Bernard Arnault, chairman and CEO of LVMH Moët Hennessy-Louis Vuitton SE (LVMH), the world's largest luxury-goods company, is now the world second richest person with a personal fortune estimated at $107 billion by Forbes as of Tuesday.
Apple has long been known as the world’s most profitable company, but those days are over. By preparing to be publicly listed, Saudi state oil company Saudi Aramco had to disclose company reports and was subsequentially rated by Moody’s to have earned US$111.1 billion in 2018, far surpassing competitors. Currently, Saudi Aramco is taking a second swing at an IPO.
ince having a relationship with an employee, McDonald's fired his chief executive Steve Easterbrook. The fast-food giant in the United States said the relationship was consensual, but Mr Easterbrook had "violated company policy" and "poor judgment."
Facebook is introducing new branding for its products and services in an attempt to distinguish the company from its familiar app and website. Instagram and WhatsApp are among the services that will carry the new FACEBOOK brand in the next few weeks.
In key state polls, US Democrats have made gains in what is seen as a blow to President Donald Trump. After a tight race in the conservative-leaning city, Democrat Andy Beshear claimed victory in Kentucky's governor election.
Uber shares skidded Monday after the ride-hailing giant reported widening losses in the just-ended quarter as it boosted investment in new services and features. San Francisco-based Uber reported a loss of $1.2 billion, up from a loss of $986 million a year ago.
Microsoft Japan trialed a radical idea in a country known for overwork: to work less. And it found that four-day days, along with other changes, boosted sales and reduced costs.
President Xi Jinping pledged on Tuesday to open up China's economy further, declaring that the world must "knock down walls" as he opened an annual trade fair against the backdrop of the war on US tariffs.
Star Wars is heading to a traditional Japanese kabuki theater stage from a galaxy far, far away to celebrate the epic movie series for a one-off show in Tokyo. Ahead of the release of the final film in the main Star Wars saga, Kabuki actors will swap their samurai swords to lightsabers to perform the adaptation of the wildly popular series later this month.
Fully autonomous robots that are able to inspect damaged wind farms have been developed by Scots scientists. Unlike most drones, they don't require a human operator and could end the need for technicians to abseil down turbines to carry out repairs.
Esther Duflo, winner of this year's Nobel Prize for Economics, said she hopes her win will "inspire many, many other women to continue to work." Speaking at a press conference following Monday's announcement, Duflo also said she hoped that her win would encourage "many other men to give [ women ] the respect they deserve."
The budget is planned for 6 November, with Chancellor Sajid Javid saying that after leaving the EU, it will be "the first budget." "This is the right thing to do and responsible-we have to get on with governing," he said.
Facebook's Libra currency plan appeared to be on the rocks after five big payment providers dropped out last week. But the remaining members insisted that ahead it's full steam.
Rescue workers in Japan worked around the clock on Tuesday in an increasingly desperate search for survivors of a strong weekend typhoon that killed almost 70 people and caused widespread destruction.
E-cigarette vapor causes lung cancer and potentially bladder cancer in mice, damaging their DNA and leading researchers at New York University to conclude that vaping is likely “very harmful” to humans as well.
International News from World: Apple just released its big new software update for Macs. It’s called macOS Catalina. Like iOS 13,
Sprint hurdler Nia Ali led a final day gold rush for the United States as the curtain came down on the World Championships on Sunday. Ali powered to victory in the 100 metres hurdles to upset world record holder Keni Harrison with a time of 12.34sec at the Khalifa Stadium.
Kevin Na made it closer than it had to be, but shook off a triple-bogey to beat Patrick Cantlay in a playoff Sunday to win the US PGA Tour Shriners Hospitals for Children Open for the second time.
Unilever, which owns brands such as Surf and PG Tips, says it plans to halve the amount of new plastic it uses in a bid to appeal to younger shoppers. The firm is responsible for producing 700,000 tonnes of new plastic a year.
