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Kering’s CEO said he has no plans to shift production out of Europe to counter Trump’s tariffs.He said that most of the group’s production is in Italy and France, which is part of its heritage.Kering reported a 12% decline in annual sales in 2024, with its biggest brand, Gucci, sliding…
Iraq looms as a key test of the US’s priorities for countering Iranian power in the region.About 2,500 US troops remain in Iraq with a focus on assisting partners with countering ISIS.Iran holds tremendous sway with Iraqi armed groups and government leaders.Iraq looms as a complex test for the new…
Investing.com — Beacon Roofing Supply (NASDAQ:) Inc. has begun searching for potential buyers in a bid to counteract an $11 billion takeover offer from QXO Inc, according to a report from Bloomberg. The Virginia-based firm, which specializes in commercial and residential roofing, siding, windows, and other building materials, has been…
SHANGHAI (Reuters) – Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union’s electric vehicle tariff scheme. The bloc’s latest EV tariffs to protect its auto industry from a flood of cheap Chinese…
BRUSSELS (Reuters) – NATO will step up intelligence sharing and improve the protection of critical infrastructure in the face of “hostile” acts of sabotage against allies by Russia and China, NATO chief Mark Rutte said on Tuesday. “Over the past years, Russia and China have tried to destabilise our nations…