The transformation of an old GMC Suburban into a stunning Cadillac Escalade is a remarkable project showcasing the capabilities of West Coast Customs (WCC), a renowned car modification shop. The owner of the Suburban sought a modern, safe vehicle that also maintained the classic aesthetic of his beloved SUV. WCC, known for its high-profile clientele and exceptional craftsmanship, took on the task of converting the vehicle into a head-turning masterpiece. This undertaking highlights the shop’s expertise in creating unique vehicles that marry both style and functionality, ensuring that the end product is not just visually striking but also practical for…
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By Mimosa Spencer PARIS (Reuters) – Investors in French luxury group LVMH are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy and middle-class Chinese shoppers out of their funk, inspiring them to splash out on $4,300 designer leather handbags ahead of Singles Day, China’s largest annual shopping spree. Global luxury bellwether LVMH, whose portfolio spans Louis Vuitton and Dior fashion and accessories, Tiffany & Co (NYSE:) jewellery and Sephora cosmetics, reports third-quarter revenue on Tuesday. Global sales of personal high-end goods – spanning clothing, accessories and beauty products – this year will be between flat…
The government will host hundreds of international businesses on Monday at its inaugural business summit, in the hope of encouraging investment in the UK that will underpin its growth strategy.The all-day event at London’s Guildhall, topped off by an evening reception at St Paul’s Cathedral hosted by King Charles, will include the prime minister “in conversation” with the former Google chief executive Eric Schmidt, “moderated” by Emma Walmsley, the chief executive of pharmaceutical firm GSK.Keir Starmer and the chancellor, Rachel Reeves, will address the summit, which will be livestreamed on the social networking site LinkedIn.Other panels will involve the chief…
The 2025 Acura MDX emerges as a strong contender in the mid-sized luxury SUV segment, thanks to its spacious interior and advanced technology features. This vehicle offers an appealing mix of luxury and practicality, catering to those who desire a comfortable ride with plenty of room for passengers and cargo. Acura has made notable enhancements to its infotainment system, improving usability and overall user experience. However, while the MDX boasts an abundance of features and space, some drawbacks include a somewhat underwhelming powertrain and less-than-ideal fuel efficiency when compared to competitors. Currently, prospective buyers can benefit from a leasing offer…
Luftgekühlt, which translates to “air-cooled” in German, is a celebration dedicated to the iconic Porsche brand, particularly its classic models that utilize air-cooled engines. This distinctive engineering approach, which lasted until 1998, eschewed water-based cooling methods, relying solely on air and oil to maintain optimal operating temperatures. The name itself not only reflects a key characteristic of these vehicles but also connects with the majority of Porsches from this era, which are primarily rear-engined. Thus, Luftgekühlt embodies the spirit of Porsche, highlighting the uniqueness and history of these cars. The recent Luftgekühlt event attracted thousands of enthusiasts who gathered to…
Image source: Getty Images FTSE 100 heavyweight Imperial Brands (LSE: IMB) is paying a total dividend for full-year 2024 of 153.42p. This is a 4.5% increase on 2023’s payment and gives a yield on its current £22.65 share price of 6.8%. By comparison, the average FTSE 100 yield right now is 3.5% and the FTSE 250’s is 3.3%. That said, consensus analysts’ expectations are for the payout to increase to 161.8p in 2025, 171.1p in 2026, and 182.6p in 2027. These dividends would produce respective yields in those years of 7.1%, 7.6%, and 8.1% based on the present share price.…
A look at the day ahead in European and global markets from Rae Wee Beijing’s latest stimulus pledges were met on Monday with a mixed and volatile response in Chinese stocks, with investors showing no consensus view on promises over the weekend that were long on intent but short on details. Hong Kong … Source link
BANGKOK (AP) — Asian shares gained ground on Monday, with stocks in China rising more than 1% after the finance minister said over the weekend that more stimulus is needed for the slowing economy.U.S. futures were little changed and oil prices retreated.China’s finance minister said Saturday that the government was looking at additional ways to boost the economy, but he didn’t give details of a major new stimulus plan. Stock investors and analysts have been hoping for a plan of up to 2 trillion yuan, or about $280 billion.But any expressions of support tend to push prices higher, and the…
A recent report by the Alliance for Automotive Innovation highlights a significant decline in the market share of internal combustion engine (ICE) vehicles during the first half of 2024, with a decrease of 2.3%. Although ICE vehicles still represent a majority of new car sales, their dominance is waning as consumers increasingly opt for hybrids, plug-in hybrid electric vehicles (PHEVs), and electric vehicles (EVs). The report underscores a broader shift in consumer preferences toward more environmentally friendly and technologically advanced vehicles. The situation regarding vehicle sales has changed dramatically over the past decade. In 2016, ICE vehicles accounted for approximately…
Sphere Entertainment Co. (NYSE:SPHR), previously known as Madison Square Garden Entertainment (NYSE:) Corp., has entered into a forbearance agreement with its lenders, as disclosed in a recent SEC filing. The agreement, dated today, involves MSGN Holdings, L.P., a wholly owned subsidiary of Sphere Entertainment, and pertains to the company’s outstanding term loan. According to the filing, the agreement was reached with JPMorgan Chase (NYSE:) Bank, N.A., acting as the administrative agent, along with certain lenders (Supporting Lenders) under the original credit agreement dated October 11, 2019. The Supporting Lenders have agreed to temporarily suspend exercising their rights related to the…