Latest News

Hoping to attract tourists, Iran looks to neighbours
Hoping to attract tourists, Iran looks to neighbours
Business and Economy
by  AFP

Iran, largely shunned by western tourists, is making a push to attract visitors from wealthy Gulf Arab states and other nearby countries to boost its sanctions-hit economy. - Renewed push - Iran has also sought to attract more visitors from neighbouring Armenia and Azerbaijan, despite recent tensions between Baku and Tehran.

EU's Latin America summit underscores rift over Russia
EU's Latin America summit underscores rift over Russia
Business and Economy
by  AFP

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 shakes up underperforming Gucci
Business and Economy
by  AFP

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.