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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.