https://www.scmp.com/rss/330375/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com LVMH SE posted record annual sales as well-heeled customers snapped up items ranging from Christian Dior couture to Hennessy cognac, cementing the group’s rebound from the depths of the pandemic. Revenue last year totalled US$71.6 billion, the Paris-based company said, topping the previous record set in 2019, before Covid-19 lockdowns closed stores and kept shoppers stuck at home. Analysts had expected revenue of US$69.2 billion. The performance of the luxury giant, led by billionaire Bernard... https://www.scmp.com/magazines/style/luxury/article/3165841/how-lvmh-bounced-back-record-profits-2021-buying-tiffany-co?utm_source=rss_feed https://www.scmp.com/magazines/style/luxury/article/3165841/how-lvmh-bounced-back-record-profits-2021-buying-tiffany-co?utm_source=rss_feed Sun, 06 Feb 2022 22:00:18 +0000 Bloomberg Bloomberg Bitcoin plunged along with other cryptocurrencies on Saturday, in another indication of the risk aversion sweeping across financial markets. The largest digital token fell to as low as US$42,296 before paring some of the tumble. It was trading at about US$47,600 as of 1:50pm in Singapore on Saturday, a drop of about 11 per cent. Ether, the second-largest token, fell by as much as 17.4 per cent before trimming the retreat to about 10 per cent. The overall cryptocurrency sector has shed around a... https://www.scmp.com/business/banking-finance/article/3158467/bitcoin-and-other-tokens-plunge-worldwide-capital-market?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3158467/bitcoin-and-other-tokens-plunge-worldwide-capital-market?utm_source=rss_feed Sat, 04 Dec 2021 08:01:44 +0000 Every year, hundreds of people go to the mountains of this town in Yunnan to pick mushrooms and sell them on the international market. Yunnan province has 90 percent of all the mushroom species in China. We went to a wild mushroom town, foraged in the mountains, and talked to the locals about poisonous shrooms. This is our first mini documentary and newest episode of our ongoing series, WILD. https://www.scmp.com/videos/tiny-chinese-town-major-player-worlds-mushroom-scene/article/3000151?utm_source=rss_feed https://www.scmp.com/videos/tiny-chinese-town-major-player-worlds-mushroom-scene/article/3000151?utm_source=rss_feed Tue, 02 Oct 2018 03:03:32 +0000