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19879 articles published since 08 Mar 2022

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Gucci design studio strikes over move to Milan
Gucci design studio strikes over move to Milan
Business and Economy

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
Business and Economy

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.

Paris mayor to stop using 'global sewer' X
Paris mayor to stop using 'global sewer' X
Technology

Paris Mayor Anne Hidalgo said on Monday she was quitting Elon Musk's social media platform X, formerly known as Twitter, which she described as a "global sewer" and a tool to disrupt democracy. "This media has become a vast global sewer."

EU-NZ trade pact gets Brussels' final green light
EU-NZ trade pact gets Brussels' final green light
Business and Economy

Brussels on Monday gave the final green light for an EU-New Zealand trade deal that, while mutually lowering barriers for both markets, highlights the recent failure of EU-Australia negotiations. The passage of the New Zealand trade deal stood in contrast with the collapse last month of a much-bigger accord the EU had been negotiating for six years with Australia.

Storm leaves thousands without power in Crimea
Storm leaves thousands without power in Crimea
Business and Economy

Over 400,000 people in Crimea were left without power on Monday, after hurricane force winds and heavy rains battered the Russian-annexed peninsula over the weekend. More than two thousand towns and villages on the Ukrainian mainland were also left without power due to bad weather on Monday, Kyiv's government said.

UK announces almost £30 bn of private investment at CEO summit
UK announces almost £30 bn of private investment at CEO summit
Business and Economy

Prime Minister Rishi Sunak on Monday announced £29.5 billion ($37.2 billion) of private funding for new UK projects as more than 200 CEOs descended on London for the 2023 Global Investment Summit. Investments announced on Monday included £10 billion over the next four years from Australian fund IFM Investors "for large-scale infrastructure and energy transition projects".

Experts trash Hong Kong's 'throwaway culture' ahead of plastic ban
Experts trash Hong Kong's 'throwaway culture' ahead of plastic ban
Business and Economy

Unlike her fellow Hong Kong urbanites toting plastic or paper cups filled with coffee, pet groomer Lucine Mo takes her caffeine hit in a thermal mug with a QR code. The coded mug can be returned to 35 coffee shops taking part in a Greenpeace pilot project aiming to change one of the city's most wasteful consumption habits -- the near-instinctive use of disposable cutlery.

Winter isn't coming: climate change hits Greek olive crop
Winter isn't coming: climate change hits Greek olive crop
Business and Economy

Greek organic farmer Zaharoula Vassilaki looks with admiration at a huge olive tree on her property believed to be over two centuries old, still yielding despite a direct lightning hit years ago. It takes about one to two months of good cold weather for the tree to rest... so that it can yield later," Vassilaki said.

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