World News

China’s central bank increased its gold reserves by 23 tonnes in September, the largest monthly acquisition since October 2023, bringing total holdings to approximately 2,410 tonnes. This move aims to reduce reliance on US dollar assets amid rising geopolitical and financial risks, with private demand for gold also soaring as households seek secure savings options.

Ferrari has unveiled its first yacht, Hypersail, a 100ft ocean monohull, during Milan Design Week. Inspired by iconic models like the Monza SP1, this vessel features innovative foiling technology and renewable energy systems. Visit Ferrari’s flagship store in Milan to view Hypersail.

The Confederation of African Football (CAF) has expressed unanimous support for Gianni Infantino’s re-election as FIFA president in 2027. This endorsement follows a meeting prior to the FIFA Congress in Vancouver, reinforcing his position despite FIFA’s term limits, which do not apply to his initial partial term.

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