LVMH sales miss expectations as luxury recovery is put on pause amid Middle East war
[ad_1] A Louis Vuitton bag is displayed at the LVMH Moet Hennessy Louis Vuitton stand during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 12, 2025. Benoit Tessier | Reuters Luxury conglomerate and industry bellwether LVMH reported quarterly sales that missed expectations on Monday […]
U.S. begins blockade in Strait of Hormuz; Trump warns Iran ‘attack ships’ to stay away
[ad_1] A smartphone displays the MarineTraffic app showing numerous ship beacons near the Strait of Hormuz with a satellite view in the background, in Creteil, France, on April 8, 2026. Samuel Boivin | Nurphoto | Getty Images The U.S. on Monday said it began blocking ships from entering or exiting Iranian ports in the Strait […]
Delta Air Lines unveils first new Delta One suite in premium cabin arms race
[ad_1] Delta A350 fleet renderings with the next-generation Delta One suite cabin. Courtesy: Delta Delta Air Lines on Monday unveiled an updated Delta One suite for some of its longest-haul planes, marking its first refresh of the top-tier seat in a decade as airline competition for well-heeled travelers ramps up. The new suites, which Delta […]
Ineos Automotive: Startup backed by a knighted billionaire and soccer mogul wants to rekindle the rugged SUV market
[ad_1] Ineos Grenadier SUV Courtesy Ineos Automotive An automotive startup founded by a knighted billionaire, U.K. chemical mogul and minority owner of one of the world’s most prominent soccer clubs wants to rekindle the rugged SUV market. The company — Ineos Automotive — has produced more than 35,000 off-road SUVs and pickups since starting in […]
OpenAI announces first permanent London office after halting UK Stargate project
[ad_1] OpenAI has announced it’s opening its first permanent London office with a capacity of over 500 team members, after the company halted a major AI infrastructure project in the U.K. The U.S.-based AI firm said it had signed the lease for an 88,500 square foot space on Monday. In February OpenAI announced it would […]
Why pressure is mounting at oil giant BP ahead of its annual general meeting
[ad_1] A sign at BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025. Bloomberg | Bloomberg | Getty Images A growing chorus of dissenting investors appear to be ramping up the pressure on BP ahead of its annual general meeting. The Local Authority Pension Fund Forum (LAPFF), a top U.K. pension fund […]
Trump blasts Pope Leo for criticism of U.S. foreign policy
[ad_1] Pope Leo XIV waves to the crowd from the popemobile after the Easter Mass as part of the Holy Week celebrations, at St Peter’s square in the Vatican on April 5, 2026. Alberto Pizzoli | Afp | Getty Images President Donald Trump on Sunday bashed Pope Leo XIV over the U.S.-born Roman Catholic pontiff’s […]
Vibe check from inside one of AI industry’s main events: ‘Claude mania’
[ad_1] Samuel Boivin | Nurphoto | Getty Images If one thing became clear at the HumanX conference in San Francisco this week, where 6,500 executives, founders and investors gathered to talk about artificial intelligence, it’s that OpenAI no longer dominates the conversation in their industry. For now, at least, that distinction belongs to Anthropic. Anthropic’s […]
Trump policies, China’s biotech boom are ending Europe’s pharma powerhouse era
[ad_1] Boxes of medication are seen on the shelves of the Keencare pharmacy, a member of the Green Light Group, on September 19, 2024 in London, England. Leon Neal | Getty Images News | Getty Images Once the go-to location for global drugmakers, Europe is now being squeezed by President Donald Trump’s aggressive trade and […]
Elon Musk’s xAI faces fresh opposition after landing permit for Mississippi power plant
[ad_1] Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s xAI, now owned by SpaceX, is facing a new legal challenge from environmental groups in Mississippi, where the company plans to build a massive, methane gas-burning power plant in the town of Southaven. Nonprofits including the NAACP, Young, Gifted […]