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End of an era: LVMH confirms massive sale of Marc Jacobs brand
NEW YORK, May 15 — French luxury giant LVMH will sell its Marc Jacobs brand to US brand firm WHP Global, the two companies said Thursday. Marc Jacobs, acquired by LVMH in 1997, will keep the namesake American designer as
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Elon Musk’s complicated love affair with China enters a new chapter
BEIJING, May 15 — In China, Elon Musk has been the object of love — and occasional loathing. The Tesla boss has been both lauded as a visionary and criticised by Chinese regulators and the public for the alleged bungling of customer complaints.
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Trump, Xi meet again in Beijing under cloud of Taiwan warning
BEIJING, May 15 — US President Donald Trump and Chinese President Xi Jinping are set to meet on Friday to wrap up a two-day state visit that has featured pomp and business deals but also a stark warning from Xi
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Cost cuts help Burberry swing back into black in latest financial year
LONDON, May 14 — British luxury fashion label Burberry said Thursday it returned to profit last year thanks to a sizeable cost-cutting plan launched at the end of 2024. Net profit stood at £21 million (US$28 million; RM111.46 million) in
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Taiwan’s Foxconn posts stronger Q1 earnings on surging Nvidia-linked AI server business
TAIPEI, May 14 — Taiwanese tech hardware giant Foxconn on Thursday announced a 19-percent jump in quarterly net profit as the booming market for artificial intelligence servers drives growth, despite geopolitical uncertainty. Foxconn, whose official name is Hon Hai Precision
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Australia flies in six hantavirus-exposed cruise passengers in full protective gear for quarantine
SYDNEY, May 14 — Six passengers who sailed on a hantavirus-affected cruise will fly to Australia from the Netherlands on Thursday while dressed in full protective gear, the Australian government said. The six — four Australians, a Briton who lives
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India imposes immediate sugar export ban amid concerns over tighter domestic stocks
NEW DELHI, May 14 — India, one of the world’s largest sugar producers, has banned exports of the key commodity until the end of September to ensure enough domestic supplies and prevent prices from rising. The government prohibited exports “with
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KL Tower set to glow blue on May 18 for International Museum Day
PUTRAJAYA, May 14 — The Kuala Lumpur Tower (Menara KL) will be illuminated in blue on May 18 in conjunction with International Museum Day 2026, which is observed worldwide. The Ministry of National Unity (KPN), in a statement today, said
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Malaysia weighs legal action after Norway blocks missile export for LCS programme
KUALA LUMPUR, May 14 — The Defence Ministry is considering legal action after Norway moved to block the export of Naval Strike Missiles (NSM) for Malaysia’s littoral combat ship (LCS) programme. According to Malaysiakini, Defence Minister Datuk Seri Mohamed Khaled Nordin
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Indian pharma firms linked to export of powerful opioids fuelling West Africa drug crisis
NEW DELHI, May 14 — Indian pharmaceutical firms are exporting millions of dollars’ worth of powerful opioids to west Africa despite a promised crackdown, an AFP investigation found Thursday, with officials saying they are driving a deadly drugs epidemic across
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