Business

Mediobanca, top investor Del Vecchio reach truce on bylaws changes

MILAN (Reuters) – Mediobanca on Friday endorsed a request by its top shareholder Leonardo Del Vecchio to ditch a rule reserving up to three board seats to managers of the Italian merchant bank.FILE PHOTO: Italy’s Mediobanca headquarters is seen in Milan, Italy, November 8, 2019. REUTERS/Flavio Lo Scalzo/File PhotoWelcoming the decision “with deep satisfaction,” Del […]

Business

U.S. Treasury's Yellen cites need for compromise on digital service taxes in call with French counterpart

Slideshow ( 2 images )WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen, in a call on Friday with French Finance Minister Bruno Le Maire, stressed the importance of reaching a compromise on the withdrawal of digital services taxes, the Treasury Department said in a statement. Yellen also conveyed appreciation for Le Maire’s dedication to the […]

World News

Covid 19 Australia: NSW records 1351 cases, 12 deaths; Victoria records 514 cases

New South Wales has recorded 1351 new local cases of Covid-19. Twelve Covid-related deaths were also reported by NSW Health. The deaths include a man in his 40s, a man in his 50s, two men in their 60s, two women in their 60s, a man in his 70s, a woman in her 70s, three women […]

Analysis & Comment

Carlyle revives $1.2 billion sale of lingerie firm Hunkemoller – sources

AMSTERDAM (Reuters) – U.S. private equity firm Carlyle is reviving plans to sell Netherlands-based lingerie chain Hunkemoller that were delayed by the pandemic, two people close to the matter told Reuters, in a deal that could top 1 billion euros ($1.2 billion).FILE PHOTO: The logo of the Carlyle Group is displayed at the company’s office […]

Politics

Thomas Coughlan: Act and Greens agree on counter terrorism laws; they may have a point

OPINION: When parties as ideologically disparate as the Greens and Act line up on the same side of an issue, you know there must be something to it. In this case, both parties have a strong point to make that the Government, supported by the National opposition, should not rush through changes to our counter […]

World News

Tuna recovering, but rising sea levels endangering Komodo dragon

GENEVA (REUTERS) – The populations of four of the most commercially fished tuna species are showing signs of recovery but rising sea levels mean the Komodo dragon is now classed as endangered on the latest Red List of species at risk of extinction. The International Union for Conservation of Nature (IUCN) that compiles the list […]

World News

Covid 19 Australia: NSW records 1288 cases and seven deaths, Victoria gives up on elimination

New South Wales has recorded 1288 new local cases of Covid-19 and seven deaths. There have been 107 Covid-related deaths since the Sydney outbreak began in mid-June, and there are currently 957 people hospitalised with Covid-19 in NSW, 160 of whom are in ICU. NSW Premier Gladys Berejiklian said yesterday the state was getting ready […]

Politics

Audrey Young: Pressure on Judith Collins to make recall of Parliament worth it

Opposition leader Judith Collins has taken a big risk in forcing the reopening of Parliament this week in the midst of the lockdown for a Delta case of Covid. Her judgment is on trial – as will be her performance when Parliament resumes at 2pm on Tuesday. That performance needs to be pretty special to […]

Politics

Coronavirus Covid-19: Why the Auckland community case could trigger a swift move to lockdown

Last week Covid-19 Response Minister Chris Hipkins told us to expect an alert level 4 lockdown if any Delta cases pop up in the community. Now we have a community case in Auckland with no link to the border yet, which has triggered an emergency meeting of senior ministers. If it is a case of […]

World News

I-70 closed through Glenwood Canyon due to mudslides, flash-flood threat

Interstate 70 is once again closed through Glenwood Canyon due to mudslides and flash-flood concerns. The Colorado Department of Transportation announced the closure before 9 p.m. on Tuesday and it remains closed Wednesday morning. The roadway is closed at Exit 87 (West Rifle), Exit 109 (Canyon Creek), Exit 116 (Glenwood Springs) and Exit 133 (Dotsero), […]