ECB Wants to Be Neutral at This Stage: Kumra
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O2, Three and iD Mobile most complained-about mobile providers
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Tech shares lift Wall St futures on tariff exemption hopes
(Reuters) -U.S. stock index futures rose on Thursday, pointing to fresh gains on Wall Street, on signs that major technology companies will avoid President Donald Trump's latest tariffs on chip imports. Apple's shares climbed 3.2% in premarket trading, having risen 5.1% and led gains on Wall Street in the prior session, after Trump said the iPhone maker will invest an additional $100 billion in the U.S., bringing its total commitment to $600 billion over the next four years. Trump also announced a tariff of about 100% on imports of semiconductors but said it would not apply to companies that are manufacturing in the U.S. or have committed to do so. Shares of chipmakers including Nvidia, Advanced Micro Devices and Intel rose in the range of 1.2% to 2.5%. At 06:16 a.m. ET, S&P 500 E-minis were up 53.75 points, or 0.84%, Nasdaq 100 E-minis were up 197 points, or 0.84%, and Dow E-minis were up 274 points, or 0.62%. The president's higher tariffs of 10% to 50% on dozens of trading partners took effect on Thursday. Still, expectations of policy easing by the Federal Reserve - sparked by some disappointing economic data, particularly the July payrolls report - as well as optimism around AI spending by companies have kept markets near record highs. Following the latest jobs data, traders have almost fully priced in a 25 basis point rate cut in September and expect at least two rate cuts this year, according to the CME Group's FedWatch tool. Weekly jobless claims data, due at 08:30 a.m. ET, could offer fresh clues on the health of the labor market and shift rate cut expectations. Investors are also watching for Trump's interim replacement for Fed Governor Adriana Kugler in the coming days, amid expectations that the nominee would be a policy dove who will likely favor bringing interest rates lower. Kugler's resignation leaves an opening at the seven-member Fed Board led by Chair Jerome Powell, who Trump has repeatedly criticized for not cutting borrowing costs. Powell's tenure is due to end in May 2025. Second-quarter earnings barrage continued at full throttle. DoorDash topped revenue estimates and forecasted a stronger-than-expected gross merchandise value for the current quarter. Its shares jumped 8.6%. Lyft's quarterly revenue miss took its stock down 2.3%, even as the ride-hailing firm gave an upbeat gross bookings forecast for the September quarter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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DC Singh's blueprint for turning Scottish Cashmere into a multi-sector powerhouse
In the global business arena, few stories are as compelling as that of Didar 'DC' Singh Chalana. DC Singh's track record shows that he's not only creative, but he's also a mastermind who can turn virtually any business into profit. A man who built a global brand from scratch in luxury cashmere, expanded into property and healthy food, and now leads the charge in technology, all underpinned by a rare blend of design flair and entrepreneurial strategy. DC Singh: From Retail Assistant to Luxury Empire Builder In 2008, with no formal business training and finite resources, a young DC Singh landed in Edinburgh working as a retail sales assistant. He observed a crowded cashmere tourism market, yet the quality was lacking. At that moment, the seed of Edinburgh Cashmere was planted: a premium, design-led brand offering 100% pure cashmere and lambswool with unmatched craftsmanship. By 2014, Singh had officially launched Edinburgh Cashmere, and over the next decade he produced over 500 unique designs, from iconic 'DC Classic Check' tartan patterns to bespoke monograms. DC Singh Collaborates with Hollywood & Bollywood Stars and Strategic Business Partners for a Global Expansion What truly catapulted the brand to global relevance was Singh's knack for collaboration. He partnered with luxury fashion houses across Italy, France, and the UK, building exclusive lines, manufacturing limited editions, and co-creating special merchandise for football clubs. His factories became trusted suppliers to the world's top fashion names. These collaborations not only showcased his design excellence but also proved wildly profitable, often generating multi‑million-pound revenues per collection. Observers often refer to his influence in fashion and business as a kind of 'magic touch'. Flagship Brand & Global Expansion Singh rapidly scaled Edinburgh Cashmere internationally, opening flagship stores and launching e‑commerce deliveries in markets including the UK, USA, France, Japan, UAE, and beyond. In Dubai alone, the brand will soon debut a major store presence. International fashion media took note. The brand's collections have been featured in Vogue, Tatler, GQ, Grazia, and Singh's products frequently appear at Milan and Paris Fashion Weeks solidifying his design credentials and global cachet. Design‑Driven, Profit‑Focused: The