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Chow Tai Fook Jewellery’s new flagship store, which opened in Hong Kong’s Central neighborhood in September, has a subtle design, as does much of the jewelry sold inside. The name above the door doesn’t sport the Chinese characters for “Chow Tai Fook” shown prominently atop the retailer’s thousands of other outlets. And inside, the store’s … Read more

Robert Way Fidelity marked up the value of its holdings in Elon Musk’s X by 32.37% in October, Axios reported Sunday, possibly boosted by the social media’s stake in xAI. Despite the markup, Fidelity still values the platform formerly known as Twitter at a

By Felix Light TBILISI (Reuters) -Protesters and police skirmished in Georgia’s capital for a fourth straight night on Sunday and there were signs that opposition was spreading across the country to the government’s decision to suspend talks on joining the European Union. The country of 3.7 million people has seen months of rising tension between … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stellantis chief executive Carlos Tavares has resigned following a sharp decline in financial performance at the world’s fourth-largest carmaker. In a statement on Sunday, Stellantis, which owns the Peugeot, Fiat and Jeep brands, said the … Read more

After marking down the value of its investment in Elon Musk’s X repeatedly, Fidelity boosted its estimate last month for the social media platform, sources told Axios. October saw a 32.37% jump in X’s valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022, the report said. While that … Read more

MILAN (Reuters) -Stellantis Chief Executive Carlos Tavares has resigned, the maker of Jeep, Fiat and Puegeot cars said on Sunday, adding it aimed to find a new head in the first half of this year. Previously regarded as one of the most respected executives in the auto industry, Tavares came under strong criticism earlier this … Read more

Flashpop “Moana 2” brought in a record $221M for the Thanksgiving holiday holiday weekend, sailing past expectations and the previous record of $125M five years ago, according to movie studio estimates on Sunday. The animated film, along with already-released blockbusters “Wicked” and “Gladiator II,” brought in $420M

Check out what’s clicking on FoxBusiness.com. An American Airlines flight was forced to turn around midair and return to an airport in Chicago after a “possible maintenance issue,” the airline told Fox News Digital on Sunday. American Airlines flight 1047 was heading from Chicago O’Hare International Airport (ORD) to Las Vegas when the incident happened, … Read more

MILAN (Reuters) – Stellantis (NYSE:) Chief Executive Carlos Tavares has resigned, a source close to the matter said on Sunday. The maker of vehicle brands including Jeep, Fiat (BIT:) and Peugeot (OTC:) will officially announce the resignation later on Sunday, the source added.