Author: i2wtc
For a long time, Abercrombie & Fitch had what was called a reputation. The employees were hot, the stores smelled of cologne, and if you weren’t rich and skinny, this store wasn’t for you. And if it’s any consolation, this company wasn’t for Wall Street either. Its stock price has been languishing for the last decade or so. But that’s changing. While you were sleeping, Abercrombie was doing great again.Abercrombie has made a remarkable comeback in a time when trends are changing faster than ever and many brands are struggling to survive. Business intelligence firm Morning Consult found that Abercrombie’s…
Pakistan’s Finance Minister Muhammad Aurangzeb released the country’s Economic Survey for 2023-24, detailing socio-economic achievements during the previous fiscal year. According to the Economic Survey, Pakistan will miss its growth targets for 2023-24, with GDP growth at just 2.38% against a target of 3.5%. This is mainly due to the poor performance of the industry and services sectors, while agriculture outperformed all other sectors, registering a growth of 6.25%. A vegetable seller waits for customers at a market in Islamabad. (AFP) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “Strong growth in the agriculture sector, the highest in the last 19 years, has emerged…
The European Commission’s investigation into anti-subsidies for Chinese-made electric cars is said to be one of the most significant of its kind. advertisementChinese-made battery electric vehicles (BEVs) will soon be subject to import tariffs when they enter the European Union’s borderless market, where demand for such environmentally friendly products has surged in recent years.European Commission Announced The first brand-specific provisional decisions under the anti-subsidy investigation into China-assembled BEVs were handed down on Wednesday.BYD: 17.4%Geely: 20%SAIC: 38.1%Other Chinese BEV manufacturers who participated in the survey but were not individually sampled: 21%Other Chinese BEV manufacturers that did not cooperate: 38.1%This level is…
Dozens of rockets were fired from Lebanon into northern Israel on Wednesday morning, hours after an Israeli airstrike killed four senior members of the militant group Hezbollah, including a senior military commander.The Israeli military said it detected around 90 projectiles, several of which were intercepted, and that the attacks caused several fires.Taleb Sami Abdullah, 55, known within Hezbollah as Hajj Abu Taleb, was the most senior commander killed since fighting began eight months ago. His death comes amid rising tensions along the Lebanese-Israeli border, as Hezbollah intensifies attacks on northern Israel and Israeli airstrikes hit deep into Lebanon.On Tuesday, Hamas…
Yuvraj Singh (left) and Shahid Afridi© X (formerly Twitter) Yuvraj Singh and Shahid Afridi, ambassadors for the ongoing T20 World Cup 2024, shared a conversation during India’s win over Pakistan on Sunday, and the video has gone viral on social media. In the video, the former Indian all-rounder and former Pakistan cricket team captain are seen engaged in a hilarious exchange, and fans can’t contain their excitement over the exchange. Afridi seemed upset that Pakistan failed to win the match despite beating India by a mere 119 runs. He even said that Yuvraj predicted a Pakistan victory when…
Shares in China Evergrande New Energy Vehicle Group (NEV) fell their biggest drop in nearly nine months after the Chinese government ordered units of the group to return state subsidies, deepening financial difficulties for the world’s most indebted developer.On the Hong Kong stock market, Evergrande NEV’s shares fell as much as 26.7% at one point, closing at HK$0.34, down 20.9%, the lowest price in almost a month.The Guangzhou-based automaker has been ordered to return 1.9 billion yuan (US$261.9 million) it received in subsidies from various local authorities after failing to meet contractual obligations, according to an overnight statement filed with…
The Green Party is due to launch its manifesto in Brighton shortly.It is here that Caroline Lucas serves as the party’s only Westminster MP.our Political reporter Gurpreet Narwan Ahead of the announcement at around 11am, he said the soon-to-be published policy document was being “touted as a big plan to invest in a ‘broken Britain'”.The government will use “tax reform” to fund public services, targeting the wealthiest in society.”The main focus is a new tax on billionaires and multimillionaires, starting at 1% for those with assets over £10m,” Gurpreet said.”The government also wants to bring wealth and income taxes into…
Our soccer betting experts provide predictions and betting tips for the USA vs Brazil match ahead of the international friendly on Wednesday, June 12, 2024.The United States and Brazil will face off for the first time since September 2018 as both teams complete their preparations for the Copa America 2024.USA vs Brazil Predictions and Betting Tipsbet365: Brazil to win both halves (+300)bet365 has the odds of Brazil winning and both teams scoring at +200Endrick scores last (bet365 +400)All odds are Bet365 They are accurate at the time of publication but are subject to change.Brazil wins easilyNeither team is in top…
Chen Chen, a veteran of Nio’s global business, will head the new Tier 1 division and will personally oversee the Middle East business. (NIO EC6 displayed at the Shanghai New Energy Auto Show in June 2024. Image courtesy of CnEVPost) Nio (NYSE: NIO) is reportedly overhauling its global operations, creating eight new divisions and appointing an international veteran to head its Middle East operations. The Chinese electric vehicle (EV) maker recently made the latest organizational changes and personnel changes for its international operations, establishing a new first-tier department called “Global Business Development” (GB) that will be responsible for business development…
INDIANAPOLIS (WISH) — Well above normal weather is expected over the next few days. this morning: A dry and comfortable morning was experienced across the region this morning, with many waking up to sunny skies and temperatures rising into the mid-50s F. Fog was seen along the Ohio River and light clouds were visible across the northern part of the state. Wednesday: The warming trend will continue today with mostly sunny skies and above average temperatures. Humidity will remain low and winds will be relatively light. Highs will rise into the mid 80s F this afternoon. Wednesday night: Overnight skies…