Thomas Cook customers who had booked holidays with the collapsed travel firm can now claim for a refund online. About 800,000 people had been due to take trips with the firm in the coming months, according to the Civil Aviation Authority (CAA), which is handling the refund process.
It's a skill you never forget once learned, as the saying goes: Now immigrants to Finland can receive free cycling lessons to help them better integrate into life in the bike-loving nation.
Japan has increased its consumption tax for the first time in five years, bringing the long-delayed policy into effect despite concerns it may knock the economy. On Tuesday, the country raised its sales tax rate from 8% to 10%.
In more than 50 years, the Amery Ice Shelf in Antarctica has just produced its largest iceberg. The calved block includes an area of 1,636 sq km-a bit lower than the island of Skye in Scotland-and is called D28.
After the UK tour operator and airline Thomas Cook stopped trading, the UK Civil Aviation Authority initiated the biggest peacetime repatriation to take over 150,000 people back to the UK.
Sri Lanka condemns the drone attacks targeting Abqaiq oil processing facility and Khurais oil field in Saudi Arabia. As a country that has suffered from terrorism for thirty years, Sri Lanka remains committed to addressing this scourge in all its forms and manifestations.
President Donald Trump welcomed Australian PM Scott Morrison on a week-long tour to the United States that involves a White House state dinner.
In a final bid to secure a rescue agreement, Thomas Cook will hold crisis talks. It is understood that the meeting with its largest shareholder and creditors is scheduled for Sunday morning at City law firm Slaughter & May. Within days, the tour operator could be administered unless he finds £ 200 m in additional resources.
Whistleblower Edward Snowden, living in Russia since leaking a trove of classified documents showing the scope of post-9/11 US government surveillance, wants to claim asylum in France, according to an interview published Saturday.
Oil prices surged by nearly 20% after two attacks on Saudi Arabian facilities on Saturday knocked out more than 5% of the world's supply.
Working around the clock, thousands of firefighters are struggling to contain smog-belching blazes raging across rainforests and farmland in Indonesia, one of the frontlines against fires blamed for aggravating global warming.
A gang of thieves stole an 18-carat gold toilet from an art exhibition at the Blenheim Palace in Britain on Saturday, police said-causing the World Heritage Site to flood. The full-functioning piece by Italian artist Maurizio Cattelan, dubbed "America," was once exhibited at the Guggenheim Museum in New York and offered to US President Donald Trump on loan.
Former British Prime Minister David Cameron launched a blistering attack on the UK’s current leader Boris Johnson in extracts of his memoirs published Sunday, accusing him of only backing Brexit to further his own career.
The US Coast Guard thinks the environmental impact from an overturned cargo ship along the Georgia coast is limited so far, Cdr. Norm Witt said Tuesday.
Drug-making giant Purdue Pharma has reportedly reached a US multi-billion dollar tentative agreement to settle a host of lawsuits against it. The company owned by the Sackler family is accused of fueling the U.S. opioid crisis through drugs such as OxyContin painkiller.
International News from World: Alibaba chairman Jack Ma is due to step down from Tuesday’s e-commerce giant, marking the company’s
Indian Prime Minister Narendra Modi told space researchers in his country that he was proud of a program so close to placing a sample on the Moon. Contact with Chandrayaan-2 was lost moments before touching down at the lunar south pole was due to its Vikram module.
A 73-year-old lady in Andhra Pradesh's southern Indian state bore twin boys
The Zimbabwean independence icon transformed into an authoritarian leader, Robert Mugabe,
Prime Minister Imran Khan today said that Pakistan deeply valued its close and friendly relations with Sri Lanka which had been nurtured over decades through a continuous interaction at bilateral, regional and international levels.
Foreign ministers Kang Kyung-wha of South Korea, Taro Kono of Japan and Wang Yi of China will meet from Tuesday to Thursday, the ministry said. The last such gathering was three years ago.
Dubai (AFP) - Dubai International Airport said it retained its top global spot in 2018 after serving the largest number of passengers for the fifth year in a row despite falling short of its target.
