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HMV owner's bid for UK retailer Wilko falls through
HMV owner's bid for UK retailer Wilko falls through
by  AFP

A last-ditch bid to save thousands of jobs at struggling UK household goods retailer Wilko has collapsed, the owner of the HMV music store chain said on Monday. Wilko, which operated some 400 stores across the UK and online, announced its collapse on August 10, putting 12,500 jobs at risk.

Savoy dynasty daily life on display with Geneva auction
Savoy dynasty daily life on display with Geneva auction
by  AFP

Porcelain figurines, a white faux-leather sofa and a foosball table: these are among the items in a House of Savoy auction, providing a rare glimpse into the everyday life of royals. There are also objects linked to the Savoy family heritage, including engraved silver coat of arms and porcelain figurines, but also bronze statuettes recalling the modernist interior style of the Geneva villa.

China says to curb 'disruption' in currency market
China says to curb 'disruption' in currency market
by  AFP

China's central bank said on Monday it would crack down on speculation that distorts the value of the yuan as the country's currency sees persistent volatility. The bank added that "although the renminbi has recently somewhat depreciated against the US dollar, it remains basically stable against a basket of currencies".

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