Hong Kong strengthened its position as a leading global wealth management hub after investors committed major capital to the city last year, lifting assets under management to HK$35.14 trillion (US$4.5 trillion), just shy of an all-time high, before stocks and other instruments delivered hefty gains. Assets under management in the city grew almost HK$4 trillion…
Global sales of electric and plug-in hybrid vehicles surged 24 per cent in June from a year earlier, driven by strong demand in China and Europe, while the US fell behind, according to the market research firm Rho Motion. A total of 1.8 million battery-powered electric vehicles (BEVs) and plug-in hybrids were sold last month,…
EU foreign policy chief Kaja Kallas said the 27-member bloc was leaving the door open to action against Israel over its assault on the besieged and bombarded Gaza Strip if the humanitarian situation does not improve. Kallas put forward 10 potential options on Tuesday after Israel was found to have breached a cooperation deal between…
Home » LUXURY TRAVEL » United States, Mexico, France, Italy, Spain, United Kingdom, and Germany Lead the Surge in Global Luxury Travel Market, Expected to Reach Two Trillion Dollars by 2035 Tuesday, July 15, 2025 The luxury travel market is experiencing an unprecedented surge, with the industry set to surpass a valuation of…
Reports that a senior Pentagon official has been telling America’s European allies to stay away from the Indo-Pacific may be a sign that Washington will ask its Asian allies to shoulder more responsibility for countering China, according to some analysts. The report cited sources who interpreted the Pentagon’s No 3 as “basically saying ‘You have…
Home » Belgium Travel News » Spain Joins Belgium, Croatia, Iceland, Greece, and the United Kingdom in WTTC’s Six-Step Plan to Tackle Overcrowding and Sustainable Tourism Management in Popular Destinations Monday, July 14, 2025 Tourism is a powerful economic driver, but its rapid growth has resulted in significant challenges for destinations worldwide. In cities like…
Major indices suffer heavy losses as EU ministers prepare to discuss response to US president’s latest trade salvo. Europe’s stock markets have dropped sharply as investors weigh United States President Donald Trump’s latest tariff threats against the European Union and Mexico. Major European indices suffered heavy losses on Monday as EU ministers were set to…
Welcome to Weather Watch, our weekly newsletter on how the planet’s ever wilder weather patterns are impacting the global economy. Got feedback and forecasts? Write us at weatherteam@bloomberg.net. And sign up here if you’re not on the list already. When there’s volatile weather, revenues of energy and agricultural companies can be put at risk. And…
REPORTER’S NOTEBOOK For a brief moment, Al Jazeera cameraman experiences life under Russia’s bombs – and all of its side effects. Kyiv, Ukraine – I’m wrenched from my sleep by what feels like an explosion in my stomach, as if a balloon has burst. This feeling is followed immediately by the sound of a real…
Home » Alternative tourism » House-Sitting Tourism: The Trend That Lets Travelers Stay Free While Caring for Homes and Pets Sunday, July 13, 2025 The house-sitting traveling pattern has been gaining momentum during the recent years, offering an alternative type of traveling where travelers get to experience staying in houses with zero cost in exchange…