Gucci Owner Kering Sees 14% Slump in Stock Price After Profit Warning Owing to Asia Sales Decline

Kering issued an unexpected profit warning due to plummeting Gucci sales in Asia, lowering its stock price by 14%.


UK Inflation Rate Drops to 3.4% in February — Its Lowest Level Since September 2021

UK's inflation rate fell to 3.4% in February, its lowest level since September 2021. UK's inflation rate was lower than expected at 3. 4% year-on-year in February, down from 4% in January and its lowest level since September 2021, official data showed Wednesday.

Donald Trump Sues ABC News, George Stephanopoulos for Defamation Over Rape Claims

Donald Trump has sued ABC News and George Stephanopoulos after the host made rape claims against the former president during an interview.

Biden Administration Is Considering Blacklisting Huawei-Linked Chinese Chipmakers: Report

Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.


Latest News

President Joe Biden revealed his plan to lower housing costs on Tuesday to address high rental costs as he blasted the policies of his predecessor, Donald Trump, while using the former president's signature phrase.
Godfreys will permanently close stores after administrators failed to secure a buyer for the financially troubled company.
Apple CEO Tim Cook arrives in Shanghai ahead of a new retail store opening and decreasing iPhone sales.
A Canadian citizen based in China has been arrested in the United States for allegedly stealing the trade secrets of Tesla and conspiring to sell them to undercover police.
MCI has announced that the acquisition will result in a seamless expansion of services by combining its leadership with the resources of EastWest BPO.
Elon Musk defended his use of ketamine, claiming it is good for Tesla investors. Elon Musk defended his use of ketamine, saying it is helpful for getting him out of a negative frame of mind that ultimately benefits investors in Tesla.
Chubb has declined to handle former President Donald Trump's $464 million bond that he now needs in his New York civil business fraud case.
Citigroup has sold its non-US consumer business operations in nine out of 14 regions and "substantially wound down" three more in Korea, Russia, and China.
Richard Strafehl, Co-Founder of Meridius Bio
The team at Meridius Bio isn't leaving longevity to chance. They are taking luck out of the equation for millions affected by heart disease, diabetes, and a multitude of other illnesses and accidents that cause wounds and tissue damage. With their revolutionary (and that isn't hyperbole) development of AIMER (Active Immuno-Modulated Enhanced Regeneration) Nanotherapeutic, they plan to restore health and increase longevity for millions.
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