President Donald Trump said Abu Bakr al-Baghdadi is dead after a U.S. military raid in northwest Syria. The Islamic State had already become a more scattered movement, but al-Baghdadi’s death could become a rallying cry for his supporters to show the U.S. and others that it remains a force to be reckoned with.
Louis Vuittons $14.5 billion bid for U.S. jeweler Tiffany & Co. sees Europe’s richest man, Bernard Arnault, making his biggest bet ever. The luxury group approached New York-based Tiffany with a takeover proposal earlier this month áccording to Bloomberg. Tiffany is currently evaluating the bid and there’s no guarantee an agreement will be reached.
China’s economic challenges had increased in the almost two years since Xi Jinping last convened a full meeting of the Communist Party. But politics remain at the top of his agenda. However, Xi would solidify control over the ruling party and the country of more than one billion people.
Source: DAM – edited for length