French luxury group Kering warned Tuesday that Gucci sales look set to fall 20% in the first quarter as declining Asia sales continue to weigh on the fashion brand.
CEO Adrian Hallmark said the carmaker remains committed to carbon neutrality and exclusively offering EVs, but it now plans to offer plug-in hybrids past 2030.
Polish President Andrzej Duda said Monday that NATO must urgently ramp up its defense spending to ensure it does not become the next target of Russian aggression.
Modular construction promises a faster, more sustainable solution to housing crises but it still sees wider adoption in some countries more than others.
Calls for a wealth tax on the world's super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new "billionaire tax."
A charity ship full of food and supplies is expected to arrive in Gaza on Friday, amid warnings that thousands in the enclave are on the brink of famine.
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