Category : Search result: global luxury market


US Wins Exemption from OECD Global Minimum Tax Rules

The US has secured a sweeping exemption from the OECD's global minimum tax deal for its domestic companies, a move that could reshape the international tax landscape. Discover the implications for UK businesses and global finance.

Six Risks Behind 41.7% of Global Cancer Deaths

A major new study finds nearly half of global cancer deaths are linked to six modifiable risk factors. Experts warn of a looming crisis, especially in low-income nations. Action is needed now.

Developer's $50m Boston Penthouse Fails to Sell

Developer Jon Cronin is ordered to sell his $49.5m Boston penthouse amid a bitter divorce, but a flatlining luxury market leaves it and dozens of other units unsold. Discover why Boston's high-end property boom has stalled.

Saks may file for bankruptcy despite billions raised

Luxury retail giant Saks Global Enterprises, owner of Saks Fifth Avenue and Neiman Marcus, is reportedly considering Chapter 11 bankruptcy as a $100m payment deadline looms. Discover the details of the high-stakes financial crisis.

Apple Surpasses Samsung in Global Phone Shipments

Apple will ship 243 million phones in 2025, capturing 19.4% market share and ending Samsung's 14-year dominance. Strong iPhone 17 sales and emerging market growth drive this historic shift.

Luxury sales fall as shoppers reject price hikes

Global personal luxury goods sales are forecast to drop 2% in 2025, marking the first two-year decline since the financial crisis. Discover why affluent shoppers are turning away from premium brands.

WHO job cuts after US withdraws funding

The World Health Organisation announces significant staff reductions and programme cuts following US funding withdrawal. Learn how this impacts global health security.

Markets in fourth day of losses amid AI, rate fears

Global markets extend losses for a fourth day. Asia-Pacific stocks hit one-month low, US and European markets fall. Investors fret over AI monetisation and US interest rates. Read the full analysis.

UK Cuts Global Health Fund Aid by 40%

Britain's decision to cut £120m from Global Fund to Fight AIDS, Tuberculosis and Malaria sparks outrage among health experts and charities. Critics warn this undermines UK's global health leadership.

Trump's Return Rattles Amazon Shares and Asian Markets

Former President Donald Trump's potential political comeback sends shockwaves through global markets, with Amazon shares and Asian markets showing early signs of volatility as investors weigh the implications for US-China relations.

Trump-Xi Trade Deal Fuels Oil Surge & Market Rally

Global markets surge as Trump and Xi announce landmark trade agreement, sending oil prices skyrocketing while Shell posts staggering £7.4 billion quarterly profit amid energy sector boom.

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