Category: Top Stories

Indian tankers turn back amid Iran’s mixed Hormuz signals; gunfire hits other ships | India News

NEW DELHI: Mixed signals from the Iranian regime on Saturday forced Indian crude tankers to abruptly turn back, as uncertainty deepened around the vital energy chokepoint amid inconclusive US–Iran negotiations, Bloomberg reported.Confusion emanating from Tehran has left shipowners wary about the safety and status of passage through the Strait of Hormuz. Alongside Indian vessels, several […]

Dior to Louis Vuitton: Empty boutiques, unsold bags – why rich are suddenly not shopping luxury!

Global luxury sales faced a stark reality check as LVMH reported a mere 1% growth, significantly impacted by Middle East conflicts. Dubai’s luxury malls saw sales plummet 50%. Europe’s sales contracted 3% due to fewer Gulf tourists, while the US remained a bright spot. Fashion sales declined, but watches and jewelry showed resilience. Everyone expected […]

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