MILAN (Reuters) – Sales at Italian luxury goods group Salvatore Ferragamo declined by 7.2% at constant currencies in the first half, hit by double-digit drops in both North America and Asia Pacific, the company said on Thursday. Revenues totalled 600 million euros ($657 million) in the period, broadly in line with an analyst consensus gathered…
NEW YORK (AP) — In the past few years, Slutty Vegan, an Atlanta-based eatery, has attracted a cult-like following with its raunchy approach to veganism. Celebrities often pop in for a visit. And customers routinely wait through long lines to order from the chain’s cheekily-named menu, which includes the “One Night Stand” burger and the…
ISTANBUL (Reuters) – Turkey’s current account is expected to record a rare surplus of $426 million in June due partly to tourism and lower energy bills, a Reuters poll showed on Monday, while the deficit was seen at $41 billion in 2023. The June estimate is based on the median response of 14 economists, whose…
(Reuters) -Technology trade groups as well as Alphabet’s Google have griped to the Federal Trade Commission about allegedly unfair business practices in the cloud, including by the industry’s No. 2 by market share Microsoft. The comments, which were due Wednesday, respond to a March request from the U.S. agency for information on security issues and…
By Bill Trott (Reuters) -Jim Brown, one of the greatest running backs in the history of the National Football League who quit the game at the height of his career to act in Hollywood movies and add his voice to the civil rights movement, has died. He was 87. Brown died on Thursday night, his…
(Reuters) – Rovio Entertainment, the company behind the mobile game Angry Birds, confirmed on Saturday that it is in talks with Japan’s Sega Sammy Holdings Inc over a possible tender offer. Rovio announced the start of a strategic review and preliminary non-binding discussions regarding a potential tender offer for its shares in February, a statement…
UNITED NATIONS (Reuters) – Global economic growth is projected to be 2.3% in 2023, up 0.4 percentage points from a January forecast, and the prediction for 2024 has dropped 0.2 percentage points to 2.5%, according to a United Nations report released on Tuesday. “Despite this uptick, the growth rate is still well below the average…
By Karen Freifeld and Jonathan Stempel (Reuters) – Donald Trump’s onetime lawyer and fixer Michael Cohen asked a court to throw out the former U.S. president’s $500 million lawsuit against him, calling it an “abusive act of pure retaliation and witness intimidation.” Cohen’s lawyers in a filing late Monday in Miami federal court said…
KYIV, Ukraine (AP) — Ukraine claimed to have destroyed bridges and ammunition depots and pounded command posts in a surge of fighting in the Russian-occupied south, fueling speculation Tuesday that its long-awaited counteroffensive to try to turn the tide of war was underway. Russia said it repelled the attack and inflicted heavy casualties. The clashes…
DoorDash is eliminating about 1,250 corporate jobs, or about 6% of its workforce, saying it hired too many people when delivery demand surged during the COVID-19 pandemic. CEO Tony Xu said in a message to employees Wednesday that DoorDash was undersized before the pandemic and sped up hiring to catch up with its growth. “Most…
