The Paris home of an heir of the Louis Vuitton luxury empire was burgled at the weekend, sources close to the case said Monday, with thieves taking high-end watches, jewelry and bags.. Last week, fake Louis Vuitton bags were among nearly one million euros' worth of knock-offs police found in a raid on a clandestine outlet near Paris.
On a street in Wusterhausen, around an hour's drive north of Berlin, a man paces intently, holding his mobile phone in front of him.. Issues with phone signal are a source of constant frustration for the residents of Wusterhausen, which sits in one of Germany's many blackspots, out of reach of any mobile network.
Sitting in the dark, wearing a traditional Indonesian batik shirt and surrounded by candles, Elon Musk offered a vision for the future that includes aliens, deep tunnels and rocket tourism.. I'm sitting here in the dark surrounded by candles," he said.
Cathay Pacific said Monday it does not expect to return to pre-pandemic levels of travel until the end of 2024, highlighting how long the Hong Kong airline's return to normality could take.. Cathay said it hoped to be operating at around 70 percent "by the end of 2023 with an aim to return to pre-pandemic levels by the end of 2024".
Chinese authorities have unveiled sweeping measures to rescue struggling property sector, as regulators seek to offset years of harsh pandemic curbs and a real estate crackdown that have stalled the world's number-two economy.. New home prices have been dropping for more than a year, while demand is struggling to pick up owing to ongoing strict pandemic controls that have dampened consumer confidence. lxc/je/dan
Wealthy Western nations facing an energy crunch are eyeing natural gas in Africa at the expense of supporting green transition in poorer countries, climate activists at COP27 charge.. Exporting natural gas may bring short-term profits but exacerbate the climate crisis and leave African nations worse off in the long run, activists, researchers and advocacy groups said.
Asian markets mostly rose Monday, extending a global surge, as a loosening of China's Covid rules and plans to help its property sector followed a drop in US inflation that eased rate hike fears.. Authorities have also reportedly unveiled a 16-point plan to support the beleaguered property sector, a major component of the country's sprawling economy The industry has come under immense pressure since China imposed a number of restrictions in 2020 aimed at reeling in debt, with major developers teetering on the brink of collapse.
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The new CEO of troubled cryptocurrency platform FTX said Saturday the company was making "every effort to secure all assets" following unauthorized transactions potentially worth hundreds of thousands of dollars.. FTX US and FTX.com "continue to make every effort to secure all assets, wherever located," Ray, who specializes in corporate turnarounds, said in the statement.
As a changing climate intensifies extreme weather, agricultural multinationals are hyping the ability of genetically modified crops to boost yields when facing drought, heat or even heavy rainfall.. "It's a strategy to mitigate climate change," said Smith. jum-jmb/caw/bbk
