Bentley First – Half Profit More Than Doubles, Boosted By Customised Cars

PARIS, France – Luxury British carmaker Bentley’s first – half operating profit more than double, boosted by increased customisation of cars as sales rose significantly in Europe and Britain despite ongoing global economic uncertainty. The unit of German carmaker Volkswagen on Friday posted an operating profit for first six months of 2022 of 398 million … More Bentley First – Half Profit More Than Doubles, Boosted By Customised Cars

Hermes Bounces Back In China As Margin Hits Record High

PARIS, France – Sales at Birkin bag maker Hermes rose sharply in the second quarter, lifted by fast growth in Europe and the United States, and rebounding quicker than rivals in China after lockdowns eased in June. Luxury retailers were hit hard by curbs on movement from mid – March in key Chinese cities such … More Hermes Bounces Back In China As Margin Hits Record High

Luxury Shoemaker Manolo Blahnik Wins 22 – Year Trademark Battle In China

PARIS, France – Manolo Blahnik, the shoe brand made famous by its celebrity fans and regular appearances in TV drama ‘Sex and the City’, said on Tuesday it has won a legal battle in China to use its own name, paving the way for the brand’s expansion across the country. The company, named after its … More Luxury Shoemaker Manolo Blahnik Wins 22 – Year Trademark Battle In China

U.S. State Department OKs Potential Sale Of C-17 Aircraft Support To UAE – Pentagon

WASHINGTON – The U.S. State Department has approved the potential sale of C-17 aircraft sustainment and related equipment to the United Arab Emirates for an estimated cost of $980.4 million, the Pentagon said on Tuesday. Despite approval by the State Department, the notification does not indicate that a contract has been signed or that negotiations … More U.S. State Department OKs Potential Sale Of C-17 Aircraft Support To UAE – Pentagon

Prince Harry Celebrates Mandela, Urges Climate Action At U.N.

PARIS, France – Britain’s Prince Harry spoke on Monday at the United Nations about seeking insight from the late Nelson Mandela during a time of global uncertainty and urged countries to take action on climate change. Accompanied by his wife Meghan, Duchess of Sussex, the couple held hands as they walked into U.N. headquarters in … More Prince Harry Celebrates Mandela, Urges Climate Action At U.N.

SAS And Pilots To Resume Negotiations On Monday After 14 Days Of Strike

PARIS, France – Ailing Scandinavian airline SAS and striking pilor unions will resume negotiations on Monday, public broadcaster NRK said, after failing to reach new collective agreements over the weekend. Most SAS pilots in Sweden, Denmark and Norway walked out on July 4 after talks over conditions related to the carrier’s rescue plan collapsed. The … More SAS And Pilots To Resume Negotiations On Monday After 14 Days Of Strike

EU Formally Accepts Croatia As 20th Euro Zone Member

BRUSSELS – European Union finance ministers on Tuesday formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023. The European Council, the grouping of 27 EU governments, adopted three legal acts required to allow Croatia – an EU member since 2013 – to introduce the euro on Jan.1. … More EU Formally Accepts Croatia As 20th Euro Zone Member

Saudi Arabia To Invest $3.4 Bln In Vaccine,Biomedical Drugs Sector

PARIS, France – Saudi Arabia’s industry and Mineral Resources said on Friday the country would invest $3.4 billion in the vaccine and biomedical drugs sector, according to state news agency SPA. The Minister Bandar Alkhorayef, who heads the newly – established vaccines and biopharmaceutical industry committee, said the move is part of the kingdom’s push … More Saudi Arabia To Invest $3.4 Bln In Vaccine,Biomedical Drugs Sector