Energy-Saving In Fashion, Valentino Turns Off Lights Early

MILAN, Italy – Italian brand Valentino has decided to switch off the lights in its shops earlier at night to save energy and give a signal of ‘environmental awareness’, following in the footsteps of the French luxury giant LVMH. Starting from last night, lights in around 95 Valentino’s boutiques around the globe are to be … More Energy-Saving In Fashion, Valentino Turns Off Lights Early

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Swiss Adopt New EU Sanctions On Russia, Allow Oil Payments

ZURICH, Switzerland – The Swiss government impose further sanctions against Russia over the war in Ukraine on Wednesday, in line with the European Union’s latest measures on gold and gold products, the cabinet said. The government said that it had made two new exceptions with respect to transactions related to agricultural products and oil supplies … More Swiss Adopt New EU Sanctions On Russia, Allow Oil Payments

Luxury Shoemaker Manolo Blahnik Wins 22 – Year Trademark Battle In China

PARIS, France – Manolo Blahnik, the shoe brand made famous by its celebrity fans and regular appearances in TV drama ‘Sex and the City’, said on Tuesday it has won a legal battle in China to use its own name, paving the way for the brand’s expansion across the country. The company, named after its … More Luxury Shoemaker Manolo Blahnik Wins 22 – Year Trademark Battle In China

U.S. State Department OKs Potential Sale Of C-17 Aircraft Support To UAE – Pentagon

WASHINGTON – The U.S. State Department has approved the potential sale of C-17 aircraft sustainment and related equipment to the United Arab Emirates for an estimated cost of $980.4 million, the Pentagon said on Tuesday. Despite approval by the State Department, the notification does not indicate that a contract has been signed or that negotiations … More U.S. State Department OKs Potential Sale Of C-17 Aircraft Support To UAE – Pentagon

SAS And Pilots To Resume Negotiations On Monday After 14 Days Of Strike

PARIS, France – Ailing Scandinavian airline SAS and striking pilor unions will resume negotiations on Monday, public broadcaster NRK said, after failing to reach new collective agreements over the weekend. Most SAS pilots in Sweden, Denmark and Norway walked out on July 4 after talks over conditions related to the carrier’s rescue plan collapsed. The … More SAS And Pilots To Resume Negotiations On Monday After 14 Days Of Strike

G20 Finance Chiefs Make Few Policy Breakthroughs At Indonesia Meeting

PARIS, France – The Group of 20 major economies’ finances chiefs on Saturday pledged to address global food insecurity and rising debt, but made few policy breakthroughs amid divisions over Russia’s war in Ukraine at a two – day meeting in Indonesia. With questions growing about the effectiveness of the G20 in tackling the world’s … More G20 Finance Chiefs Make Few Policy Breakthroughs At Indonesia Meeting

EU Formally Accepts Croatia As 20th Euro Zone Member

BRUSSELS – European Union finance ministers on Tuesday formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023. The European Council, the grouping of 27 EU governments, adopted three legal acts required to allow Croatia – an EU member since 2013 – to introduce the euro on Jan.1. … More EU Formally Accepts Croatia As 20th Euro Zone Member