Indonesian President Joko Widodo has officially proposed a plan to transfer the country's capital from Jakarta, on Java's crowded island, to Kalimantan on Borneo's island. Widodo, also known by his nickname Jokowi, made the proposal a day before the nation celebrates its 74th anniversary of independence during its state of the union speech in parliament.
Regional leaders met at the Pacific Islands Forum in Tuvalu this week, where smaller island-dominated states sought a consensus on climate goals.
India's 73rd Independence Day celebrations took place on 15 August 2019 at the Indian High Commissioner's official residence in Colombo, India House. Taranjit Singh Sandhu, High Commissioner for Sri Lanka, addressed the gathering of Indian expatriates and well-wishers from Sri Lanka.
Ford (F) has great plans for the launch of its car in 2020. The automaker will be launching an all-electric crossover vehicle inspired by Mustang as well as bringing back the Bronco SUV model. Besides the redesigned F-series and several updated SUV designs, this is also possible.
Third-party merchants on Amazon's marketplace already account for 58 percent of revenues. That's thanks in large part to its Amazon Fulfillment (FBA) program that enables vendors to send inventory to the company's storage facilities and Amazon ships an item automatically when a client purchases it.
Climbers who want to try Mount Everest should first have to prove they are experienced mountaineers, recommended by a committee advising the government of Nepal. The report recommends that applicants must have climbed a peak of at least 6,500 m (21,325 ft) in Nepal already. They should also be issuing a physical fitness certificate and using skilled guides, it adds.
A giant parrot that roamed New Zealand about 19 million years ago had a height of 1m (3ft 2in) - more than half the average height of a human, a new study has found.
A magnitude 6.0 earthquake has caused minor damage in northeastern Taiwan as the island braced for the arrival of a severe typhoon.
Heavy rainfall across Mumbai and suburban areas has crippled normal life Sunday with "intermittent rain with heavy to heavy showers" forecasting from the Indian Meteorological Department (IMD)
Hyundai introduced a version of its Sonata hybrid that has solar panels to support battery charging. The Korean vehicle manufacturer said that if the solar roof was used for six hours a day, up to 60 percent of the energy could be provided for the battery of the vehicle.
Ms. Swaraj, who served five years as foreign minister, suffered a heart arrest on Tuesday, said India's Press Trust. She was a famous minister as prime minister in the first term of Narendra Modi, but previously this year she did not contest parliamentary elections.
In South-West France, scientists have discovered a huge dinosaur thigh bone at a site which has been producing fossils for almost a century.A sauropod, plant-free dinosaur with a long neck and tail, is believed to have belonged to the femur discovered at Angeac for two meters (6.6 ft) lengthy.
The Walt Disney Company said Russia Taylor, Minnie Mouse's voice since the mid-1980s, was killed. She was seventy-five.Disney said in a declaration, she died Friday at Glendale, California. There was no release of the cause of death.
Foreign Secretary Jeremy Hunt was defeated in the Conservative Party leading competition on Tuesday, former London Mayor Boris Johnson won the competition for a future Prime Minister. By 92,153 to 46,656 votes for Conservative arty Johnson defeated Hunt.
The $2.1 billion credit it has signed for Wednesday is the largest sustainability-based loan for a commodity dealer, COFCO International, the Geneva-based, international trade force of China's largest food-and agricultural business.
India will overtake the United Kingdom this year as the fifth-largest economy in the world, and in 2025 IHS Markit is about to overtake Japan as the third-largest.
Despite ongoing US-China trade wars, Malaysia's trade perspective is still optimistic, said Datuk Wan Latiff Wan Musa, Chief Executive Officer of the Malaysia External Trade Development Corp (Matrade).
In the course of the 180th annual General Assembly of the Ceylon Chamber of Commerce, South African High Commissioner Robina Marks said that the company community and the private sector played unseen roles in turning the nation from the pariah state to a prosperous state.
