Prada saw its sales growth decelerate during the third quarter but the Italian luxury group said Tuesday sales for the year were still solidly higher thanks to strong performances in Asia and Europe, its top markets. Luxury groups have recently seen growth slow, in part due to China's weak economy.
Though geothermal represents only a tiny fraction of current US energy production, several businesses and President Joe Biden's administration are betting on technological advances to make it a backbone of the green transition. The use of existing drilling technology makes geothermal both quicker and cheaper to develop.
An uncrewed American lander that became the first private spaceship on the Moon has met its ultimate end after failing to "wake up," the company that built it said. It was also the first lunar touchdown by an American spaceship since the manned Apollo 17 mission in 1972.
Visitors to central Paris were treated Sunday to the sight of hundreds of aproned waiters surging through the mediaeval streets, in a one-of-a-kind race designed to show off the profession months ahead of the Olympic Games. "We want the Olympic Games to give a positive boost to the profession" of restaurants and waitering, he added. tgb/rox
Seated before the tram's control panel, Benedikt Hanne, 24, deftly steered the red and white wagons, hours before heading to Nuremberg university to study for a social work degree. Hanne, whose previous part-time jobs included working at a gas station, said he is unfazed about juggling university courses and work.
After four years of drought, Iraqi farmer Mohammed Sami was about to abandon his father's parched land, but then a water-saving irrigation system revived his crops and his hopes. Crushed by the drought that was turning his 10 donums, or about one hectare, of land into desert, Sami started working in a nearby city as a day labourer several years ago.
Fitch upgraded its credit rating for UK government debt from "negative" to "stable" Friday, citing easing economic policy risks, while reaffirming the country's AA- rating. Fitch said in a statement that economic policy risks had eased in the United Kingdom since it issued its "negative" outlook in October 2022, during the brief premiership of former Conservative prime minister Liz Truss.
Nike scored one of the most surprising victories in their long battle to dominate international football business when they outbid Adidas to become Germany's kit supplier. Germany: the final battle Nike scored their biggest upset this week when they persuaded the DFB to drop German manufacturer Adidas after four World Cup wins and 70 years.
The FBI has written to passengers who were aboard a Boeing aircraft that suffered a midair blowout to tell them they may be victims of a crime, US media reported Friday.
Workers at Inditex's Zara and other big name stores protested outside the company shops across Spain on Friday to demand better benefits after the world's biggest fashion retailer reported record profits and raised shareholder payouts.
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