Business

    – Microsoft said on Monday it is offering voluntary buyouts to a wide range of employees as it balances a costly artificial intelligence infrastructure build-out with capital efficiency. The new voluntary exit offer covers certain workers in the United States,

    – South Korea posted the second-largest current account surplus among major economies in the second quarter, exceeding the combined surpluses of Germany and Japan. The country’s surplus reached $116.63 billion in the April-June period, according to central bank data reported

    – Japan recorded a trade deficit of 536.6 billion yen in September as imports grew faster than exports, preliminary data from the Ministry of Finance showed. Exports rose 16.7% from a year earlier to 10.9723 trillion yen. Imports climbed 18.9%

    Travel

    – Türkiye aims to become the world’s sixth-highest-earning country in tourism revenue, backed by a larger budget allocation for the sector in 2027. The 2027 central government budget draft sets tourism funding at $244.5 million, up from $188.4 million this

    Sports

    Lionel Messi, Kylian Mbappé, Lamine Yamal and Erling Haaland are among the 30 nominees for the 2026 Ballon d’Or. Organizers announced the men’s shortlist on September 8 before the awards ceremony in London on October 26. Ousmane Dembélé, Rodri and

    Automotive

    Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It

    Lifestyle

    / U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has launched its iconic, sport-inspired Spring-Summer Collection for 2023. The brand’s global photo shoot took place in historic Santa Barbara, Calif., known for its spectacular weather, beautiful vineyards,

    Southern California interior designer and popular lifestyle influencer Becki Owens has launched her home furnishings line, Becki Owens Living beckiowensliving.com. Owens created this custom collection of over 1000 pieces across 40 categories – from furniture to lighting to home décor

    To celebrate the indescribable drive and competitive spirit of all athletes and fans, Apple launched the International Collection bands for Apple Watch, featuring 22 limited-edition Sport Loop bands with colorful designs that represent those nations across the globe. Each band

    The talented team of watchmakers and designers at OLTO-8 just launched a unique mechanical watch for those who seek individuality and bold style. The motorsport inspired Infinity II watch boasts superb craftsmanship, precise timekeeping and iconic design. This stunning new

    Casio Computer Co., Ltd. announced the release of four new GST-B400 watches, the latest additions to the G-SHOCK family of shock-resistant watches. The new watches boast the slimmest*1 profile of any in the G-STEEL series, which is known for using

    Luxury

    MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time since the Great Recession. According to Bain & Company’s annual luxury report, global sales are projected to decline