Year: 2025
Designer Rosita Missoni, pioneer of colored knitwear, dies aged 93
FILE PHOTO: Rosita Missoni poses before the Missoni Spring/Summer 2018 show at the Milan Fashion Week in Milan, Italy September 23, 2017. Stefano Rellandini | Reuters Italian designer Rosita Missoni, co-founder of the eponymous fashion house known for its bright and patterned styles, died on Thursday at the age of 93, a company official said. […]
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Foreign phone sales plunge 47% in China spelling trouble for Apple
An Apple flagship store in Shanghai, China, October 15, 2024. Cfoto | Future Publishing | Getty Images Sales of foreign phone brands in China plunged in November, according to official data released Friday, underscoring further pressure on Apple, the biggest international handset vendor in the country. In November, foreign mobile phone shipments in China stood […]
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Trump says Britain is ‘making a very big mistake’ with windfall tax on North Sea oil producers
The NKT Victoria cable laying ship operates off the coast of Marske by the Sea as it lays cable as part of the Sofia Offshore Wind Farm project on August 17, 2024 in Marske By The Sea, United Kingdom. Ian Forsyth | Getty Images News | Getty Images U.S. President-elect Donald Trump on Friday called […]
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European stocks pull back; Turkish inflation falls by more than expected
European markets were lower on Friday after a rocky start to 2025 for stocks around the world. The pan-European Stoxx 600 was down 0.3% by 8:33 a.m. London time, with most sectors in negative territory. Auto and mining stocks led losses, down 1.22% and 1.04% respectively, while financial services stocks added 0.32%. France’s CAC 40 […]
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South Korean presidential guards prevent arrest of impeached Yoon after tense stand-off
Around 30 supporters of impeached President Yoon Suk Yeol stage a sit-in protest in front of his official residence to block his arrest by the police in Seoul, South Korea, on January 2, 2025. A Seoul court issues a detention warrant for Yoon over his failed attempt to impose martial law, making him the first […]
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On the first trading day of the year, all major indexes advanced, but they started tilting down before long. The likely culprit? Rising Treasury yields. Source
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Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
A building at Nippon Steel’s East Nippon Works Kashima Area facility in Kashima, Ibaraki prefecture, north of Tokyo on Dec. 6, 2024. Richard A. Brooks | Afp | Getty Images U.S. President Joe Biden has decided to block Nippon Steel’s $14.9 billion takeover bid of U.S. Steel, The Washington Post reported on Friday, citing two […]
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Millennial saved over $60,000 and bought her first home by 25 — here’s how she did it
Kennie Bukky, co-founder of The Pivot Place Courtesy of Kennie Bukky One millennial managed to save enough money to buy her own property by the age of 25, despite the gloomy economic landscape facing young people. Kennie Bukky, a U.K. based professional who’s under 30, is a compliance officer who has worked at firms including […]
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Europe’s real estate recovery looks set to pick up steam in 2025
Residential 19th century style residential buildings in historic center of Paris, France. Kolderal | Moment | Getty Images Europe’s real estate sector is poised for further recovery in 2025, as investment activity picks up and growth returns across key market segments, analysts have predicted. A gradual uptick in transactions in 2024 looks set to gain […]
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Tesla’s China sales rise to record high in 2024, bucking global decline
A Tesla Bot on display as people look at a Tesla Cybertruck in a showroom in New York City on Jan. 2, 2025. Adam Gray | Reuters U.S. electric vehicle maker Tesla said on Friday its sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market […]
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