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By Casey Hall SHANGHAI (Reuters) – China’s second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to look for cheaper ways to buy them, deepening concerns for the likes of LVMH. LVHM, the world’s biggest luxury…
The average cost of throwing a wedding increased by about 13% in 2024, hitting $33,000, according to wedding planning platform Zola.Allison Cullman, VP of brand marketing and strategy at Zola, told Business Insider that the number of couples planning welcome parties in 2024 has increased 23% in the last year,…
By Arsheeya Bajwa (Reuters) – Nations building artificial intelligence models in their own languages are turning to Nvidia (NASDAQ:)’s chips, adding to already booming demand as generative AI takes center stage for businesses and governments, a senior executive said on Wednesday. Nvidia’s third-quarter forecast for rising sales of its chips…
By Julie Ingwersen CHICAGO (Reuters) – A Biden administration drive to increase U.S. wheat plantings after the Ukraine war is faltering as wheat prices hover around four-year lows and exportable supplies continue to flow from the Black Sea region, curbing demand for American grain. Wheat acreage expanded last year as…
By Dawn Chmielewski, Lisa Richwine and Rocky Swift URAYASU, Japan (Reuters) -Walt Disney unveiled plans on Tuesday to launch a new cruise ship that will set sail from Tokyo starting in fiscal 2028, adding a ninth vessel to the brand’s growing fleet. The new ship, to be modelled after the…
Moments after those 34 “guilties” rolled in on Thursday — making him the first former president convicted of a felony — Donald Trump was handed two copies of a standard New York City Department of Probation form.Titled “Court Order for Investigation and Report,” it would have been quickly filled out…
Russia’s decision to invade Ukraine has had an unintended consequence: a boost to NATO airpower.Fearful of being Russia’s next target, Finland joined NATO in 2023, followed by Sweden this March. This means the alliance will be augmented by their advanced aircraft and strategically located airbases.”Finland and Sweden increase NATO’s high-end…
Flying a helicopter in fog can be a recipe for disaster, with Kobe Bryant and now Iran’s president adding to a string of deaths.The group was on a helicopter ride back from a ceremony marking a dam opening near Azerbaijan’s border when it crashed into trees in the region of…
For many members of Congress, the allure of adding long-haul flights to Ronald Reagan Washington National Airport (DCA) is impossible to resist. The Arlington, Va., airport is easily accessible by car and public transit, and its proximity to Capitol Hill makes it a favorite of lawmakers.But on Monday, congressional negotiators…
