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Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci. French group Kering SA saw $9 billion wiped off its market value… ....
Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit and threatening to halt a slowdown in food inflation that brought some relief to strained consumers. Vessels loaded with foodstuffs are among those avoiding Houthi attacks in the key waterway by sailing around Africa, a… ....
Russia has based its Black Sea fleet in Crimea for 240 years. Now President Vladimir Putin is at risk of losing the flagship naval hub as Ukraine steps up attacks in the occupied peninsula. The assaults have forced Russia to move its ships further from harm’s way, almost a decade… ....
More than a year after President Vladimir Putin summoned 300,000 draftees to fight in Russia’s war in Ukraine, some of their families are starting to demand that they come home. Wives, mothers and girlfriends of mobilized Russian soldiers have begun protests calling on the Kremlin to bring their men back… ....