News – Page 59

LVMH Returns to Growth Driven by China Sales Rebound and Luxury Demand

LVMH, the world’s largest luxury group, has unexpectedly returned to growth in the third quarter as Chinese shoppers splurged on premium brands. The rebound comes after an extended pullback in key markets, with sales in China rising 2% last quarter.

In a surprising turnaround for the luxury sector, LVMH has posted a return to growth in the third quarter, driven primarily by renewed consumer spending in China. The world’s largest luxury conglomerate, led by billionaire Bernard Arnault, reported strong performance across its champagne and fragrance divisions, particularly for Moët & Chandon Champagne and Dior perfumes. This positive development comes after an extended period of contraction in key markets, offering hope for the broader luxury industry’s recovery.

Unexpected Q3 Growth Reverses Previous Declines

by Jessica Moore P.E.October 15, 2025

Personal Finance Startups

Coinbase Invests in India’s CoinDCX at $2.45 Billion Valuation – Strategic Expansion Analysis

Global cryptocurrency exchange Coinbase has made a significant strategic investment in Indian crypto platform CoinDCX at a $2.45 billion valuation. This move represents a major expansion into one of the world’s fastest-growing cryptocurrency markets and signals growing institutional confidence in India’s digital asset ecosystem.

Global cryptocurrency leader Coinbase has announced a strategic investment in Indian cryptocurrency exchange CoinDCX at a substantial $2.45 billion valuation, marking one of the most significant moves in the Asian cryptocurrency market this year. This investment represents a calculated expansion strategy by the American cryptocurrency giant into one of the world’s most promising digital asset markets, demonstrating growing institutional confidence in India’s evolving cryptocurrency landscape.

Strategic Investment Details and Market Context

by Erica LangOctober 15, 2025

Business Policy

iPhone assembly equipment could cost Apple billions of tax dollars

Apple’s Indian Tax Dilemma: Billions at Stake in iPhone Assembly Expansion Apple’s Indian manufacturing expansion hits tax roadblock Apple faces…

by Michael TurnerOctober 15, 2025

Assistive Technology Policy

Meta removes Facebook Group for tracking ICE agents after DOJ pressure

Meta Removes Facebook Group Tracking ICE Agents Following DOJ Pressure Meta Takes Action Against Facebook Group Targeting ICE Agents In…

by Michael TurnerOctober 15, 2025

Arts and Entertainment Computing

Oracle Co-CEOs Defend Massive Data-Center Expansion, Plan to Offer AI Ecosystem

Oracle Co-CEOs Champion Data-Center Expansion as Key to AI Profitability Oracle’s newly appointed co-CEOs, Mike Sicilia and Clay Magouyrk, are…

by Michael TurnerOctober 15, 2025

Cybersecurity Policy

Strengthening National Security Through Strategic Investments and Economic Resilience

Recent global conflicts highlight vulnerabilities in U.S. supply chains for critical minerals and manufacturing. Investing in domestic capabilities is essential for maintaining military strength and global stability.

The Urgent Need for National Security Reinvestment

In today’s volatile global landscape, events like the Russian invasion of Ukraine and horrific acts of terrorism underscore that peace cannot be taken for granted. These crises reveal stark weaknesses in how nations secure essential resources, pushing national security to the forefront of policy discussions. For the United States, over-reliance on unstable foreign suppliers for critical minerals, advanced products, and manufacturing poses a direct threat to our sovereignty and defense capabilities. By re-evaluating strategic investments, we can build a more resilient foundation that safeguards our interests and supports global democracy.

by Michael TurnerOctober 15, 2025

Business Software Guides

Microsoft Ends Support for Office 2016 and 2019 Today

Microsoft Ends Support for Office 2016 and 2019: Migration Paths and Security Risks Microsoft Officially Ends Support for Office 2016…

by Erica LangOctober 15, 2025

Business Software Guides

Microsoft Simplifies Windows 10 ESU Enrollment Through Microsoft Store Access

Microsoft has ended Windows 10 support but now enables consumers to purchase Extended Security Updates directly through the Microsoft Store. This $29.99 program delivers critical security updates for another year without requiring immediate upgrade to Windows 11.

With Windows 10 reaching its official end of support on October 14, 2025, Microsoft has implemented a crucial solution for users not yet ready to transition to newer platforms. The company’s Extended Security Updates program, previously available primarily for enterprise customers, has now been made accessible to consumer users through an innovative distribution method that simplifies the enrollment process significantly.