Plaintiffs argue that Hermès restricts Birkin bag sales to high-volume buyers, violating antitrust laws.
Sectors
Asian Markets to Gain on Fed Rate Cut Signal; Japan's Yen Remains on the Brink
Asian markets are poised for further gains after US markets' positive reaction to the Federal Reserve's signal that interest rates could be slashed by 75 basis points this year.
DOJ Plans To Sue Apple Over Alleged Antitrust Law Violation
The DOJ is preparing to file suit against Apple on Thursday, alleging that the company violated antitrust laws by preventing competitors from accessing hardware and software features of iPhone.
Cathay Pacific Elevates Inflight Dining Experience With Michelin-Starred Louise’s French Classics
Cathay Pacific is enhancing its inflight dining experience by collaborating with JIA Group's Michelin-starred French restaurant Louise to introduce a fresh perspective on traditional French cuisine.
Gold Prices Soar to New Record Highs — Experts Say Prices Will Continue to Rise With China as Top Buyer
Gold prices surged to a new all-time high on Thursday, and experts predict they will rise further. Gold prices surged to a new all-time high on Thursday, signaling a continued rally driven by some factors, such as increased bullion buying by central banks.
Latest News
Biden admin adjusts EV targets to 35%, balancing industry concerns. EPA's new rules ease the transition, aiming for 50% emissions cut by 2032 amidst environmental and economic considerations
Hindenburg Research accuses Equinix of accounting manipulation and misleading shareholders with an "AI pipe dream," prompting market shock and investor reassessment.
Tesla achieves milestones at Gigafactory Texas, producing 1,000 Cybertrucks worth of 4680 battery cells weekly, marking significant progress in meeting demand.
Scientists are gearing up for mass production of perovskite solar panels, using the material's efficiency in capturing solar energy, despite previous challenges in making them market-ready.
Kering issued an unexpected profit warning due to plummeting Gucci sales in Asia, lowering its stock price by 14%.
UK's inflation rate fell to 3.4% in February, its lowest level since September 2021. UK's inflation rate was lower than expected at 3. 4% year-on-year in February, down from 4% in January and its lowest level since September 2021, official data showed Wednesday.
Donald Trump has sued ABC News and George Stephanopoulos after the host made rape claims against the former president during an interview.
Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.
The new Microsoft-TESDA partnership will enable more than 100,000 women in the Philippines to gain artificial intelligence (AI) and cybersecurity skills.
