Beijing has recorded a historic rise in cross-border travel in 2025. Foreign arrivals and departures through the city have surpassed 20 million, marking a 1.1× increase compared with 2024. Analysts attribute the surge to visa-free access for many countries and streamlined immigration procedures. The increase in cross-border traffic highlights Beijing’s growing role as a hub for international travel. Travelers from Asia, Europe, and other regions are taking advantage of simplified entry processes and reduced waiting times at airports and border checkpoints. Tourism experts note that easier access is encouraging both leisure and business travel. Visa-free policies allow more tourists to…
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The White House launched a media “Hall of Shame” as Trump intensified his attacks on what he calls fake news. Critics accused him of escalating hostility toward journalists as pressure mounted over his repeated verbal assaults. Officials described the portal as a fully sortable site that prevents any so-called hoax or partisan smear from disappearing. The website presents The Washington Post as “Offender of the Week” and also targets The New York Times, CNN, CBS News, and The Independent. Staff members list claims attributed to specific reporters and group them into labelled categories. Government Labels and Media Reactions The site…
A sweeping move in global entertainment Netflix plans to acquire the film and streaming businesses of Warner Bros Discovery for 72 billion dollars. The company wins the bidding race against Comcast and Paramount Skydance after a lengthy contest. Warner Bros owns giant franchises like Harry Potter and Game of Thrones. It also operates HBO Max. The merger would create a dominant media force, but regulators still need to approve it. Creative unions already express strong concern. Netflix co-chief Ted Sarandos says he feels confident about securing approval. He says combining both content libraries will give viewers richer stories. He argues…
Organisers gave the 2026 World Cup draw a political edge when they awarded Donald Trump the new FIFA peace prize. They selected him during the event and added an unusual tone to the ceremony. Observers expected him to win because he had openly pursued major peace honours for years. Supporters highlighted his strong interest in global recognition. Gianni Infantino maintains a close relationship with Trump and praised his work on the Gaza ceasefire. Infantino told him, “This is your prize, this is your peace prize.” He often promotes football as a global unifier, yet this award marks a shift from…
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Watches of Switzerland posted rising sales and profits despite US tariffs of up to 39% on Swiss goods.Swiss luxury watch sales continued to thrive in the US amid steep import duties, according to half-year figures from the Watches of Switzerland Group.The UK-listed retailer, which leads sales of Rolex, Omega, and Cartier in Britain, recorded revenue of £845 million (€967mn) for the 26 weeks to 26 October 2025.Revenue grew 10% at constant currency and 8% at reported rates.Adjusted earnings before interest and tax climbed to £69 million (€78.9mn), rising 6% at constant currency.Statutory profit before tax surged 50% to £61 million…
Meta removes under-16 users ahead of lawMeta has begun removing Australian children under 16 from Instagram, Facebook, and Threads. The company takes this step one week before the national youth ban begins. Last month, Meta informed users aged 13 to 15 that their accounts would close starting 4 December. Around 150,000 Facebook accounts and roughly 350,000 Instagram profiles are expected to be affected. Threads also restricts young users because it requires an Instagram login. Australia’s new law, effective 10 December, mandates that platforms block under-16s. Companies face fines of up to A$49.5m if they fail to comply. Meta urges stronger…
The EU plans to cut all reliance on Russian gas and LNG by late 2026 and mid-2027.Lawmakers set clear end dates for Russian energy imports while allowing Hungary and Slovakia emergency access if supplies fail.Rules state that short-term contracts signed before June 2025 must end in April or June 2026, depending on the fuel type.Long-term LNG contracts can run until January 2027, and long-term pipeline deals face a ban from September 2027.Authorities may extend the pipeline deadline to November 2027 if storage levels remain low.Member states continue to pursue alternative suppliers after Moscow’s invasion of Ukraine destabilised energy markets.EU figures…
Prada Expands Its Luxury Footprint Prada announced on Tuesday that it acquired Versace, bringing two major Italian fashion houses together under one roof. The company paid $1.38bn, far below the roughly $2bn Capri Holdings invested in Versace in 2018. The acquisition broadens Prada’s portfolio, which includes Miu Miu, and strengthens its position against rivals such as LVMH, owner of Dior, Fendi, and Louis Vuitton. Versace Enters a Transformative Phase Donatella Versace stepped down in March after 27 years leading the brand with glamorous designs and the iconic Medusa logo. She took charge in 1997 after her brother Gianni’s murder and…
Moscow issues tough message amid Ukraine peace talks President Vladimir Putin told reporters in Moscow that Russia does not aim to start a war with European countries, but is prepared to act immediately should hostilities arise. He cautioned that any conflict initiated by Europe would be resolved so rapidly that “there would be no one left to negotiate with,” signaling the seriousness of the warning as diplomatic negotiations over the Ukraine crisis continue to face obstacles. European powers blamed for obstructing diplomacy Putin accused multiple European governments of impeding peace efforts, claiming their proposed amendments to a U.S.-backed settlement plan…
