Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic rebound helped quarterly sales at Cartier owner Richemont rise by nearly a third, the world’s second-largest luxury group said on Wednesday. Sales at Richemont rose to 5.658 billion euros ($6.41 billion) in the company’s thirdContinue Reading
Swiss chocolate maker Lindt & Spruengli (LISN.S), said on Tuesday it expects demand for its upmarket chocolates to grow this year after the pandemic saw consumers increasingly splurge on sweet treats, boosting 2021 sales by 13.3%. Global chocolate markets recovered last year and the maker of Lindor chocolate balls, which keptContinue Reading
Prada called on Hollywood heavyweights Jeff Goldblum and Kyle MacLachlan to bookend its catwalk on Sunday afternoon, bringing a close to a quiet menswear fashion week that saw multiple brands cancel their shows in light of increasing Covid cases across Europe. The appearance of the actors at the Fondazione Prada punctuated the second physicalContinue Reading
The Information Commissioners’ Office (ICO) is to talk to Meta about how its virtual reality (VR) business Oculus complies with the regulator’s “children’s code”. The code aims to ensure that online services likely to be accessed by children are appropriate for their use. A campaign group recently found evidence ofContinue Reading
People are spending an average of 4.8 hours a day on their mobile phones, according to app monitoring firm App Annie. In 2020, UK regulator Ofcom found similar amounts of time spent, although its research included watching TV. App Annie’s report indicates that apps were downloaded 230 billion times in 2021, whileContinue Reading
The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, June 22, 2020. REUTERS/Arnd Wiegmann/File Photo DUBAI, Oct 21 (Reuters) – UBS (UBSG.S) will establish a new wealth desk in Dubai that will add coverage of Oman and Kuwait markets, and a dedicated sales team to captureContinue Reading
Streets have been eerily quiet in recent months as coronavirus lockdowns imposed by governments around the world hit the pause button on normal life. Streets have been eerily quiet in recent months as coronavirus lockdowns imposed by governments around the world hit the pause button on normal life. And whileContinue Reading
Poland’s incumbent President Andrzej Duda has narrowly beaten challenger Rafal Trzaskowski in Sunday’s presidential vote. The National Electoral Commission said Mr Duda had won 51.2% of the votes. It is Poland’s slimmest presidential election victory since the end of communism in 1989. One of the major issues of the electionContinue Reading
France’s Macron picks new prime minister to reinvent presidency French Prime Minister Edouard Philippe has tendered his resignation after heading President Emmanuel Macron’s government for three years. The president swiftly named centre-right mayor Jean Castex to lead a new team of ministers after a reshuffle. Although Mr Philippe was consideredContinue Reading
Honeywell claims it has built the most powerful quantum computer ever. Honeywell, a company best known for making control systems for homes, businesses and planes, claims to have built the most powerful quantum computer ever. Other researchers are sceptical about its power, but for the company, it is a stepContinue Reading