L’Oreal could avoid the worst of the tariff war with the U.S., the beauty giant’s CEO Nicolas Hieronimus, told CNBC, warning that the price impact could still hit consumers Hieronimus said he is “not overly concerned” over the impact of White House tariffs on L’Oreal, as the group produces most of its goods sold in…
Gan Kim Yong, Singapore’s deputy prime minister, during a panel session, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. The annual Davos gathering of political leaders, top executives and celebrities runs from January 20 to 24. Bloomberg | Bloomberg | Getty Images Singapore will likely see only a “limited”…
Andrew Bailey, Governor of the Bank Of England, pauses before the start of the Monetary Policy Report press conference at the Bank Of England on February 6, 2025 in London, England. Kin Cheung – WPA Pool | Getty Images News | Getty Images Even if the U.K. is not the “direct recipient” of potential tariffs…
U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters President Donald Trump campaigned on a promise to slap tariffs on goods from many top trading partners. Elon Musk’s electric vehicle company may…
LONDON — European stocks opened in mixed territory on Tuesday, as traders reviewed the first executive orders that newly inaugurated U.S. President Donald Trump signed on Monday. The pan-European Stoxx 600 opened flat, while Germany’s DAX fell slightly after hitting a record high. While the FTSE 100 opened 0.05% higher, the Italy’s FTSE MIB and…
The climate-damaging vapours left behind by jet planes could be easily tackled, aviation experts say, with a new study suggesting they could be eliminated for a few pounds per flight. Jet condensation trails, or contrails, have spawned wild conspiracy theories alleging mind control and the spreading of disease, but scientists say the real problem is…
Getty Images Some textile dyeing is still done by hand In a small corner of rural Taiwan, set amongst other dye houses and small factories, the start-up Alchemie Technology is in the final phase of rolling out a project it claims will upend the global apparel industry and slash its carbon footprint. The UK-based start-up…
Christophe Barraud, with a strong track record of forecasting and known as the world’s most accurate economist, is turning his attention to the upcoming 2024 election and its potential economic impact. He anticipates that growth will pick up once the election results are in, as companies shake off uncertainty and start making decisions again. Republican…
John Fetterman was left amazed by Donald Trump’s impact in Pennsylvania. The battleground state’s senator likened the former president to the hype surrounding Taylor Swift while predicting that Elon Musk’s endorsement is “going to really matter.” The 55-year-old made the remarks during a Saturday interview with the New York Times. Pennsylvania Senator John Fetterman was…
