Month: April 2025
LVMH plunge puts spot as world’s top luxury stock at risk after sales miss
Louis Vuitton store window display in Mitsukoshi department store in Tokyo, Japan, on Friday, April 4, 2025. Bloomberg | Getty Images Shares of LVMH plunged as much as 8% on Tuesday morning, at one point losing its position as world’s largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported […]
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Autos lead Europe stocks higher on hopes of Trump tariffs easing
UK labor market eases as wage growth remains strong The U.K. employment rate ticked 0.2 percentage points higher on the quarter to 75.1% between December 2024 and February 2025, the Office for National Statistics said in a labor market report published Tuesday. In an initial estimate, the number of payrolled employees fell 0.3% month on […]
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‘Good chance’ of U.K.-U.S. trade deal, JD Vance says, as Trump ‘really loves’ Britain
U.S. President Donald Trump inspected an honour guard during a welcome ceremony at Buckingham Palace in central London on June 3, 2019, on the first day of their three-day State Visit to the U.K. Mandel Ngan | Afp | Getty Images The U.K. has a “good chance” of securing a trade deal with America, U.S. […]
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Singapore dissolves parliament ahead of general election
Tourists near Singapore’s Merlion statue on August 14, 2024. Suhaimi Abdullah | Nurphoto | Getty Images Singapore President Tharman Shamugaratnam on Tuesday dissolved the city-state’s parliament, paving the way for a general election. This was done on the advice on Prime Minister Lawrence Wong. A release by the prime minister’s office stated that Nomination Day […]
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U.S. announces probe into chip, electronics imports, paving the way for new tariffs
William_potter | Istock | Getty Images The U.S. Commerce Department is conducting a national security investigation into imports of semiconductor technology and related downstream products, according to a Federal Register notice put online Monday. The official document — which calls for public comments on the investigation — further confirms that chips and the electronics supply […]
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Here are the top 15 companies for career growth in Singapore, according to LinkedIn
DBS Bank tops LinkedIn’s 2025 Top Companies in Singapore list. Lim Weixiang – Zeitgeist Photos | E+ | Getty Images The technology, banking and consulting industries dominated LinkedIn’s 2025 Top Companies in Singapore list published this month, which ranks the best workplaces for career growth in the city-state. The networking giant tracked and assessed companies […]
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Nissan to cut Japanese production of top-selling U.S. model due to tariffs, Reuters reports
A 2019 Nissan Motor Co. Rogue sport utility vehicle (SUV) sits on the lot at a car dealership in Joliet, Illinois, U.S., on Wednesday, Oct. 2, 2019. Daniel Acker | Bloomberg | Getty Images Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter […]
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Adobe takes stake in Synthesia, startup behind AI clones for corporate videos
An Adobe sign hangs along Main Street during the 2025 Sundance Film Festival on Jan. 27, 2025 in Park City, Utah. David Becker | Getty Images LONDON — Adobe has invested in Synthesia, a British artificial intelligence startup, in a bet that the technology will transform video production. Synthesia told CNBC that Adobe’s venture capital […]
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Taiwan to simulate impact of U.S. tariffs on semiconductor sector
A microchip, and a TSMC logo displayed on a phone screen in the background. Jakub Porzycki | Nurphoto | Getty Images Taiwan will simulate the impact of any U.S. tariffs on the semiconductor industry and seek talks with Washington on the issue, the island’s economy minister said Tuesday. The Trump administration is probing the import of chips, along with pharmaceuticals, in a bid to impose tariffs on both […]
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South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom
Visitors look at the display of SK Hynix Inc. 12-layer HBM3E memory chips at the Semiconductor Exhibition (SEDEX) in Seoul, South Korea, on Wednesday, Oct. 23, 2024. Bloomberg | Bloomberg | Getty Images South Korea announced Tuesday a support package of 33 trillion won ($23.25 billion) for its vital semiconductor industry, as heightened uncertainty over […]
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