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Tesla CEO Elon Musk may leave if $56 billion package not approved, writes chairperson

Robyn Denholm recounts how Musk was instrumental in turning around Tesla’s fortunes

Bahrain’s sovereign wealth fund takes full ownership of McLaren Group

McLaren has been under financial strain since the pandemic

Rimac Nevera: Electric storm from Croatia demolishes the competition

Astounding Rimac Nevera shatters global speed and acceleration records

Experiencing the Lamborghini Huracán Sterrato’s dual personality in Porto Cesareo

Supercar unveils its versatile soul amid the charm of southern Italy

Michelin’s Triple Revolution: Human, technological, and environmental

CEO touts mutually beneficial collaboration with competitors

Hospitality & Tourism

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EU tourism sector surges with 7 percent increase in overnight stays in Q1 2024

Foreign visitors accounted for around 45 percent of all overnight stays in the EU

Global travel and tourism sector to grow by about $15 trillion over next decade: WTTC

The President of WTTC praised the UAE for their efforts in utilising travel and tourism to promote sustainable development

China reclaims top spot with $196.5 billion in international tourism spending in 2023: Report

This reflects the continued recovery of the Asia and Pacific (APAC) region from the impacts of the COVID-19 pandemic

$1.3 trillion to lift China’s tourism sector as domestic travelers flock back

In 2019, Chinese tourists spent $248 billion abroad, accounting for 14 percent of global tourism spending

100 mega events in Hong Kong to attract 1.7 million visitors in next 6 months

Visitors to Hong Kong expected to stimulate around $923 million in consumer spending

Luxury & Fashion

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Breaking molds, setting trends: Benjamin Arabov’s blueprint for Jacob&Co.’s global ascent

A glimpse into the watchmaker’s strategy to elevate company to worldwide prominence

Chopard’s Karl-Friedrich Scheufele on creative mastery and growth of luxury watch market

Scheufele explores company’s unique position in evolution of opulent timepieces