The founder of LVMH - whose offerings include Louis Vuitton handbags and Christian Dior gowns had seen his wealth balloon for most of 2023 as share prices of European luxury companies surged.
On Tuesday, he gave back some of those gains. LVMH shares fell 5 per cent in Paris - the most in more than a year - amid a broader decline that erased about US$30 billion from the European luxury sector.
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Desmond Lee: Singapore built on colonial legacies to become what it is today
The acceptance and display of the donated statues of Sir Stamford Raffles and Dr Nathaniel Wallich in Fort Canning Park recognise the colonial legacies that the country has been able to \"build (upon), adapt and transform to bring Singapore to what it is today\", said Minister for National Development Desmond Lee on July 2.
STAY SHARP, URGES KOEMAN
Coach hails Dutch performance in 3-0 win, demands more of the same to reach final
HANDLING 'AMPLIFIED' PRESSURE
Bronny vows to get through criticism, be a success following surrealâ Lakers move
FWD-Income deal may see higher premiums on motor insurance
With one fewer digital player in underwriting, only 3 platforms offer relatively cheaper products
Aussie firm on hunt for climate-focused start-ups in region
Venture capital firm Investible driving move via 203m fund to be run out of Singapore
STI rises 1.4% as banks extend gains to hit new highs
Gainers outnumber losers 353 to 232 on wider market | Sats tops STI; Mapletree Logistics Trust at bottom | Key regional indexes close mostly higher
Expect quick, thundery showers on most days in first half of July
Quick, thundery showers are expected in the late morning and afternoon on most days in the first half of July an effect of the prevailing south-west monsoon.
NYP students take a leaf from ST environment journalist's book
What would you do if you were the Minister for Sustainability and the Environment?
Service disruption on NSL first to be caused by lightning strike in 5 years
Past strikes may have sped up deterioration of surge arrestor that failed to work: Minister
China is 'helping develop attack drones for Russia'
Claim by European officials raises worry Beijing may provide lethal aid to Kremlin
