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Scandal-hit UK business lobby wins funds to carry on
Scandal-hit UK business lobby wins funds to carry on
Business and Economy
by  AFP

Britain's scandal-hit business lobby, the CBI, has received funds to remain operational following reports it was in grave financial trouble in the wake of sexual misconduct allegations. CBI director-general Rain Newton-Smith in April replaced Tony Danker, who departed over a separate misconduct allegation.

Paris Fashion Week promises drama and departures
Paris Fashion Week promises drama and departures
Business and Economy
by  AFP

Milan Fashion Week was not even over and the fashionistas were already heading to Paris on Monday for another 100-plus shows in the hectic womenswear season. Paris is the last of the big four fashion weeks in the busy September calendar that sees back-to-back events in London, New York and Milan.

EU blocks Booking takeover of Swedish travel group
EU blocks Booking takeover of Swedish travel group
Business and Economy
by  AFP

The EU vetoed a bid by US online travel agency Booking to take over Swedish rival Etraveli Group Monday over fears the deal would harm competition and risked raising prices for customers. The EU also feared the deal would lead to Booking using Etraveli to become the main online travel agency for flights in addition to hotels.