Business

Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board

Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board

Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher.  The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses.  It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
Business
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Uber Launches Private Helicopter and Free Boat Rides Along Italy’s Amalfi Coast
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Uber Launches Private Helicopter and Free Boat Rides Along Italy’s Amalfi Coast

Say “hello!” to Italy from a personal heli or “buongiorno!” from a private boat. Uber’s latest installment of their “Go Anywhere” program brings Uber Boat and Uber Copter to Italy’s Amalfi Coast this summer. Every Saturday and Sunday from July 26 through Aug. 24, travelers can charter a private boat or helicopter to see the über-popular European destination. Visitors can start reserving their trips on Wednesday, June 25, and can book a minimum of 48 hours ahead of any expedition. For those se
Business NewDope
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DHL Halts High-Value U.S. Deliveries Over Tariffs
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DHL Halts High-Value U.S. Deliveries Over Tariffs

DHL Express is suspending deliveries to the US worth more than $800 (£603) because of a "significant increase" in red tape at customs following the introduction of Donald Trump's new tariff regime. The delivery giant said it will temporarily stop shipments from companies in all countries to American consumers on Monday "until further notice". It added that business-to-business shipments will still go ahead, "though they may also face delays". Previously, packages worth up to $2,500 could ente
Business Delivery services
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China has announced a strategy to enhance the opening of its service sector.
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China has announced a strategy to enhance the opening of its service sector.

On Friday, China unveiled a strategy aimed at further liberalizing its service sector, which includes plans to eliminate restrictions on foreign equity ratios for app store services. This initiative is part of China's efforts to attract increased foreign investment in its rapidly growing services sector, coinciding with government commitments to enhance service consumption as a means of bolstering the economy amidst escalating trade tensions with the United States. The strategy broadens the ra
Business China
Esther Ige

Esther Ige
Investors caught unprepared by big drop in U.S. dollar,  corresponding increase in euro because of Trump tariffs
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Investors caught unprepared by big drop in U.S. dollar,  corresponding increase in euro because of Trump tariffs

In the midst of the recent turmoil in financial markets, a notable development has surprised many investors — the significant decline of the U.S. dollar alongside the appreciation of the euro. The U.S. dollar index has dropped to its lowest point in three years following President Donald Trump's implementation of a sweeping new tariff policy on April 2, experiencing an additional decrease of 0.65% earlier on Monday. Conversely, the euro exhibited volatility on Monday, reducing its gains agains
Business
Esther Ige

Esther Ige
US Stocks Suffer Worst Week Since COVID Crash
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US Stocks Suffer Worst Week Since COVID Crash

Global markets plunged on Friday, as China hit back at tariffs announced by US President Donald Trump, raising the likelihood of an extended trade war and damage to the global economy. All three major stock indexes in the US plunged more than 5%, with the S&P 500 dropping almost 6%, capping the worst week for the US stock market since 2020. In the UK, the FTSE 100 plunged almost 5% - its steepest fall in five years, while Asian markets also dropped and exchanges in Germany and France faced sim
Business China
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Shaken by Trump’s Tariffs, U.S. Allies Brace for Economic and Diplomatic Fallout
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Shaken by Trump’s Tariffs, U.S. Allies Brace for Economic and Diplomatic Fallout

President Trump’s unexpected plan to impose a 25 percent tariff on cars and car parts imported into the United States will not only disrupt supply chains. It will also fuel anger and alienation — and pressure to retaliate — among American allies across the globe. Many of the countries most affected by the new levies, such as South Korea, Japan, Germany, Mexico and Canada, are already reeling from the Trump team’s disregard for free trade deals already signed and his threats to long-established
Business Donald Trump
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SZA Unveils New Makeup Line, ‘Not Beauty’
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SZA Unveils New Makeup Line, ‘Not Beauty’

SZA is expanding her creative empire beyond music and acting—she’s now venturing into the beauty industry. During a recent sitdown with Jennifer Hudson, the TDE singer revealed that she’s launching a new makeup line, “Not Beauty.” Regarding her inspiration, SZA noted that along with constant questions from fans about her lip combinations, it was a “necessity” because she’s constantly singing and is a “certified yapper.” Therefore, when using lip products she needs something long-lasting, which
Business Sza
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