China’s fascination with luxury goods stems from a quest for “traditions,” says “Red Roulette” author Desmond Shum. “Traditions provide identity. As CCP has destroyed Chinese traditions, luxury brands step in to provide that,” he tweeted. His observations stemmed from a…
Ukraine is firing an artillery shell that lays mines built to destroy tanks. The US has sent Ukraine over 10,000 of these rounds along with the 155mm howitzers that fire them. These mine-laying artillery shells are designed to force desperate…
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China’s economy is stumbling and is likely headed for a lost decade similar to Japan’s. That’s according to former IMF official Desmond Lachman, who said China may no longer be the world’s growth driver. But a lost decade also means…
Netflix stock has more upside as it sees early success in its low-cost ad tier and paid sharing rollout, JPMorgan said. The bank increased its price target for the streaming company to $470 from $380 in a Wednesday note. “We…
DeSantis’ campaign shared images of Trump and Fauci hugging in a Twitter video on June 5. The photos are shared under the banner “Real Life Trump” in the campaign video. But media forensics experts told AFP that the images were…
Thick smoke from wildfires in Canada has halted or delayed flights at major East Coast airports. Haze from distant wildfires blanketed cities from New York to North Carolina, reducing visibility. Massive Canadian wildfires disrupted life for millions along the Eastern…
Hello from London, readers. Nathan Rennolds, an associate editor, here. A lot has been written about Apple’s new Vision Pro since it was unveiled at a launch event on Monday. While its sleek design has won some admirers — with…
The recent PGA-LIV golf merger is the latest example of growing Saudi influence on sports. The Saudi Public Investment Fund has invested heavily in soccer, both in England and domestically. Mohammed bin Salman has consistently proven that he’s willing to…
A ship operator was distracted on his phone while on lookout, causing his ship to crash into another. The ships racked up $12.3 million worth of damage, per the National Transportation Safety Board. No injuries were reported in the crash,…
