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Georgian designer Demna leaves Balenciaga for Gucci
Georgian designer Demna leaves Balenciaga for Gucci
Business and Economy
by  AFP

Georgian designer Demna is leaving Balenciaga after a decade to become artistic director of Gucci, the French parent company of both brands, Kering, said Thursday. "Kering and Gucci are delighted to announce the appointment of Demna as the house's new artistic director, starting early July 2025," it said.

Brazil mine disaster trial ends with claimants hopeful of justice
Brazil mine disaster trial ends with claimants hopeful of justice
Business and Economy
by  AFP

A trial to decide Australian mining giant BHP's liability for one of Brazil's worst environmental disasters concluded in London on Thursday, with hundreds of thousands of victims demanding billions in compensation. The Australian mining giant has also said the quality of water in the river system contaminated by the fallout has returned to pre-disaster levels. burs-ode/bcp/ajb/jhb

EU 'open for negotiations' after latest Trump tariff threat
EU 'open for negotiations' after latest Trump tariff threat
Business and Economy
by  AFP

The European Union is ready to negotiate with the United States over escalating tariffs between the two economic superpowers, European Commission head Ursula von der Leyen said Thursday. The bloc's trade commissioner was in contact with his counterpart in the United States and they were expected to have a phone call Friday on the tariff row, von der Leyen said. br/ho/jhb