Following a secret ballot from MEPs, Germany's Ursula von der Leyen was chosen narrowly as EU President. On 1 November, Commission President Jean-Claude Juncker will be replaced by the Center-Right Defense Minister.
On Sunday, French President Emmanuel Macron laid the heart of the Bastille Day parade in Europe's military cooperation in an era of growing tensions with the USA. Key EU leaders, including Chancellor Angela Merkel and Prime Minister Mark Rutte from the Netherlands, joined Macron to watch the annual Parade in Paris during the French Revolution in the Champs Elysées on July 14, 1789.
Volkswagen and Ford said they’re going to work together to develop self-driving and electric cars in an effort to cut fresh
Giant panda “Yuanzai” celebrated its sixth birthday Saturday at the Taipei Zoo, Taiwan, with a unique birthday cake made of ice
India will step up Monday's global space race by launching a low-cost mission to become just the fourth nation to land a probe on the moon. Just five days before the 50th anniversary of man's first lunar landing, after a decade-long build-up, Chandrayaan-2— or Moon Chariot 2— will blow off from a tropical island off Andhra Pradesh state.
As an unconventional artist, by launching it exclusively through Amazon, Lady Gaga takes the same strategy to her fresh make-up line. Haus Laboratories, the Oscar-winning songwriter, will become the first significant cosmetics brand that the online retail giant will launch. The agreement implies that from the beginning, the first company venture of Lady Gaga will have a global reach. In September,
Sir James Dyson purchased what is believed to be the largest and most costly penthouse flat in Singapore. The purchase comes after his business relocated its headquarters from the UK to Singapore, best known for its vacuum cleaners. The estate covers three floors and has five bedrooms in the core of the business district of the city.
Chinese and German researchers work together to further decrease emissions of greenhouse gasses from livestock raising.
On downtown Victoria Sunday for the annual Victoria Pride parade, thousands of marchers and revelers covered in rainbows, feathers, and sequin. About thirty thousand individuals from over six hundred organizations attended the formal parade through central London with around 1.5 million individuals.
Brands of fast fashion might need to slow down their performance. In February Kardashian filed a lawsuit against the brand alleging that he used her likeness without her consent to sell lower-priced versions of the clothes she wore. Kim Kardashian had only won a lawsuit against the United States Missguided. She demanded 10 million dollars, but finally got 2,7 million dollars plus 60 thousand dollars in legal charges for the problems she had. But it was not a hard fight, because the Missguided United States never answered that fight. The default is $2.7 million.
A quarter of a century after the nomination of the ancient capital, Bagan is listed as UNESCO World Heritage Site. According to the tourism industry, recognition by the United Nations cultural body will increase demand from both Western and Asian markets. However, the future of the area is crucial for meeting conservation commitments and efficient local governance.
The duty on gold imports in India has risen. Anantha Padmanabhan, Chairman of the All India Gems and Jewelry Council, said that this tax rise could discourage the physical markets ' purchasers' and reduce the demand of 760 tonnes in 2018 by ten percent this year.
According to Riyadh press reports, the Saudi Government improved the Haj quota to the pilgrims of Sri Lanka by adding 500 visas to the current figure, bringing the total to 4,000 this year. The Sri Lankan Haj pilgrims will receive their Saudi Arabia visas for their moment via an internet portal, press reports also stated.
Nirmala Sitharaman, Indian Minister of Finance, today at 11:00 AM, introduces the government's first budget Modi 2. The then acting finance minister, Piyush Goyal, given several income tax liabilities to the middle class in February and introduced zero tax liabilities for the Rs.5 lakh revenue group.
The biggest earthquake in nearly 20 years in Southern California led one town on Thursday to declare the state of emergency and shook people from Las Vegas in the county of Orange.
The murder of at least 13 individuals crashed on a second consecutive day of the rain-disturbed railway and the air traffic in Mumbai, the Indian financial capital. The authorities were forced to declare a public holiday.
