Israel Launches Ground Invasion of Lebanon

Birkin Bag Maker Plunges Most Since 2010 As Soft China Demand Weighs On Leather Sales Hermès shares in Paris suffered their steepest intraday decline in nearly 16 years after second-quarter leather goods sales missed estimates among analysts tracked by Bloomberg, reigniting concerns over the luxury group's large exposure to the Chinese market.  Second-quarter sales in the leather goods division rose 10.2% at constant exchange rates, missing the Bloomberg Consensus estimate of 10.7%. Overall revenue increased 6.7% to about 4.1 billion euros, slightly ahead of estimates, driven by 13.7% growth in the...

Iraq's Ruling Pro-Iran Bloc Races To Choose PM, While US Rejects Main Candidates Via The Cradle The US has suspended all funding and security coordination with Iraq, and shipments of dollars the Central Bank of Iraq (CBI), until a new Baghdad government acceptable to Washington is formed, Saudi state-owned Al-Hadath reported Monday. The US is also conditioning continued security cooperation on the disclosure of those involved in the bombing of its embassy, the news channel added.  President Trump previously with the current Prime Minister of Iraq Mohammed Shia' al-Sudani Nevertheless, on Monday, the CBI released a statement rejecting the Al-Hadath report....