Ermenegildo Zegna, the renowned Italian fashion house, experienced a significant increase in revenue in the latest quarter, primarily due to its successful presence in the United States and a rebound in the Chinese market. As a result, the company's shares rose by 6.2% to $12.20 at 1:24 p.m. ET. Impressive Growth in the U.S. Ermenegildo Zegna achieved remarkable success in the … [Read more...] about Ermenegildo Zegna Reports Strong Revenue Growth
United States
North America’s LNG Export Capacity to Double in Four Years
The U.S. Energy Information Administration (EIA) has announced that 10 new projects across the United States, Canada, and Mexico will significantly increase North America's liquified natural gas (LNG) export capacity within four years. According to EIA's forecast, the continent's LNG export capacity is expected to surge from the current 11.4 billion cubic feet per day (Bcf/d) … [Read more...] about North America’s LNG Export Capacity to Double in Four Years
New Restrictions on U.S. Investment in Chinese High-Tech Companies
President Joe Biden has issued an executive order aimed at implementing stricter regulations on U.S. investment in high-tech Chinese companies. These restrictions will primarily target private equity and venture capital firms and focus on Chinese companies specializing in advanced technologies with military applications, such as quantum computing, artificial intelligence, and … [Read more...] about New Restrictions on U.S. Investment in Chinese High-Tech Companies
