The Palm Jumeirah in Dubai, Dubai, United Arab Emirates Nikada | E+ | Getty Images The global trade war triggered by U.S. President Donald Trump shows no sign of abating, with tit-for-tat tariffs hammering major economies, tanking stock markets and dimming growth prospects. The economies concerned – North America, the European Union, and China –…
A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg | Bloomberg | Getty Images Shares of Kering plunged on Friday after the company announced that Demna Gvasalia would take the reins as new artistic director of its ailing Gucci fashion line. Gvasalia, known as…
For a government that has made growth its overriding mission, the 0.1% decline in GDP in January signalled by the Office for National Statistics will be depressing news. As Rachel Reeves prepares to announce her spring statement on 26 March, the economy appears to be going in the wrong direction – underlining the fact that…
A portable power bank likely caused a fire that engulfed and destroyed a passenger plane in South Korea in January, according to local authorities. The Air Busan plane caught fire at Gimhae International Airport in the country’s south on 28 January – causing three people on board to sustain minor injuries. On Friday, South Korea’s…
Getty Images Protests erupted following the girl’s death, with demands that the government expedite justice for rape victims and reform laws related to women and children’s safety An eight-year-old child who was raped in Bangladesh has died of her injuries on Thursday, setting off fierce protests around the country. The girl was raped while visiting…
When President Trump hawked some Teslas at the White House on Tuesday, it evoked a similar scene from Beijing’s main government compound years earlier, when a top Chinese leader was also photographed alongside Elon Musk examining one of the company’s electric vehicles. In January 2019, China’s No. 2 official at the time, Li Keqiang, met…
The UK economy contracted by 0.1% in January, dealing a blow to Rachel Reeves before the spring statement later this month. In a surprise to City economists, who expected 0.1% growth in January, the Office for National Statistics data showed the services sector failed to offset a decline in the industrial sector and maintain growth…
WUHAN, CHINA – MAY 25: (CHINA OUT) Attendees wear protective masks as they look around the at BMW Ix3 during 2023 Central China International Auto Show on May 25, 2023 in Wuhan, Hubei province, China. More than 80 brands took part in the 2023 Central China International Auto Show which started on Thursday. According to…
Sam Jones, a US influencer who briefly snatched a baby wombat from its distressed mother, and uploaded the footage to social media has left Australia. Australia’s Home Affairs minister Tony Burke had earlier said his department was reviewing whether it could revoke Ms Jones’s visa, but the BBC understands that she left the country of…
Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg | Getty Images News | Getty Images The U.K.’s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain’s Office for National Statistics said the fall was mainly due to a…
