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Gucci design studio strikes over move to Milan
Gucci design studio strikes over move to Milan
Economy
by  AFP

Some 40 artisans from Gucci's design studio downed tools Monday in the creatives' first ever strike, held over plans to move much of the team from Rome to Milan. While 153 employees are due to be transferred to Milan by March, the fate of the 66 other artisans due to remain in Rome "is uncertain", according to the unions.

Sales of new US homes slow in October
Sales of new US homes slow in October
Economy
by  AFP

New home sales in the United States decelerated in October, according to government data released Monday, although the market for new properties remains boosted by a lack of inventory for existing ones. The resulting lack of supply for existing homes has nudged more buyers into the market for new houses instead, even as they grapple with affordability.