LVMH head Bernard Arnault has proposed the appointment of his two sons to the company's board. Bernard Arnault, the head of the LVMH luxury goods conglomerate, disclosed on Wednesday that he has proposed the appointment of two more of his children to the company's board, a move to solidify his family's grip on Europe's most valuable firm.
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British Oil Tanker Hit by Houthi Missile After Group Fires at US Warship—China Urges Rebels to Stop Red Sea Attacks
A British oil tanker was reported to be engulfed in flames in the Gulf of Aden after Houthi rebels hit it with a missile on Friday after transiting the Red Sea.
Vodafone-Three Mobile Network Merger Prompts UK Antitrust Investigation
The UK's competition regulatory said it will investigate Vodafone's proposed merger with Three.
World-First Blood Test for Brain Cancer Could Revolutionize Testing and Treatment, Increasing Survival Rates, Experts Say
A team of researchers has developed a "breakthrough" world-first blood test for brain cancer, which British experts said could revolutionize the detection and treatment of the disease and increase survival rates.
US Middle Class Is Better off Under Biden’s Leadership Than Trump’s: Treasury Sec. Janet Yellen
Treasury Secretary Janet Yellen supported President Joe Biden's economic program, comparing it with that of former President Donald Trump.
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Mining giants BHP, Vale, and their iron ore joint venture Samarco have been ordered to pay $9.67 billion in damages over a deadly dam collapse in Brazil.
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
Employees at Woolworths have voiced their displeasure over the supermarket's controversial Australia Day stance.
Keppel DC REIT has faced a 16.1% to 4.332 cents decline in its distribution per unit (DPU) for the second half of the year.
Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs. Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs under the leadership of incoming CEO Michelle Gass, alongside a cautious fiscal outlook for the year, according to Reuters.
President Joe Biden has praised the announcement that 21.3 million people have now signed up for 2024 Obamacare health insurance plans.
Australia's Postal Service Suggests Stamp Price Hike of 25%, Which Consumer Watchdog Won’t Challenge
The Australian Competition and Consumer Commission has indicated that it would not oppose Australia Post's 25% stamp price increase while collecting stakeholder input.
Tesla CEO Elon Musk told investors a cheaper EV will be produced later this year. Tesla CEO Elon Musk informed investors on Wednesday, January 24, that a more affordable variant of the electric vehicle (EV) would be released later this year.
Saudi Arabia has opened its first liquor store in over 70 years, marking a significant departure from its conservative traditions.
