China's space agency is making final preparations to send the Shenzhou-18 crew into low-Earth orbit on Thursday as part of its ambitious space program that aims to put people on the moon by 2030. In a press conference on Wednesday, the China Manned Space Agency (CMSA) introduced the three astronauts; Commander Ye Guangfu, 43, a veteran astronaut who was part of the Shenzhou-13 mission in 2021; and astronauts Li Cong, 34, and Li Guangsu, 36, who will go to space for the first time. The three-member crew’s spacecraft is set for lift-off at 8:59 p.m. (1259 GMT) from the Jiuquan Satellite Launch Center on the edge of the Gobi Desert in the country’s northwest.
Kering's shares slumped on Wednesday, after the French luxury goods company warned it expected a 40% to 45% plunge in first-half operating profit. Kering shares were down 8.5 percent in early session trading, dragging down slightly the shares of its French rivals LVMH and Hermes. Late on Tuesday, Kering warned of the likely drop in first-half operating profit as it also reported that first-quarter sales had declined as wealthy shoppers curbed spending on products from its star label Gucci.
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