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July 5, 2022

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Macau COVID infections rise as spread extends to medics, police

Reuters
by Reuters00
People queue for mass coronavirus disease (COVID-19) testing in Macau, China June 19, 2022. REUTERS/John Mak Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 30 (Reuters) – Authorities in the world’s biggest gambling hub Macau are scrambling to contain the city’s biggest coronavirus outbreak since the......
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H&M profit jumps as shoppers hit stores after pandemic

Reuters
by Reuters00
The H&M clothing store is seen in Times Square in Manhattan, New York, U.S., November 15, 2019. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register STOCKHOLM, June 29 (Reuters) – H&M (HMb.ST), the world’s second-biggest fashion retailer, reported a forecast-beating 33% increase in March-May profit on Wednesday......
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‘Top Gun: Maverick’ Soars Past $1 Billion, Overtakes ‘Doctor Strange 2’ as the Highest-Grossing Movie of the Year Globally

Reuters
by Reuters01
LOS ANGELES, June 26 (Variety.com) – Paramount’s all-American blockbuster “Top Gun: Maverick” is still flying high at the box office, crossing the coveted $1 billion over the weekend. With those ticket sales, the movie has overtaken Disney’s Marvel adventure “Doctor Strange in the Multiverse of Madness” ($943 million) as the......
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Marine Serre stretches style traditions at Paris Fashion Week

Reuters
by Reuters01
PARIS, June 25 (Reuters) – French label Marine Serre sent athletes and artists to stroll a track field runway on Saturday evening, showcasing a sport-inspired wardrobe infused with artistic references in an all-ages, open-to-the-public fashion show. Like Olympic opening ceremonies, delegations succeeded one another. First up was a squad of......
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U.S. new home sales rebound in May; consumer sentiment at record low

Reuters
by Reuters01
Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones/File Photo Register now for FREE unlimited access to Reuters.com Register New home sales rebound 10.7% in May; April data revised up Median......
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EXCLUSIVE Nike to make full exit from Russia

Reuters
by Reuters00
People walk past a closed store of the sporting goods retailer Nike at a shopping mall in Saint Petersburg, Russia May 25, 2022. REUTERS/Anton Vaganov Register now for FREE unlimited access to Reuters.com Register PARIS/COPENHAGEN/LONDON, June 23 (Reuters) – Nike (NKE.N) is making a full exit from Russia three months......
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U.S. home sales slide as prices break above $400,000 for first time

Reuters
by Reuters00
Existing home sales fall 3.4% in May Median house price surges 14.8% to $407,600 from year ago Housing inventory falls 4.1% from year ago Chicago Fed National Activity Index falls to 0.01 in May WASHINGTON, June 21 (Reuters) – U.S. existing home sales tumbled to a two-year low in May......
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Wall Street bounces as growth, energy stocks jump

Reuters
by Reuters01
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 15, 2022. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register GS raises chances of U.S. recession to 30% over next year Kellogg jumps on decision to split into......
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Lennar flags home demand cooldown as surging interest rates spook buyers

Reuters
by Reuters00
Signage is seen at The Collection at Morristown, a housing development by Lennar Corporation, in Morristown, New Jersey, U.S., November 13, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register June 21 (Reuters) – U.S. homebuilder Lennar Corp (LEN.N) on Tuesday warned of a downturn in......
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Some shoppers balk at retailers peddling new ‘Juneteenth’ merchandise

Reuters
by Reuters01
NEW YORK, June 19 (Reuters) – Clothing retailer Kohl’s (KSS.N) is offering gray, green and red “Juneteenth 1865” tank tops and t-shirts for juniors and boys for $23.99. JCPenney.com hopes to lure shoppers with dozens of wall hangings featuring abstract graphic designs and silhouettes of Black women, priced at $60......
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Sony, Honda sign JV to sell electric cars by 2025

