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South Africa tourism in talks to sponsor Tottenham Hotspur amid energy crisis

CNN  —  The South African government’s tourism board has conditionally approved plans to sponsor English Premier League club Tottenham Hotspur amid an energy crisis, South African Tourism (SAT) announced in a statement on Thursday. The controversial sponsorship deal, which is yet to be finalized, is reported to be around $58 million (R1 billion). “We cannot carry on […]

LVMH posts record profits and Bernard Arnault cheers ‘spectacular’ return of Chinese tourists

Hong Kong/Atlanta CNN  —  LVMH posted record results Thursday, and expressed confidence that China’s luxury market would bounce back this year as the country continues to reopen. The world’s biggest luxury group logged revenue of €79.2 billion ($86.2 billion) and profit of €21.1 billion ($22.9 billion) for 2022, both up 23%. In a presentation, the […]

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