MILAN/ITALY – Grab Your Wallet, a group that asks shoppers to boycott business with ties to Donald Trump’s family and administration, is adding Louis Vuitton and other LVMH brands to its list. LVMH is facing a boycott threat after the French luxury house invited President Donald Trump to the opening of a new Louis Vuitton … Continue reading BUSINESS | Louis Vuitton Faces Boycott Threat After Trump Visits Factory
LONDON - The owners of London’s Ritz hotel, a haven for royals, statesmen and movie stars, have hinted that they would be open to selling the luxury establishment for $1 billion, a source close to them said on Thursday. Opened in 1906 by Swiss hotelier Cesar Ritz, the high society hotel hosted Charlie Chaplin in … Continue reading BUSINESS | Yours For $1 Billion Only: The Glamor Of The London Ritz
MILAN, ITALY - One of Victoria’s Secret’s key executives is stepping down as the retailer deals with a battering year. April Holt, who is the executive vice president of stores, is leaving the L Brands-owned company after more than 16 years. Becky Kritek-Behringer, a 17-year veteran who is currently Victoria’s Secret SVP of store operations, … Continue reading BUSINESS NEWS | Victoria’s Secret Head Of Stores Is Stepping Down
Dubai, UAR – Growth in the United Arab Emirates’ non-oil private sector slowed to a none-year low in September, amid record now new orders reflecting soft demand, a survey showed on Thursday. The seasonally adjusted HIS Markit UAE Purchasing Managers’ Index (PMI), which covers manufacturing and services, fell slightly to 51.1, from 51.6 in August. … Continue reading BUSINESS NEWS | UAE Private Sector Growth Falls To Nine-Year Low: PMI
LOS ANGELES, CALIFORNIA – Coca-Cola wants Americans to give Coke Energy a shot. The beverage company will start selling four varieties of its energy drink – Coca-Cola Energy, Coca-Cola Energy Zero Sugar, Coca-Cola Energy Cherry and Coca-Cola Energy Cherry Zero Sugar – in the United States in mid-January. Coke Energy and Coke Energy Cherry Zero … Continue reading BUSINESS | Coca-Cola Energy Is Coming To The United States
LOS ANGELES, CALIFORNIA – For the past decade, “likes” had been the chief currency of Facebook. It’s the way we’ve determined how many people think out babies are cute, believe our jokes are funny and recognize our new jobs are impressive. Facebook itself has been so synonymous with likes that the thumbs up icon for … Continue reading SOCIAL MEDIA | Facebook Is Rolling Out A Test To Hide Your Likes
RIYADH, SAUDI ARABIA – Saudi Arabia has restored its oil production capacity to 11.3 million barrels per day, three sources briefed on Saudi Aramco’s operations told Reuters, maintaining a faster than expected recovery after the September 14 attacks on its oil facilities. Crude output from the Khurais field in now at 1.3 million bpd, the … Continue reading BREAKING NEWS | Saudi Aramco Restore Oil Output Earlier Than Expected: Sources