Reuters
by Reuters01
June 17 (Reuters) – Japan’s Sony (6758.T) and Honda Motor (7267.T) on Thursday officially agreed to an equally owned joint venture that will start selling electric cars in 2025. Honda, like bigger rival Toyota Motor (7203.T), has been slower to shift to electric vehicles (EV) than global automakers and is......
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IKEA puts Russian factories up for sale, plans job cuts

Reuters
by Reuters00
Stores in Russia will remain closed Will seek to sell factories Aims to reduce 15,000-strong workforce Ingka’s 14 “MEGA” shopping malls in Russia to stay open STOCKHOLM, June 15 (Reuters) – IKEA said on Wednesday it would sell factories, close offices and reduce its 15,000-strong workforce in Russia, the latest......
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Macau finalises gaming bill ahead of casino license extension

Reuters
by Reuters01
People wait to get in outside Wynn Palace, U.S. casino tycoon Steve Wynn’s newest resort, during its opening in Macau, China August 22, 2016. REUTERS/Bobby Yip Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 15 (Reuters) – Macau’s legislature released a final draft of a highly......
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U.S. bill to rein in Big Tech backed by dozens of small and big companies

Reuters
by Reuters00
WASHINGTON, June 13 (Reuters) – Dozens of companies and business organizations sent a letter to U.S. Congress members on Monday, urging them to support a bill that would rein in the biggest tech companies such as Amazon.com (AMZN.O) and Alphabet’s (GOOGL.O) Google. Last week, Democratic U.S. Senator Amy Klobuchar and......
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Ferrari names Carla Liuni new chief brand officer

Reuters
by Reuters00
A Ferrari logo is pictured during the ‘Universo Ferrari’ exhibition, in Maranello, Italy, September 9, 2019. REUTERS/Flavio lo Scalzo/File Photo Register now for FREE unlimited access to Reuters.com Register MILAN, June 13 (Reuters) – Ferrari (RACE.MI) on Monday named former jewellery executive Carla Liuni as its new chief brand officer......
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EDF faces probe into practices at Tricastin nuclear plant -whistleblower’s lawyer

Reuters
by Reuters01
View of the reactors buildings at the Tricastin nuclear power plant site in Saint-Paul-Trois-Chateaux, France, June 27, 2019. Picture taken June 27, 2019. REUTERS/Benjamin Mallet/File Photo Register now for FREE unlimited access to Reuters.com Register PARIS, June 9 (Reuters) – French power utility EDF (EDF.PA) faces an investigation into alleged......
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JD Sports, Elite broke law over Rangers FC merchandise pricing, UK watchdog finds

Reuters
by Reuters00
A man walks past a Rangers’ soccer club poster at their Ibrox Stadium in Glasgow, Scotland December 19, 2012. REUTERS/David Moir/ Register now for FREE unlimited access to Reuters.com Register June 7 (Reuters) – Britain’s biggest sportswear retailer JD Sports (JD.L) and rival Elite Sports broke competition law by fixing......
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‘Top Gun’ heirs sue Paramount over ‘Top Gun: Maverick’

Reuters
by Reuters01
June 6 (Reuters) – The family of the author whose article inspired the 1986 Tom Cruise movie “Top Gun” on Monday sued Paramount Pictures for copyright infringement over this year’s blockbuster sequel “Top Gun: Maverick.” According to a complaint filed in Los Angeles federal court, the Paramount Global (PARA.O) unit......
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Factbox: Deadly fires common in Bangladesh, mainly in industrial settings

Reuters
by Reuters01
Drone footage shows smoke rising from the spot after a massive fire broke out in an inland container depot at Sitakunda, near the port city Chittagong, Bangladesh, June 5, 2022 in this still image obtained from a handout video. Al Mahmud BS/Handout via REUTERS Register now for FREE unlimited access......
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Some real estate markets seen falling as global frenzy fades – Reuters poll

Reuters
by Reuters00
BENGALURU/LONDON, June 1 (Reuters) – The global property market frenzy that gathered pace during the pandemic as people scrambled to buy more living space is likely over as interest rates rise, and house price inflation is expected to drop off, Reuters surveys of market experts showed. Huge price rises of......
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