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CHINA LUXURY MARKET
Bernard Arnault falls out of top 10 richest people as US tech billionaires dominate global rankingsBernard Arnault has fallen out of the world’s top 10 richest people for the first time since 2017, with his fortune dropping $65 billion th...- Apple’s $2,000-plus foldable iPhone was a decade in the makingApple is on the brink of unveiling its foldable iPhone, a remarkable leap in mobile design that has been in the works for years. Spearheade...
- JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talksJSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...
- Apple's Ternus faces AI test as foldable iPhone takes center stageAnticipation builds as Apple's newly appointed CEO gears up to showcase a cutting-edge folding iPhone and an upgraded Siri assistant. Despi...
- Swiss pharmaceutical heir Frank Binder is selling his 10,700-square-foot Hollywood Hills mansion for $35M. He wants a $2B floating cityFrank Binder bought the Los Angeles estate for $33 million in 2018. Now, eight years later, he is putting the 10,700-square-foot home on th...
- Kharge dismisses Modi's GDP video as 'PR on economy', flags rise in prices, joblessnessCriticising PM Modi's economic claims, Kharge said common people face unemployment, price rise and inequality. He highlighted unemployment ...
- Vietnam’s coffee farmers are betting on durian to strike it rich in ChinaVietnamese farmers are shifting from coffee cultivation to durian farming. This change is driven by immense Chinese demand for the pungent ...
- Launch of 6,000 luxury hotel rooms likely in Delhi NCR by 2030Delhi NCR anticipates significant hotel room additions by 2030. New luxury hotels from Taj, Marriott, and Hyatt are planned. Approximately ...
- Toyota sales, production fall on sharp declines in China, Middle EastToyota's global vehicle sales and production experienced a decline in July. Sales fell by 4.8 percent, while production dropped by 2.1 perc...
- Natural diamond prices have fallen 20-30% from post-pandemic highs: Paul Rowley, De BeersNatural diamond prices have stabilised after a significant correction, with larger stones seeing price increases. De Beers is now focusing ...
- Hyundai goes big on India with 26 new models as it plots 100+ vehicle global offensiveHyundai is gearing up for an extensive expansion, aiming for over one hundred global vehicle launches and enhancements by 2030. In India, t...
- Tilaknagar Industries open to another large deal after Imperial Blue buyout, chairman saysTilaknagar Industries is open to another large deal after its recent acquisition. Consolidation is gathering pace in India's dynamic liquor...
- 'India is a country ripe for innovation across many facets of our business': Marriott International CEOMarriott sees India as a key growth market, planning significant expansion and new hotel openings. The company is adapting its brands and p...
- Diversity of consumers and range of price points make India a terrific laboratory for testing brands & new products: Anthony Capuano, president and CEO, Marriott InternationalMarriott International, the world’s largest hotel chain, is expanding aggressively beyond India’s biggest cities, aiming to nearly double i...
- Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
- Elan group ropes in Marriott International to manage upcoming hotel, branded homes in GurugramIn an exciting development, Elan Group has teamed up with Marriott International to enhance Gurugram's skyline with the upcoming JW Marriot...
- Elan Group signs agreement with Marriott to bring JW Marriott hotel, residences to GurugramElan Group and Marriott International will introduce a JW Marriott Hotel and Residences. Construction and development will be handled by El...
- Bain Capital looks to drive into JBM Auto’s EV business with $300 mn betBain Capital seeks significant minority or joint control in JBM Auto's electric vehicle manufacturing unit. The company, among the largest ...
- Estee Lauder bets on fragrances and skincare to deliver strong annual profitEstee Lauder projects robust annual profits that are set to surpass Wall Street's expectations. The company's growth is heavily fueled by l...
- Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
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