Hermes, the luxury fashion house, reported a 17.6% increase in fourth-quarter sales, surpassing analyst expectations, with revenues reaching 3.96 billion euros. Full-year sales rose by 14.7% to 15.2 billion euros, with shares increasing by 4.19% in early trading. Despite a challenging luxury market, Hermes maintained strong demand for its exclusive products, with CEO Axel Dumas expressing confidence in continued revenue growth for 2025.
Full Article
US intel says strikes did not destroy Iran nuclear program
A classified US intelligence report revealed that recent military strikes on Iran only temporarily set back Tehran's nuclear program by a few months, contradicting President Trump's assertion that the sites were "completely destroyed." While the White House defended the operation as a success, Iran stated it had prepared to continue its nuclear activities despite the damage inflicted. Explain It To Me Like I'm 5: A US intelligence report says that recent airstrikes on Iran's nuclear...
Read more