JAPAN: World leaders kicked off one of their most high-stakes G20 meetings in years Friday, with rows brewing over a bruising US-China trade war and climate change despite a more conciliatory tone from US President Donald Trump. After lashing out at friend and foe alike en route to Osaka in western Japan for the meeting, Trump appeared in a less combative mood when meeting fellow world leaders face-to-face.
The Duke and Duchess of Cambridge will visit Pakistan this autumn, the first royals to travel to the Islamic republic in more than 13 years, according to BBC.
Several countries will be able to see solar eclipse today. Most of the eclipse's path of totality will travel over the southern Pacific Ocean. But when the lunar shadow touches land, the eclipse will traverse parts of Chile and Argentina on a journey lasting about 6 minutes. Millions of people in those nations will experience the eerie midday darkness of a total eclipse, weather permitting, according to NASA.
The US and China agreed to resume trade talks, facilitating a lengthy line that led to a worldwide financial slowdown. At the G20 Summit in Japan, US President Donald Trump and Chinese President Xi Jinping reached consensus.
The bodies of seven of a group of eight missing climbers have been recovered in the Indian Himalayas, officials have said.
As Facebook is grappling with the spread of hate speech on its platform, it is introducing modifications that restrict the spread of messages in two nations,
The government of Thailand made final preparations to host the Southeast Asian Nations Association (ASEAN) summit due to be held in Bangkok on the weekend.
NAMIBIA: Drought-hit Namibia has authorized the sale of at least 1,000 wild animals -- including elephants and giraffes -- to limit the loss of life and generate $1.1 million for conservation, the authorities confirmed Saturday.
The Duke of Edinburgh the longest-serving consort in British history is celebrating his 98th birthday.
The bodies of four climbers who failed their Everest challenge and left little indication as to their identity created a new challenge for the Nepalese authorities that control the highest peak in the world.
For a second day of activities to mark the 75th anniversary of the Normandy invasion, Theresa May and French President Emmanuel Macron joined D-Day
US President Donald Trump will arrive for a three-day official state visit to the UK on Monday morning. »
It is expected that Air Force One will land at London Stansted Airport at 9:00 BST. The Queen will host a state banquet for the president and First Lady Melania Trump at Buckingham Palace on Monday night. During the visit, protests are planned throughout the UK-including rallies in London, Manchester, Belfast, Birmingham, and Nottingham.
These stunning photographs showcase the work of the ten winners of a competition for places in an upcoming charity book called Remembering Lions.
At the national elections with 346 seats, the Bharatiya Janata Party led by Prime Minister Narendra Modi claimed a historic victory.
Uber, the world’s largest personal mobility company, announced a key partnership with The International Cricket Council, as the official sponsor of the ICC Men’s World Cup 2019.
Huawei would continue to provide security updates and after-sales services, to all existing Huawei and Honor smartphone and tablet products covering those that had been sold or still in stock globally.
Three-time Formula One world champion Niki Lauda has died. He was 70. He was born on Feb 22, 1949, into a wealthy Vienna family.
German sportswear manufacturer Adidas recorded a “strong growth” in China with an increase in turnover of 16 percent in the first quarter (Q1) of the fiscal year 2019, the company announced on Friday.
The first tickets for the Tokyo 2020 Olympics went on sale on Thursday, with Japanese residents able to enter a lottery to watch the sport of their choice.
The Duke and Duchess of Sussex have named their newborn son Archie Harrison Mountbatten-Windsor.
Since initiating market reforms in 1978, China had shifted from a centrally-planned economy to a more market-based one and subsequently experienced rapid economic and social development.
SIAL Canada is one of the most popular professional food and beverage sector exhibitions being held annually in Canada, and visited by several thousand buyers, buying agents, importers, food sector distributors, experts, wholesalers, and retailers.
The festive high mass of St. Anthony’s Basilica in Padua, Italy was held on May 1. The twenty-two-year-old feast under the initiation of Rev. Msgr. Neville Joe Perera, National Coordinator of Sri Lankan migrants in Italy is a significant ‘national event’ amongst the migrant and working community in Italy.