ZURICH (Reuters) – Luxury goods group Richemont has sold its entire 20% stake in Swiss watchmaker Greubel Forsey, documents showed on Thursday. Greubel Forsey said in a statement that 100% of the brand’s shares are now owned by founding shareholders Robert Greubel and Stephen Forsey as well as by Chief Executive Antonio Calce, as of…
BRUSSELS (AP) — With the threat of wider conflict hanging over Europe, NATO opted for stability on Thursday by extending Secretary-General Jens Stoltenberg’s term in office for an extra year to help steer the 30-nation military alliance through the security crisis sparked by Russia’s war on Ukraine. Stoltenberg tweeted Thursday that he is “honored” by…
By Marc Jones LONDON (Reuters) – World share markets were choppy on Thursday as the Russia-Ukraine war kept oil above $120 a barrel, while worries about “stagflation” rose on renewed talk of aggressive U.S. interest rates hikes and slowing growth. Europe’s main stock indexes barely budged and government bond yields edged up toward multi-year highs…
(Reuters) -Uber Technologies Inc has agreed a deal to list all New York City taxis on its app, a move that could help the ride-hailing firm overcome a shortage of drivers in one of its biggest markets. The agreement was announced by Creative Mobile Technologies, which makes apps for the city’s yellow cabs, and Curb,…
WASHINGTON (AP) — The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S. job market continues to show strength in the midst of rising costs and an ongoing virus pandemic. Jobless claims fell by 28,000 to 187,000 for the week ending March 19, the…
By Alex Lawler LONDON (Reuters) – OPEC officials believe a possible European Union ban on oil from its partner Russia over the invasion of Ukraine would hurt consumers and the group has conveyed its concerns to Brussels, OPEC sources said. Major OPEC members, such as Saudi Arabia and the United Arab Emirates, have tried to…
WARSAW, Poland (AP) — Poland is abolishing practically all of its COVID-19 restrictions next week, a government official said Thursday. People will no longer be required to wear masks in indoor public spaces starting Monday, Health Minister Adam Niedzielski said. The only exception will be in medical facilities, where staff and patients will still need…
LONDON (AP) — Prince William has expressed his “profound sorrow” for slavery during a visit to Jamaica, though he stopped short of offering the apology demanded by protesters who are also seeking reparations for Britain’s role in the slave trade. William, second in line to the throne, made the comments while addressing a dinner in…
MILAN (Reuters) – KKR remains interested in taking over Telecom Italia, the U.S. investment firm said in a letter to the Italian phone group this week, adding it had held “positive exchanges” with Italian authorities on the matter, two people close to the matter said. In the letter which Telecom Italia (TIM) will examine on…
SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker BYD said on Thursday it has signed a strategic cooperation agreement with Shell that will see the two partner up on ventures in both China and Europe. BYD said on its official WeChat account that it and Shell would set up a mobility service provider partnership in…
