AFP
13876 articles published since 08 Mar 2022
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EU's Latin America summit underscores rift over Russia
European, Latin American and Caribbean leaders n Tuesday failed to agree on a statement holding Russia to account for the war in Ukraine, highlighting their differences over the crisis. Latin American leaders came to the summit hoping to make progress unblocking a stalled EU trade deal, and Caribbeans wanted to discuss reparations for European colonialism and slavery.
Kering shakes up underperforming Gucci
Kering announced Tuesday the departure of the long-time chief executive of Gucci, the luxury group's main brand which has struggled as the industry has flourished. The deputy CEO of Kering, Jean-Francois Palus, a confidant of the company's chief executive and owner Francois-Henri Pinault, will take the reins on a temporary basis.
Spain hits Apple, Amazon with 194-mn-euro antitrust fine
Spain's competition watchdog said Tuesday it has slapped US tech giants Amazon and Apple with fines totalling 194 million euros ($218 million) for collusion in the sale of products. The authority imposed a fine of 50.5 million euros on Amazon and 143.6 million euros on Apple.
Dutch e-bike firm VanMoof declared bankrupt
Dutch electric bicycle maker VanMoof has been declared bankrupt, prompting the company to cease sales on Tuesday and angering customers who sought to file charges over the shop's failure to return broken bikes. Meanwhile, Dutch police asked angry VanMoof clients, many of whose bicycles have been in for repairs, not to press theft charges as their bicycles have not been returned.
Japan PM rounds out energy-focused Gulf tour with Qatar visit
Japan's Prime Minister Fumio Kishida visited gas-rich Qatar on Tuesday to wrap up a Gulf tour centred on energy security and cooperation with Tokyo's main suppliers. "Cooperation will be enhanced in respect to the production of hydrogen, ammonium," and decarbonisation technology, said the prime minister, the first from Japan to make a Gulf tour since Shinzo Abe in 2020.
Germany behind schedule on wind energy rollout: study
Germany has made strides in expanding its onshore wind power capabilities this year but needs to pick up the pace to meet key targets for the decade, a sector study said Tuesday.
'Let's go party!' Barbie readies to paint world pink
The world is about to be hit by a pink tsunami as "Barbie" -- Hollywood's ironic new take on the doll feminists once loved to hate -- opens with a vast marketing campaign. "If you hate Barbie, this movie is for you," the trailer proclaims.
US retail sales weaker than expected in June
Retail sales in the United States came in weaker than expected in June, the government reported Tuesday, with consumption remaining sluggish while inflation eases. Meanwhile, "the outlook for retail sales ex-autos and gas is poor," Pantheon analysts said in their report.
McDonald's UK apologises after racism, sexual misconduct report
The head of McDonald's in the UK apologised after the BBC on Tuesday reported allegations of sexual misconduct, racism and bullying by staff at the fast-food giant. "Every one of the 177,000 employees in McDonald's UK deserves to work in a safe, respectful and inclusive workplace," its UK chief executive Alistair Macrow told the BBC in response to the allegations.
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