A cargo ship passes through the Miraflores locks on the Panama Canal in Panama City on October 7, 2024. The number of ships sailing through the Panama Canal fell by 29% last year, compared to the previous year, due to the drought, the canal authority reported Tuesday. According to data provided by the Panama Canal Authority (ACP) to AFP, during the 2024 fiscal year, 9,936 vessels passed through the waterway. (Photo by MARTIN BERNETTI / AFP) (Photo by MARTIN BERNETTI/AFP via Getty Images)

Cargo containers are seen while a cargo ship passes through the Miraflores locks on the Panama Canal in Panama City on October 7, 2024. The number of ships sailing through the Panama Canal fell by 29% last year, compared to the previous year, due to the drought, the canal authority reported Tuesday. According to data provided by the Panama Canal Authority (ACP) to AFP, during the 2024 fiscal year, 9,936 vessels passed through the waterway. (Photo by MARTIN BERNETTI / AFP) (Photo by MARTIN BERNETTI/AFP via Getty Images)

Cargo containers are seen while a cargo ship passes through the Miraflores locks on the Panama Canal in Panama City on October 7, 2024. The number of ships sailing through the Panama Canal fell by 29% last year, compared to the previous year, due to the drought, the canal authority reported Tuesday. According to data provided by the Panama Canal Authority (ACP) to AFP, during the 2024 fiscal year, 9,936 vessels passed through the waterway. (Photo by MARTIN BERNETTI / AFP) (Photo by MARTIN BERNETTI/AFP via Getty Images)

A cargo ship passes through the Miraflores locks on the Panama Canal in Panama City on October 7, 2024. The number of ships sailing through the Panama Canal fell by 29% last year, compared to the previous year, due to the drought, the canal authority reported Tuesday. According to data provided by the Panama Canal Authority (ACP) to AFP, during the 2024 fiscal year, 9,936 vessels passed through the waterway. (Photo by MARTIN BERNETTI / AFP) (Photo by MARTIN BERNETTI/AFP via Getty Images)

NEW YORK, NEW YORK - OCTOBER 15: Morgan Stanley Director of Business Development Ahkiel White (L), Morgan Stanley Global Sports & Entertainment Associate Director Ara Talkov (C), and Morgan Stanley Global Sports & Entertainment Director Heather Watanabe (R) lead a panel on financial literacy during the 2024 Women's Sports Foundation Athlete Leadership Connection at Morgan Stanley on October 15, 2024 in New York City. (Photo by Sarah Stier/Getty Images for Women's Sports Foundation)

NEW YORK, NEW YORK - OCTOBER 15: Morgan Stanley Director of Business Development Ahkiel White (L), Morgan Stanley Global Sports & Entertainment Associate Director Ara Talkov (C), and Morgan Stanley Global Sports & Entertainment Director Heather Watanabe (R) lead a panel on financial literacy during the 2024 Women's Sports Foundation Athlete Leadership Connection at Morgan Stanley on October 15, 2024 in New York City. (Photo by Sarah Stier/Getty Images for Women's Sports Foundation)

(FILES) President of Vivendi supervisory board Vincent Bollore poses before a hearing before the parliamentary inquiry commission into the procedures for granting authorizations of national televisions services at the National Assembly in Paris, on March 13, 2024. The proposed division of the various activities of the French media and publishing giant Vivendi will be put to the vote at a general meeting on December 9, 2024, the group announced in a press release on Ocotber 15, 2024. The three companies, Canal+, Havas and Louis Hachette Group, are to become independent from Vivendi. If 'the project is approved, the shares of the three companies will be listed for the first time on 16 December', the group added. (Photo by Alain JOCARD / AFP) (Photo by ALAIN JOCARD/AFP via Getty Images)

(FILES) French luxury group LVMH Chairman and Chief Executive Officer Bernard Arnault addresses a presentation of the group's 2022 results, with the group's logo in the background at the LVMH headquarters in Paris on January 26, 2023. LVMH says 3rd-quarter sales fell 4.4% to 19 billion euros on October 15, 2024. (Photo by Stefano RELLANDINI / AFP) (Photo by STEFANO RELLANDINI/AFP via Getty Images)