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By Sam Nussey, Chang-Ran Kim and Mariko Katsumura TOKYO, June 11 (Reuters) – ’ Onitsuka Tiger, famed for its yellow and black sneakers, is embarking on a global expansion to capitalise on booming demand for its retro shoes, but analysts warn the ambition could put its impressive margins at risk. Onitsuka Tiger, whose sneakers were flaunted by actress Uma Thurman in the 2003 hit movie “Kill Bill”, is opening flagship stores in Europe and the United States, an expansion it aims to speed up as the brand becomes its own company. Asics, which has a market value of around $20…
The state is also preparing for El Niño conditions later this summer. Ocean Station Papa’s sensors and other instruments help weather forecasters and emergency response officials know ahead of time when super-storms like Halong are about to come barreling through. An Ocean Station Papa buoy floats in the waters of the Gulf of Alaska. Credit: NOAA An Ocean Station Papa buoy floats in the waters of the Gulf of Alaska. Credit: NOAA “We’re looking at ocean temperatures, salinity, current, wave height and direction, wind stress,” Stratton said. “Those all feed into models that NOAA and universities use to tell us…
An already politically weakened prime minister has been weakened further by the resignation of the defence secretary. Source link
Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. Evan Vucci | ReutersIran will treat all of Elon Musk’s companies in the Middle East, including SpaceX’s Starlink internet service, as military targets as it retaliates against the U.S., Iranian state media outlet Fars reported Thursday.Iran is targeting “all interests related to economic holdings managed by Elon Musk in West Asia,” including a regional Starlink ground station, according to a translated post…
+10% yesterday, can this improbable winner keep rising amid June’s rollercoaster? Source link
Google CEO Sundar Pichai speaks during a keynote address at Google I/O on May 19, 2026 in Mountain View, California. Benjamin Fanjoy | Getty ImagesAs OpenAI steers away from the consumer focus that made ChatGPT a household name, Google and Apple are rolling out a slew of new consumer AI offerings, trying to show how the technology can be practical for everyday users.The opposing approaches were laid bare this week, as Apple used its annual developers conference to introduce Siri AI as a new stand-alone app, and OpenAI announced that it’s confidentially filed to go public, a move made possible…
US President Donald Trump during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Wednesday, June 3, 2026. Shawn Thew | Bloomberg | Getty ImagesThe U.S. military will attack Iran “VERY HARD TONIGHT,” and will soon take over the country’s “oil infrastructure points,” President Donald Trump said Thursday morning.An operation to “assume total control” of Iran’s oil and gas markets and infrastructure, including taking Kharg Island, will occur “at some point in the not too distant future,” Trump vowed in a Truth Social post.Trump compared the forthcoming action to the U.S. operations…
Private equity investors should brace for a sharper divide in returns as the industry struggles with years of delayed exits, aggressive valuations and a $4 trillion backlog of unsold assets, Apollo’s deputy global head of private equity Antoine Munfakh has warned.Speaking to CNBC at the SuperReturn International conference in Berlin, Munfakh said that the average hold time for private equity assets has doubled from a historic average of around four years to almost eight years today.That has left a $4 trillion overhang of assets waiting to be sold as sponsors face growing pressure to return capital to investors.Munfakh said that…
Close up of coastline near Palos VerdesPost_insignem | Istock | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The SpaceX IPO is expected to mint thousands of new millionaires and multiple new billionaires. While current and former employees won’t be able to sell their shares right away, some are already planning how to spend their windfall.That newfound wealth could have a ripple effect across the luxury property markets near SpaceX’s office hubs and boost spending on…
William Blair lowers data center index to 75 on power concerns Source link