LVMHbacked – ThePakistanInsights.com

LVMH-backed firm hunts for Japan consumer brands with $315m fund

June 5, 2025

Alaska natural gas pipeline project eyes start for Asian customers
TOKYO — A 1,300-kilometer natural gas pipeline project in Alaska connecting the northern and southern regions of the resource rich U.S. state is expected to be up and running in about three years, a top executive told Nikkei Asia. Adam Prestidge, president of Glenfarne Alaska LNG, said in a recent interview that the joint venture…
Morgan Chesky’s mom recounts ‘surreal feeling’ of catastrophic Texas flooding
IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Former counselor speaks on significance of Camp Mystic 05:55 How to stay safe in a flash flood emergency 02:02 Death toll rises to at least 104 in catastrophic Texas flooding 06:53 NBC News’ Morgan Chesky shares his family’s…
British-built Hawk-Eye software goes dark during Wimbledon match
Wimbledon’s new automated line-calling system glitched during a tennis match Sunday, just days after it replaced the tournament’s human line judges for the first time. The system, called Hawk-Eye, uses a network of cameras equipped with computer vision to track tennis balls in real-time. If the ball lands out, a pre-recorded voice loudly says, “Out.”…
Finnish startup raises €25M to put a ‘Donut’ motor in EV wheels
Finnish startup Donut Lab has secured €25mn in seed funding to scale up its in-wheel hub motors for electric land, sea, and air vehicles. Alongside the investment, Donut Lab is opening an R&D hub in Chippenham, UK. Risto Siilasmaa, serial tech investor and former Nokia chairman, has also joined the company’s board. Marko Lehtimaki, Donut…
Asian currencies weaken, stocks muted on Trump’s new tariffs
TOKYO — Asian currencies depreciated against the dollar on Tuesday morning after U.S. President Donald Trump sent letters to the nation’s top allies notifying them of their new tariff rates. The Japanese currency extended losses early in the day after weakening around 1% against the dollar to the 146-yen level in New York trading. The…
Samsung posts earnings shock as profit plunges 56% in Q2
SEOUL — Samsung Electronics posted a shock earnings result for the second quarter, with operating profit plunging 55.9% on the year to 4.6 trillion won ($3.3 billion) as its semiconductor business struggled to supply advanced artificial intelligence chips to key customers. Samsung’s revenue hit 74 trillion won for the April-to-June period, dropping just 0.1% from…
Questions and calls for accountability grow in Texas after deadly floods
IE 11 is not supported. For an optimal experience visit our site on another browser. Death toll rises to at least 104 in catastrophic Texas flooding 06:53 NBC News’ Morgan Chesky shares his family’s story from Kerrville, Texas 02:48 Now Playing Questions and calls for accountability grow in Texas after deadly floods 02:27 UP NEXT…
NBC News’ Morgan Chesky shares his family’s story from Kerrville, Texas
IE 11 is not supported. For an optimal experience visit our site on another browser. Death toll rises to at least 104 in catastrophic Texas flooding 06:53 Now Playing NBC News’ Morgan Chesky shares his family’s story from Kerrville, Texas 02:48 UP NEXT Questions and calls for accountability grow in Texas after deadly floods 02:27…