Italian fashion house Loro Piana, owned by French giant LVMH, has been placed under court administration for allegedly facilitating the exploitation of workers by subcontractors, police and a company source said Monday. The judges of the Milan court found that Loro Piana "negligently facilitated" the exploitation, according to the police statement.
Britain's economy grew more than expected in the first quarter, official data showed Thursday, covering the period before business tax hikes and US President Donald Trump's tariffs blitz took effect. Thursday's data covers the period before April's introduction of a hike to a business tax laid out in the Labour government's maiden budget in October.
The National Insurance Commission (NAICOM) has announced compulsory insurance for public buildings and construction sites in Nigeria, and enforcement has started.
Cuba's sole producer of cigarillos cannot keep up with exploding demand abroad for the smaller, cheaper, machine-rolled version of the island nation's much more famous hand-crafted cigars. Unlike Cuba's famous hand-rolled "Habanos," cigarillos are aimed at a market with "lower purchasing power," said Soler.
Taiwan will turn off its last nuclear reactor on Saturday, fuelling concerns over the self-ruled island's reliance on imported energy and vulnerability to a Chinese blockade. - Chinese threat - Taiwan's reliance on imported fossil fuels is of particular concern given the risk of a Chinese blockade.
Equities stuttered Thursday as investors await fresh developments in trade talks, with US partners looking to reach deals to avoid Donald Trump's tariff blitz, while oil extended losses on hopes for an Iran nuclear deal. Oil prices sank around two percent on signs that Iran could agree to certain US demands to reach a nuclear deal.
An Australian aerospace firm said Thursday it has delayed a historic first attempt to launch a locally developed rocket into orbit, citing a ground system glitch. If successful, it would be the first Australian-made rocket to make an orbital launch from Australian soil.
The start of President Donald Trump's term earned rave reviews at the world's leading crypto conference Wednesday, but top industry lawyers said digital platforms wanted regulatory clarity while the Republicans control Congress. Cohen was speaking at Consensus, the world's longest-running crypto conference, hosted this year in Canada's largest city, Toronto.
Spain's consumer affairs ministry said Wednesday it has opened a probe into the service fees charged during the sale of tickets for reggaeton superstar Bad Bunny's 2026 concerts in the country. The investigation focuses on "potential irregularities in the sale of tickets for concerts in Spain by a well-known international artist", the ministry said in a statement.
The Nigerian Civil Aviation Authority (NCAA) has explained why Nigeria’s airline ticket prices are deregulated and outlined the factors driving the rise in airfares.
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