International

As President-elect Donald Trump renews his calls for high tariffs on imports from China, Canada and Mexico, the global auto industry braces for potential supply chain disruptions and rising costs. However, Ferrari, the iconic Italian luxury automaker, appears uniquely positioned to weather the storm, even as other manufacturers face growing challenges. Trump's proposed measures include a 10% tariff on all goods entering the United States from China and a 25% tariff on imports from Canada and Mexico, triggering concerns across industries that rely heavily on global trade. While European automakers have yet to be directly targeted, analysts suggest it may…

Mexican President Claudia Sheinbaum has expressed willingness to engage in dialogue with US President-elect Donald Trump, but has made it clear that any unilateral trade measures imposed by his administration will be met with reciprocal action by Mexico. In a letter he plans to send to Trump, Sheinbaum stressed the need for cooperation and mutual understanding, cautioning against addressing complex issues such as migration and drug trafficking through threats or punitive tariffs. “It is not through threats or unilateral measures that we can address immigration or the problem of drug use in the United States,” Sheinbaum said in his letter.…

Eric Yuan, founder and CEO of Zoom Communications Inc., spoke about the company's ongoing transformation at the annual Concordia Summit held in New York on September 25, 2024. The video conferencing giant, formerly known as Zoom Video Communications, reported solid financial results for its fiscal third quarter, but its shares fell 4% in extended trading on Monday amid mixed investor sentiment regarding its future guidance. Zoom posted results that beat Wall Street's expectations, showing steady growth in an evolving market for its services. According to LSEG financials, the company outperformed analysts' projections in both earnings per share and revenue. Adjusted…

JYP Entertainment, the powerhouse behind K-pop sensations like TWICE and Stray Kids, has been on a remarkable upward trajectory. On Friday, November 22, its shares closed at 66,100 won ($47.06), reflecting an 11.3% increase for the week and reaching the highest closing level since May 10. The surge appears to have been fueled by the announcement on Monday 18 November. of Stray Kids' upcoming 2025 stadium tour. This highly anticipated tour, which will hit North America, Latin America and Europe, has created considerable interest in the industry. However, JYP's stock rally has been gaining momentum for weeks, with the company's…

The Arnault family, renowned for owning the luxury conglomerate LVMH and for its position among the world's richest families, is seeking to consolidate majority ownership of Paris FC, a modest soccer club in France's second division. However, any aspiration for significant sporting achievements is expected as part of a long-term gradual plan. Antoine Arnault, son of Bernard Arnault, CEO and president of LVMH, shared that the family's investment in Paris FC is driven by passion rather than profit. Speaking to CNBC, he noted that the aim is to emulate the kind of success energy drink giant Red Bull has achieved…

Florida Atlantic University (FAU) football has seen significant growth over the past decade, first gaining national attention under Lane Kiffin and continuing to carve out its niche under Willie Taggart and Tom Herman. Now, with Herman's departure, the Owls are embarking on what's shaping up to be one of the hottest coaching searches in college football this year. Adding an unexpected twist to the process, Miami legend Ray Lewis has reportedly expressed a strong desire to take the helm of FAU. According to a source familiar with Lewis' intentions, the Pro Football Hall of Famer is preparing to present a…