Which Luxury Brand Dominates the Luxury Fashion Market in the U.S?
Gucci at the top of the U.S fashion market
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Chinese Coal Power Plants in Pakistan Use Lower-Quality Coal, Charge Higher Rates
Pakistan’s Power Regulatory Body Exposes This Use of Inferior Coal Under CPEC framework, Raising Concerns Over Capacity Payments. Chinese coal-fired power generators operating in Pakistan under the China-Pakistan Economic Corridor (CPEC) framework have been violating their signed agreements with Islamabad. They are using lower-quality imported coal, despite their pledge to import coal with a calorific…
Trade Dialogue: China, US Set Up Channels to Ease Tensions
Trade Dialogue between US Treasury chief Janet Yellen and Chinese Vice-Premier He Lifeng led to the establishment of working groups. Sources say the two sides have resumed talks in several areas and are working on dialogue on arms control and AI China and the United States announced on Friday that they have set up joint…
Adverts coming to Amazon Prime Video next year
Amazon is poised to introduce a new dimension to its Prime Video streaming service with the integration of Amazon Prime Video Ads by 2024. This strategic move is designed to fortify financial support for the creation of compelling original TV shows and films. In A statement, Amazon said Prime Video still offered “very compelling value”….
U.S. dollar scores first ‘golden cross’ since July 2021, signaling more trouble for stocks ahead
Heading into Friday’s settlement, the dollar scores golden cross as the 50-day average on the ICE U.S. Dollar Index a gauge of the buck’s value against a basket of its biggest rivals that’s heavily weighted toward the euro, stands at 103.15, higher than the 200-day moving average, which was 103.11. The index itself finished at…
Indian Rupee strengthens as JPMorgan includes India’s government bonds in emerging market index
In a week marked by financial developments, the Indian rupee closed higher on Friday, settling at 82.93 against the U.S. dollar, a weekly gain of 0.3%. This performance comes on the heels of an announcement by multinational investment bank JPMorgan, revealing its plans to incorporate India’s government bonds into its emerging market index. This process…
Pakistan PM Preparing Response to ‘Enemy’ India ‘Being Strengthened’ by US
Pakistan is preparing to respond to the U.S’ policy of empowering the South Asian nation’s longtime rival India, caretaker Prime Minister Anwar-ul-Haq Kakar told Newsweek Senior Foreign Policy Writer and Deputy Editor of National Security and Foreign Policy Tom O’Connor in an exclusive interview on the sidelines of the United Nations General Assembly. Kakar assumed…
Bodies of two migrants found in river on US border
The bodies of two migrants were recovered from the Rio Grande separating the US and Mexico this week, including a three-year-old child. Migrant arrivals at the US southern border have spiked to near-record numbers in September, putting a strain on local resources. The child is believed to have drowned after being swept away while crossing…
US Wants UN Approval for Kenya-Led Haiti Force Next Week
(Bloomberg) — The Biden administration plans to seek UN Security Council approval as early as next week to deploy a Kenya-led multinational force to Haiti, people familiar with the matter said. The people asked not to be identified because the timing of the US push hasn’t been publicly released. In his address to the United…