Fri 11 April 2025: Italian luxury fashion house Prada reached an agreement to acquire its rival Versace for €1.25 billion (around $1.375 billion), Prada said in a statement Thursday. The transaction will be funded by €1.5 billion in new debt made up of a €1 billion term loan and €0.5 billion in a bridge facility. “Founded in 1978 in […]
Continue Reading
Thu 10 April 2025: The second round of talks between Russia and the US concluded Thursday afternoon in Istanbul after over five hours, according to Russian media. The US delegation was the first to leave the Russian consul general residence without making any statements to the press. On Tuesday, US State Department spokesperson Tammy Bruce […]
Continue Reading
Thu 10 April 2025: The Bank of England on Wednesday issued a warning about the global economic outlook, citing the escalating risks posed by US President Donald Trump‘s sweeping tariff policies. The Bank’s Financial Policy Committee (FPC) expressed concern that these trade tensions are increasing the likelihood of “severe shocks” to the financial system, putting global gro wth at risk. […]
Continue Reading
Thu 10 April 2025: Australian health authorities have warned hundreds of thousands of people in Sydney to monitor for symptoms after a Legionnaires’ disease outbreak, local media reported on Thursday. At least six people have been hospitalized with symptoms of the potentially deadly disease as health authorities have yet to trace the source of the […]
Continue Reading
Wed 09 April 2025: US Health and Human Services Secretary Robert F. Kennedy Jr., previously known for his vaccine skepticism, publicly supported the measles vaccine on Sunday, following the death of a second child. “The most effective way to prevent the spread of measles is the MMR vaccine,” Kennedy said in a post on X. The US […]
Continue Reading
Tue 08 April 2025: Ukrainian President Volodymyr Zelenskyy on Tuesday claimed arresting two Chinese citizens fighting alongside Russian forces in the eastern Donetsk region, saying Russia involving China is a “clear signal” that President Vladimir Putin does not want to end the war. “Our military has captured two Chinese citizens who were fighting as part […]
Continue Reading
Tue 08 April 2025: Tech billionaire Elon Musk made personal appeals to US President Donald Trump to reverse tariffs over the past weekend, according to a report by The Washington Post. Trump has announced a baseline tariff of 10% on all imports to the US and even higher “reciprocal” tariffs on other trading partners, including […]
Continue Reading
Mon 07 April 2025: Britain said it would consider closing dozens of arms-length government agencies, as it looks to reform the state to make cost savings and improve productivity in what it called “a new era of global instability”. Britain has over 300 so-called quangos, or agencies and public bodies which are funded by taxpayers […]
Continue Reading
Sun 06 April 2025: A strong number of Canadians and Mexicans now view their former US ally as an “enemy country” and favor matching tariff for tariff, a new Leger poll released Saturday found. But The Three Amigos Survey, as the report is called, found that respondents blamed US President Donald Trump, not Americans, for […]
Continue Reading
Sun 06 April 2025: US billionaire Elon Musk on Saturday expressed hope for a “zero-tariff” system between the United States and Europe that would “effectively create a free trade zone.” Joining Italy’s right-wing populist League party event via video link, Musk told Italian Deputy Prime Minister Matteo Salvini, “At the end of the day, I […]
Continue Reading
