Azerbaijan eyes 30% stake in Israeli IDE Technologies
Azerbaijan said it's conducting due diligence ahead of a potential $250–270 million investment in Israeli desalination company IDE Technologies, acc...
The weirdest and ugliest products sold online in China can now be seen in a new exhibition in Hangzhou.
Called 'Era of Uglies Has Arrived' the gallery shows around 300 items including sandals inspired by cabbage leaves to a tower of misshapen cat pillows.
Products from the exhibition are available for sale online in China from late July to mid-August.
It was initiated by multinational technology company Alibaba (9988.HK) e-commerce giant Taobao.
Earlier Reuters reported that, It has been won or been shortlisted for the platform’s annual Ugly Stuff Competition, also known as the Uglies Award, reported by Reuters.
Over 3,000 visitors a day have visited the exhibition from late July to mid-August, said Yu Hu, project lead for the Uglies Award.
Younger consumers are boosting the popularity of these unappealing products because they want to express their individuality, Yu added.
He said that "In recent years, emotional consumption has become more and more of a 'blue ocean', meaning it’s becoming increasingly popular, turning into a new (spending) track".
Ugly-cute accessory doll, Labubu is a well-known example of this phenomenon even winning celebrity fans including Rihanna and David Becham.
Meanwhile, some visitors viewed the exibition as reflection on what beauty is, other saw it as a sowcase of creatice expression.
"Ugliness is another form of beauty", said the exihibiton visitor Mei Duo, 55.
"There's so much creativity, (it's) a special type of beauty"
Open-source intelligence (OSINT) sources reported a significant movement of U.S. military aircraft towards the Middle East in recent hours. Dozens of U.S. Air Force aerial refuelling tankers and heavy transport aircraft were observed heading eastwards, presumably to staging points in the region.
Diplomatic tensions between Tokyo and Beijing escalated as Japan slams China's export ban on dual-use goods. Markets have wobbled as fears grow over a potential rare earth embargo affecting global supply chains.
Snow and ice stalled travellers in northwest Europe on Wednesday, forcing around a thousand to spend the night in Amsterdam's Schiphol airport but delighting others who set out to explore a snow-blanketed Paris on sledges and skis.
Two people have been killed after a private helicopter crashed at a recreation centre in Russia’s Perm region, Russian authorities and local media have said.
Iran’s chief justice has warned protesters there will be “no leniency for those who help the enemy against the Islamic Republic”, as rights groups reported a rising death toll during what observers describe as the country’s biggest wave of unrest in three years.
Beyoncé has officially joined the billionaire club, becoming the fifth musician to reach a 10-figure fortune, Forbes reports.
Brigitte Bardot, the French actress whose barefoot mambo in And God Created Woman propelled her to international fame and reshaped female sexuality on screen, has died at the age of 91, her foundation said on Sunday.
Director James Cameron has shared the key reasons behind the global success of Avatar: Fire and Ash, the third installment in one of the highest-grossing film franchises of all time. In an interview with China Media Group in Hainan Province, Cameron spoke about the universal appeal of the film.
Tesla CEO Elon Musk has become the world’s richest individual, with a net worth of US$749 billion, after the Delaware Supreme Court reinstated $139 billion in stock options that were voided last year, according to Forbes’ billionaires index.
A rare pair of bright-green Nike “Grinch” sneakers worn and signed by the late NBA legend Kobe Bryant have gone on public display in Beverly Hills, ahead of an auction that could set a new record for sports memorabilia.
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