Stories for 2019

Wednesday, October 9th 2019 - 09:30 UTC
Levi Strauss suffers reduced sales in its main market, the Americas

Levi Strauss & Co reported a 4% drop in third-quarter profit on Tuesday, as the denim apparel maker struggled to grow its wholesale business in the Americas, where it generates most of its revenue. Reduced shipments to off-price stores and the impact of delayed acquisition of a South American distributor drove net revenue down about 3% in the region, the first fall since the 165-year-old company went public in March.
Wednesday, October 9th 2019 - 09:26 UTC
Oil spill in 130 Brazilian northeast beaches, “the worst environmental tragedy”

The source of large blots of oil staining more than 130 beaches in northeastern Brazil remained a mystery on Tuesday despite President Jair Bolsonaro's assertions they came from outside the country and were possibly the work of criminals. Tamar, a group dedicated to the protection of sea turtles, said the oil spills were “the worst environmental tragedy” it has encountered since its formation in 1980.
Wednesday, October 9th 2019 - 09:15 UTC
Johnson & Johnson must pay US$ 8 billion punitive damages for Risperdal drug

Johnson & Johnson must pay US$8 billion in punitive damages to a man who previously won US$680,000 over his claims that it failed to warn that young men using its antipsychotic drug Risperdal could grow breasts, a Philadelphia jury said on Tuesday.
Wednesday, October 9th 2019 - 09:11 UTC
Brexit “revenge”: someone in Britain won Euro Millions jackpot with €190 million

Someone in Britain became €190 million (US$208 million) richer on Tuesday when they won the maximum EuroMillions jackpot, the lottery company announced.
Wednesday, October 9th 2019 - 09:02 UTC
A US$ 840.000 Swiss watch nabbing in Paris; 71 such robberies this year

A Japanese man who stepped out of his Paris hotel for a cigarette was robbed of his US$840,000 Swiss watch by a thief who snatched it off his wrist, police sources said on Tuesday.
Wednesday, October 9th 2019 - 08:50 UTC
Sterling tumbles as Merkel admits a Brexit deal was “overwhelmingly unlikely”

The British pound tumbled on Tuesday after German Chancellor Angela Merkel reportedly warned that a Brexit deal was “overwhelmingly unlikely”, further stoking fears of a disorderly and costly departure from the EU.
Wednesday, October 9th 2019 - 08:42 UTC
New CEO for Norwegian Cruise Line, Harry Somer

A succession plan for the CEO of Norwegian Cruise Line has been in the works for several years, said Frank Del Rio, CEO of Norwegian’s parent company. It was announced on Tuesday that the current CEO, Andy Stuart, will be stepping down from his post at the end of this year.
Tuesday, October 8th 2019 - 09:56 UTC
Uruguayan election: “a ponies race, no thoroughbreds competing”

On Sunday 27 October the Uruguayan electorate will be voting for a new president (there is no immediate reelection) and a renewed Legislative, 30 Senators and 99 Lower House members. Uruguay is one of the more stable countries in the region, both it's solid institutions as well as its citizens who are deeply committed to democracy, social rights and a strong presence of government in the economy.
Tuesday, October 8th 2019 - 09:54 UTC
Clashes in Ecuador as big march approaches Quito to protest rising fuel prices

Hundreds of indigenous people and farmers clashed with Ecuadoran security forces on Monday as they marched toward the capital Quito to protest against rising fuel prices.
Tuesday, October 8th 2019 - 09:49 UTC
Trump must hand over eight years of tax returns to prosecutors, rules federal judge

A federal judge on Monday said US President Donald Trump must hand over eight years of tax returns to Manhattan prosecutors, forcefully rejecting the president's argument that he was immune from criminal investigations.