Strategy That Works Singh's entrepreneurial philosophy combines uncompromising quality, trendsetting design, and strategic partnerships. He designed every logo and pattern personally and oversaw every production stage from raw material source to finishing. That design discipline, coupled with strong business tactics, enabled consistent million‑pound profits across verticals. His ability to anticipate market trends whether launching tartans or monograms or pivoting to health food and tech is a defining feature of his success. Singh's business mindset consistently focused on long-term value, not short-term gain. Diversification: Jewellery, Food, Real Estate & Health Beyond fashion, Singh built a multifaceted portfolio: Luxury Jewellery: His Lucchi line fuses Indian craftsmanship with Western design for couture jewellery and accessories. Healthy Food Franchise: With chefs and nutritionists, Singh created DC Tasty a fast-food concept offering healthy burgers and pizzas that is now poised for global franchise roll-out. Real Estate Development: His property arm spans residential and commercial projects in the UK and beyond, often employing eco-conscious construction and affordable housing methods. Each venture links back into his brand ethos premium, sustainable, and design focused. Technology: A New Frontier Perhaps the most disruptive next phase: Singh's expanding tech initiatives. He recently launched a ride‑hailing app promising higher earnings for drivers and savings for riders, with integrated environmental and safety standards. Beyond that, he plans to develop a suite of apps logistics, food delivery, AI-driven recommendation engines, and virtual showroom tools for both in-house brands and partner ecosystems. These platforms are being built with Silicon Valley partners, signalling significant scalability. Collaboration Grand Slam: Jacob & Co., Manish Malhotra & Expanding into Caribbean Sportswear Partnerships Singh's flair for partnerships took a bold leap recently with new collaborations: A limited-edition luxury watch line with Jacob & Co. A luxury lifestyle and couture collection with Bollywood legend Manish Malhotra High-performance sportswear for Caribbean football clubs, blending aesthetics and function. These ventures extend subjects from high fashion to sports and entertainment all underpinned by Singh's design magic and strategic planning. Sustainability and Ethics: Core Business, Not Side Note Sustainability isn't optional in Singh's ventures, it's foundational. From environmentally friendly dyeing techniques and energy-efficient manufacturing to ethical sourcing, each operation reflects a high-standard approach to environmental and social responsibility. He ensures fair labour conditions, local supplier partnerships, and minimal waste demonstrated that luxury and ethics can coexist profitably. The Magical Profits: Design + Business Intelligence Critics and industry insiders often invoke 'DC's magic touch' the rare ability to turn design vision into sustainable profit. Whether launching a tartan scarf line or co‑designing couture with Malhotra, Singh's projects routinely generate multi‑million dollar returns. Where most entrepreneurs split time between design and operations, Singh does both seamlessly creating products that resonate emotionally and deliver investor returns. Global Reach: Celebrities, Runways, and Retail Singh's brands feature in global fashion weeks, celebrity wardrobes, and elite publications. His collections appear at Milan, Paris, and New York; his scarves and sweatshirts have been seen on Hollywood stars and sporting figures. He uses such platforms strategically not just for exposure but for sustained credibility and traction in luxury markets. 2025 and Beyond: What's Next? Tech Rollout: Scaling ride‑hailing, food‑delivery, and logistics apps across major cities. Fashion Collaborations: New capsule collections with elite partners, sport clubs, and cultural fashion houses. Lucchi Jewellery Launch: Expanding globally into lifestyle and home décor. Global Franchises: DC Tasty to open in UAE, UK, and potentially US markets. Real Estate Expansion: Launching sustainable housing and commercial developments. Conclusion: A Formula for Modern Entrepreneurial Legacy DC Singh illustrates what's possible when design, strategy, ethics, and ambition intersect. From a small cashmere label in Edinburgh to a global empire spanning fashion, real estate, healthy food, and tech his journey reflects consistent excellence and calculated vision. His ever-growing valuations and dynamic collaborations underscore a core principle: quality first, design-led innovation always, profit by design. In 2025 and beyond, DC Singh isn't just broader and richer his story is now shaping global entrepreneurial standards. He isn't just a businessman. He's a designer-CEO, a strategic partner, a tech innovator, and above all, a visionary building an enduring brand all from scratch. DC Singh's Official Website Edinburgh Cashmere Official Online Store DC Milan Follow the socials to learn the latest about these luxury creations: Edinburgh Cashmere Instagram Facebook Twitter Google LinkedIn Pinterest YouTube
