South Korea Launches $34 Billion Fund for Strategic Industries In an ambitious leap to bolster key industries amid global competition, South Korea has recently unveiled a $34 billion fund aimed at supporting strategic sectors and driving innovation across the nation. This significant investment signals a strong commitment to enhancing the country’s competitiveness on the global […]
Pollution in Europe: EU reports highlight progress and challenges towards 2030 targets
Pollution in Europe: EU Reports Show Progress and Challenges towards 2030 Targets Recent reports from the European Union shed light on the advancements made in tackling pollution across the continent. While there has been significant progress in reducing pollution levels, especially in areas such as air and water quality, the findings also underscore the persistent […]
Tariffs on Canada, Mexico to Start Tuesday, Trump Says
Tariffs on Canada, Mexico to Start Tuesday, Trump Says US President Donald Trump’s recent announcement regarding the 25 percent tariffs on Mexico and Canada has sent shockwaves through the global economy. Despite mounting pressure and pleas for reconsideration, Trump made it clear that there is no turning back on this decision, causing widespread concern among […]
Versace Owner Capri Jumps on Prada Moving Closer to Purchase
Versace Owner Capri Jumps on Prada Moving Closer to Purchase Capri Holdings Ltd., the renowned luxury fashion company, is making waves in the industry once again. Recent reports have surfaced indicating that Capri is on the brink of finalizing a deal to sell its iconic Italian brand, Versace, to none other than Prada. This potential […]
Meta to test paid AI chatbot service
Meta to Test Paid AI Chatbot Service Meta, formerly known as Facebook, is gearing up to test a new paid AI chatbot service in the second quarter of this year. This move comes as part of the company’s strategy to bolster its AI presence in the ever-growing digital landscape. By introducing a paid AI chatbot […]
Backstage Pass | Diesel
Behind the Scenes: Imran Amed Takes us Backstage at Diesel Autumn/Winter 2025 Show Imran Amed, the renowned fashion journalist and founder of The Business of Fashion, recently gave us an exclusive glimpse behind the curtains at the Diesel Autumn/Winter 2025 show. As Amed delved into the inner workings of the fashion industry powerhouse, we were […]
US Consumer Spending Falls in January; Monthly Inflation Rises
US Consumer Spending Falls in January; Monthly Inflation Rises The latest economic indicators in the United States have painted a mixed picture, with consumer spending taking a hit in January while monthly inflation showed a concerning uptick. These trends could have significant implications for the Federal Reserve’s monetary policy decisions in the coming months. Consumer […]
Is There Room on the Oscars Red Carpet for Emerging Designers?
Is There Room on the Oscars Red Carpet for Emerging Designers? The Oscars red carpet is not just a runway for Hollywood’s elite; it’s also a showcase of the latest fashion trends and a battleground for designers vying for the spotlight. For emerging designers, securing a spot on the coveted red carpet can be a […]
Trump Says Canada, Mexico Tariffs to Take Effect, Adds New China Duty
Trump Says Canada, Mexico Tariffs to Take Effect, Adds New China Duty President Trump has made a significant decision regarding tariffs on Canada, Mexico, and China, marking a new chapter in the ongoing trade disputes between these countries. The president had previously paused the sweeping duties on Canada and Mexico on Feb. 3 for one […]
Mexico Analysing More Measures to Crack Down on Low-Cost Shipments, Official Says
Mexico Considers Further Trade Measures to Combat Low-Cost Shipments from China Mexico is taking a proactive stance against low-cost imports, especially those originating from China. The country recently implemented tariffs on “de minimis” purchases, aimed at curbing contraband activities and preventing tax evasion. However, officials are now looking into additional measures to strengthen their efforts […]