Gucci Owner Kering Tumbles 12% as Luxury Braces for a Brutal Winter
The French group's sharp slide is the clearest signal yet that high-end spending is cooling, and the sector's biggest players should take note.

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The French group's sharp slide is the clearest signal yet that high-end spending is cooling, and the sector's biggest players should take note.
The CSRC green light lets Citigroup go solo in China's capital markets, just weeks before Xi and Trump meet at APEC.
The marketplace is forcing sellers to prove their items are real, targeting AI-generated listings that buyers say they can't identify.
The marketplace's new AI policy targets automated listings and AI-created content, signaling a broader crackdown on generative AI in e-commerce.
The Oculus and Anduril founder is betting $200 million that 'elite working dogs' with advanced body armor will reshape the battlefield.
The streaming giant is tightening household verification, a move that could convert shared-plan discount users into full-price subscribers.
Halima Salman's defense says her father forced her into Syria as a teen bride; prosecutors say she trained with Daesh. The verdict could reshape how US courts treat coerced affiliates.
A software-only exploit gives researchers userland access to Nintendo's new console, opening the door to mods, backups, and reverse engineering.
Late-stage win sets up regulatory talks and could reshape how cancer is treated - and how biotech investors value mRNA platforms.
Musk's reported stake lands alongside Laurene Powell Jobs as the $111bn Paramount-WBD merger redraws Hollywood.
The deal raises a key question: should companies cover executives' personal tax bills?
Flanagan and King extend the story beyond the prom after a 105-country No. 1 debut.