apple loses $84 billion in value after reporting weak sales in China, the ‘most competitive smartphone market in the world’

By
February 2, 2024
A German dealership is launching a BYD-only showroom in Berlin, as Tesla killer tries to make its presence in Europe known
Retail

A German dealership is launching a BYD-only showroom in Berlin, as Tesla killer tries to make its presence in Europe known

By
February 1, 2024
ByteDance CEO is mad at his employees for missing the AI wave. He’s the latest Chinese tech executive to fret about being too slow to adapt
Leadership

ByteDance CEO is mad at his employees for missing the AI wave. He’s the latest Chinese tech executive to fret about being too slow to adapt

By
February 1, 2024

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