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We should remember that similar efforts in the 1980s to protect American carmakers from Japanese competition ultimately led to Japanese carmakers localising production within the US. Innovative products have a tendency to find their way to eager customers regardless of the regulatory environment.
Analysts suggest the trend reflects broader societal shifts and the dominance of digital media in shaping young people’s perceptions, reducing their exposure to symbols of national identity.
Japan’s volleyball, track and field, table tennis, and other teams will wear uniforms made of a cutting-edge new fabric that absorbs infrared light, preventing infrared cameras from seeing through to athletes’ underwear or bodies underneath, Le Monde first reported.
MUMBAI -- The 20th-century neoclassical Ismail Building, which once housed offices and banks near the Flora Fountain in India's financial capital of Mumbai, is now the splendidly renovated premises of Spanish fast-fashion brand Zara.
TikTok is chock-full of tips for building wealth.
Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player's sales decline and it struggles to keep up with savvier competitors, CNBC has learned.
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The voluntary output cuts by Opec+ members were expected to be extended until the end of this year, but the consortium announced earlier this month it would gradually phase out its cuts of 2.2 million barrels per day over the course of a year, starting in October, to appease some members.