French businessman; chairman and CEO of LVMH, reigning luxury magnate
Genesis AI has unveiled Eno, a wheeled, modular robot designed to work across manufacturing, logistics, hotels, and healthcare. Backed by $105 million in funding, the company aims to deploy dozens of units by end-2026 and scale to mass production, with LG as a key partner and a broader push into the AI-enabled physical economy.
G7 leaders have pledged tougher sanctions and stepped-up industrial support for Ukraine after meetings in Evian, but U.S.-led mediation has stalled while President Trump has shifted focus to the Middle East. Russia has accused the U.S. of abandoning neutral mediation, and Russian strikes and Ukrainian long-range drone attacks have recently hit Russian infrastructure and Kyiv's historic Lavra monastery.
LVMH has reported a 2% organic sales rise for the first half of the year, driven by a 6% U.S. surge and strong performance in watches and jewelry, led by Tiffany and Bulgari. Europe remains flat as Middle East tensions weigh on tourism, while analysts question if the momentum signals a sustained luxury recovery.