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Spain logs record summer tourism as inflow draws protests
Spain logs record summer tourism as inflow draws protests
by  AFP

Spain welcomed a record 21.8 million international visitors this summer, official data showed on Wednesday, an influx of tourism that has triggered some protests in the country. - Heading towards annual record - The most common nationality of tourists in Spain over the summer was British, with 4.17 million UK visitors.

Hedi Slimane quits as Celine's artistic director
Hedi Slimane quits as Celine's artistic director
by  AFP

Hedi Slimane has quit as artistic director at Celine, the French haute couture house said Wednesday, amid speculation the 56-year-old may fill Karl Lagerfeld's empty chair at Chanel. "Under his creative and artistic direction, Celine has experienced exceptional growth and established itself as an iconic French couture house," the house said in a statement.

Spain welcomed record number of tourists this summer
Spain welcomed record number of tourists this summer
by  AFP

Spain welcomed a record 21.8 million international visitors to its shores this summer, official data showed on Wednesday, an influx of tourism that triggered some protests in the country. The most common nationality of tourists in Spain over the summer was British, with 4.17 million UK visitors.

Samsung says planning job cuts in some Asian operations
Samsung says planning job cuts in some Asian operations
by  AFP

Samsung Electronics said Wednesday it was planning to cut jobs in some of its Asian operations, after a report that one in ten posts in affected markets could be axed. Bloomberg reported however that the layoffs could affect about 10 percent of the workforce in those markets.

France says coming tax hikes on the wealthy to be 'temporary'
France says coming tax hikes on the wealthy to be 'temporary'
by  AFP

France's finance minister promised on Wednesday that the tax hikes the government says are required to bring the country's finances back on track will be targeted at high-income groups and limited in time. "Once we have managed to cut spending significantly, an exceptional and temporary effort will be required from those with extremely high incomes," Armand said.

Oracle to invest $6.5 bn in Malaysian cloud services region
Oracle to invest $6.5 bn in Malaysian cloud services region
by  AFP

Tech giant Oracle on Wednesday said it plans to invest more than $6.5 billion on cloud services data centres in Malaysia, joining a list of US titans rushing to build up their AI infrastructure in Southeast Asia. Oracle is the latest global tech giant to announce major digital investments in Southeast Asia.