NEW YORK (Reuters) – French luxury goods giant (LVMH.PA) is not asking to renegotiate its $16.2-billion acquisition of U.S. jewelry chain Tiffany & Co (TIF.N) after deliberating whether to do so, people familiar with the matter said on Friday. LVMH CEO Bernard Arnault had been […]
LONDON (Reuters) – Tim Davie was appointed the new head of the BBC on Friday, tasked with securing the future direction and financing of the publicly funded British broadcaster in the wake of government scepticism of the current model. Davie, currently chief executive of BBC […]
LONDON/SYDNEY (Reuters) – World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe’s stimulus boost, fuelling hopes for a global rebound. Investors are pricing in an economic recovery despite data showing the severe damage […]
SYDNEY (Reuters) – Asian stocks extended gains on Friday and were poised for their biggest weekly rise since 2011 while the euro hit a 1-1/2 month high as Europe’s central bank surprised with more stimulus, fuelling hopes for a global rebound. In a sign the […]
WASHINGTON (Reuters) – The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis. The Labor Department’s closely watched monthly employment report […]
Thousands are expected at rallies that aim to highlight Australia’s own poor record on Indigenous deaths in custody. Australian Prime Minister Scott Morrison urged people not to attend Black Lives Matter protests that are expected to take place in major cities around the country this […]
WASHINGTON (Reuters) – The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis. The Labor Department’s closely watched monthly employment report […]
(Adds governor’s comments, context) By Sharon Bernstein SACRAMENTO, Calif., June 4 (Reuters) – Businesses damaged in protests over the killing of George Floyd, an unarmed black man who was asphyxiated in police custody in Minneapolis, should be reimbursed for their losses, California Governor Gavin Newsom, […]
CAIRO (Reuters) – Hotels in Egypt have implemented government safety regulations which include having an on-site clinic with resident doctor, regular temperature checks of guests and a quarantine area, as they try to attract domestic tourists, hotel officials said. Egypt suspended international flights in March […]
While the move was praised by activists, it has not stopped the flow of Ethiopian workers deposited outside consulate. Beirut, Lebanon – Dozens of Ethiopian domestic workers in Lebanon have found shelter after they were abandoned by their employers and many spent days outside the Ethiopian […]
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