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Alexander McQueen designer Sarah Burton quits after two decades
British fashion house Alexander McQueen is losing its artistic director Sarah Burton who has been in charge for more than 20 years, parent company Kering announced on Monday.

Over 10,000 more jobs to go at UK's Wilko after partial rescue fails
More than 10,000 staff will lose their jobs at struggling UK household goods retailer Wilko, administrators said Monday, after last-ditch talks on a rescue deal with the owner of the HMV music store chain collapsed.

Work starts on key German wind power energy line
Construction work has started on the long-delayed 700-kilometre (430-mile) power line that will transfer wind-generated electricity from northern to southern Germany, the economy ministry said Monday, pushed by an energy crisis.

Stock markets rise as US inflation data, ECB rate loom
Stock markets rose on Monday at the start of a busy week that includes key US inflation data and a European Central Bank decision on interest rates.

Job fears at UK retailer Wilko after partial rescue deal fails
Thousands of job losses at struggling UK household goods retailer Wilko are looking increasingly likely after the owner of the HMV music store chain said Monday that talks for a last-ditch rescue deal had collapsed.

EU cuts eurozone 2023 growth forecast, sees German recession
The European Commission cut its 2023 and 2024 eurozone economic growth forecasts on Monday, with the single currency area weighed down by Germany's poor performance.

HMV owner's bid for UK retailer Wilko falls through
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.

History on tap: Brussels serves beer museum to thirsty visitors
Sightseers who flocked to a grand reopening of the refurbished Brussels stock exchange building this weekend were invited to chase the visit down with a side order of Belgium's top tipple -- beer.

Savoy dynasty daily life on display with Geneva auction
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.

China says to curb 'disruption' in currency market
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.

Biden leads US tech execs in Vietnam talks
US President Joe Biden and senior executives from top American tech firms including Google and Intel will meet Vietnamese business leaders Monday after the two countries agreed to deepen cooperation in the face of shared concerns about China.

Macron in Bangladesh to 'consolidate' France's Indo-Pacific push
President Emmanuel Macron was in Bangladesh on Monday in a bid to "consolidate" France's Indo-Pacific strategy and counterbalance a "new imperialism" in a region where China's influence is increasingly being extended.

Alibaba announces surprise departure of ex-CEO
Chinese e-commerce giant Alibaba has announced the surprise departure of former CEO Daniel Zhang, who had been set Monday to take charge of a key subsidiary as the firm undergoes a major restructuring.

Support slumps for Australian Indigenous rights referendum
Australia's historic Indigenous rights referendum is haemorrhaging support, with a barrage of damning new polls showing only a minority in favour of the October vote.

Pause or hike? ECB rate decision on a knife edge
The European Central Bank is walking a tightrope between still-high inflation and a darkening eurozone outlook as it decides whether to lift interest rates again or finally pause its historic hiking cycle.

The worst market crashes
Fifteen years ago, on September 15, 2008, the Lehman Brothers investment bank went bankrupt, a victim of the global financial crisis during which stock markets crashed.

Strike worries overshadow Detroit Auto Show
This week's Detroit Auto Show is meant to showcase impressive new electric vehicles, but the fanfare looks destined to be upstaged by a brewing labor dispute and the increasing likelihood of a strike.

Arm's listing on NY exchange is a big wager in an uncertain market
Shares in the British chip designer Arm will be listed Thursday on New York's Nasdaq exchange in the biggest such offering in two years, a $50 billion wager by principal shareholder SoftBank Group amid a still uncertain market.

How it went down: Three accounts of the Lehman bankruptcy
A key catalyst for the 2008 global financial crisis, the bankruptcy of Lehman Brothers still reverberates for those who lived through it. Here are the accounts of three who were there.

Troops dislodge 11,500 illegal miners from Venezuelan reserve
Venezuelan soldiers have dislodged more than 11,500 illegal gold miners from the country's biggest natural reserve since July, where they cleared forest and contaminated water, the head of the military operation announced Sunday.

Family killed by Nazis beatified in Catholic first
A Polish couple and their seven children, killed by Nazis during World War II for hiding Jews, were beatified Sunday, the first time an entire family was given one of Catholicism's highest honours.

Family killed by Nazis to be beatified in Catholic first
A Polish couple and their seven children, killed by Nazis during World War II for hiding Jews, will be beatified Sunday, the first time an entire family is given one of Catholicism's highest honours.

Wet feet dampen G20 leaders' Gandhi tributes in India
World leaders walked barefoot through puddles Sunday to pay their respects to revered Indian independence hero Mahatma Gandhi, after monsoon downpours dampened Prime Minister Narendra Modi's set-piece G20 programme.

Italian PM Meloni targets tight 2024 budget
Italian Prime Minister Giorgia Meloni is tightening the budgetary screws to show that Rome can balance its books, even if it means delaying electoral promises.

US takes on Google in landmark antitrust trial
Google faces its biggest ever legal challenge in a Washington court on Tuesday, as it fends off accusations from the US government that it acted unlawfully to build its overwhelming dominance of online search.

'Star Trek' boldly goes to Beijing for first fan event
Fans of the space adventure franchise "Star Trek" assembled in Beijing on Saturday for the first official activity of its kind to be held in mainland China.

US talk show host Jimmy Fallon accused of creating 'toxic' workplace
Jimmy Fallon, host of NBC's flagship "Tonight Show," has apologized to staff after employees accused him of creating a "toxic workplace," according to a report in Rolling Stone magazine.

Dior's longest-running designer Marc Bohan dies at 97
Fashion designer Marc Bohan, who was artistic director of Dior for an unprecedented three decades, has died, the luxury brand said Friday.

Stocks advance as traders eye further US rate hike
European and US stock markets advanced Friday despite rising concerns about the Federal Reserve raising US interest rates as the world's biggest economy shows resilience and inflation staying high.

Stocks wobble as traders eye further US rate hike
Stock markets wobbled Friday as traders increasingly bet on the Federal Reserve sticking to its policy of raising US interest rates as the world's biggest economy shows resilience despite inflation staying high.

Jessica Chastain: 'Actors silenced over abuse, unfair contracts'
Oscar-winner Jessica Chastain offered impassioned support for ongoing Hollywood strikes as she appeared in Venice to promote her new film "Memory" on Friday.

Stock wobble as traders eye further US rate hike
Stock markets wobbled Friday as traders increasingly bet on the Federal Reserve sticking to its policy of raising US interest rates as the world's biggest economy shows resilience despite inflation staying high.