U.S. Exempts Cork From 15% EU Tariff, Easing Pressure on Winemakers and Portuguese Producers
Trade framework spares cork as an “unavailable natural product,” shielding a key input for wine bottles and a major export for Portugal
Business & Markets News
Retirees Pare Back Financial Support for Family as Budgets Tighten
Quilter data shows average annual gifts to younger relatives at about £2,500, while 13% of retirees plan to cut back; a proposed lifetime gifting cap could further alter intergenerational transfers
Spectacle designer Tom Davies urges government to reinstate tax-free shopping to revive high-end retail
Davies says the 2021 end of VAT-free shopping has driven away wealthy overseas customers and caused an immediate drop in trade for bespoke retailers
Luxury reseller outlines how to spot fake designer bags as social media sales rise
Emily Abraham, co-owner of Love Luxyry and a seller with more than $65 million in transactions, lists authentication checks buyers can use amid growing counterfeit listings on social platforms.
Parents in their late 50s weigh financial risks of helping daughter buy first home
Daughter, 29, and partner have saved $60,000 but remain short of a deposit; experts say gifting or acting as guarantor can help buyers but may jeopardize parents’ retirement and inheritance plans
Young Sydney professional struggles to find work, blames AI and automated hiring tools
After five months and up to 20 applications a day, a 31-year-old with modelling and celebrity-driver experience says recruitment technology has kept him from interviews
Las Vegas hotels adopt dynamic pricing in gift shops and bars as visitor numbers fall
Properties including Bellagio, MGM Grand and Mandalay Bay are charging higher prices for items such as water, sunscreen and beer depending on day and time, prompting consumer complaints
Investors Pour Billions Into New York Office Towers as Leasing Nears Pre‑COVID Levels
A surge in commercial transactions and renewed leasing activity is being read as a sign that office use is rebounding, though experts say sustained recovery remains to be seen.
First Thing rolls out wireless maternity bras built on its 'buttery soft' signature fabric
Cult lingerie brand expands into postpartum market with supportive, breastfeeding-friendly designs as its Everyday Bra continues to earn strong customer reviews