Tag: million
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Ukraine’s farmers struggle to sell harvest amid war, drought
Russian attacks on ships and ports in the Black Sea are threatening Ukraine’s agricultural sector. Grain exports are severely restricted, and Kyiv is seeking solutions.
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Eric Trump-backed Space-Eyes to appoint ex-Delta Force officer and ex-banker, sources say
NEW YORK, Aug 21 : Drone technology company Space-Eyes, backed by Eric Trump, will appoint a former Delta Force officer, a former Morgan Stanley investment banking chief and two others to its post-merger board as it prepares to become a public company, according to two people familiar with the matter.Space-Ey
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Spurs reported to have agreed £75 million deal for City’s Savinho
Aug 21 : Tottenham Hotspur have agreed a deal worth £75 million ($102 million) to sign Manchester City winger Savinho, British media reported on Friday.The agreement was reported to include a further £10 million in add-ons and comes a year after Spurs’ unsuccessful attempt to sign the Brazil international.
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US Open announces record $108 million prize purse
Aug 20 : The U.S. Open will hand out $108 million in prize money at this year’s final Grand Slam, it said on Thursday, marking the largest purse in tennis history and a 20 per cent jump from last year’s total payout.The men’s and women’s singles champions at the August 23 to September 13 major…
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France fines Boohoo €2.3 million over deceptive discounts on website
PARIS, Aug 20 : France’s consumer watchdog fined British fast-fashion retailer Boohoo €2.3 million ($2.69 million) for deceptive practices such as fake discounts on its website, it said on Thursday.Boohoo exaggerated the discounts it was offering, giving shoppers a false impression of the savings they were
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As drought hits Germany’s harvest, will food prices rise?
Germany’s main farmers’ association has warned of a below-average harvest after drought and crops damaged by extreme heat. DW looks into what lower yields could mean for food prices and grocery bills.
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Klarna trims full-year revenue, volume outlook as German retail weakens
STOCKHOLM, Aug 18 : Klarna, the Swedish “buy now, pay later” services provider and online bank, cut its full-year volume and revenue forecast on Tuesday, citing conditions in Germany, its largest market, sending its shares down 17 per cent in premarket trading.The guidance overshadowed its surprise second-qua
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Italy: Thieves steal key Renaissance paintings in Sicily
Four Renaissance paintings by Antonello da Messina were stolen from his Sicilian hometown on Saturday after surviving earthquakes and centuries of history. Crooks took them while locals celebrated a religious holiday.
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Alphabet’s SpaceX bet grows 100-fold over a decade to $94 billion
Aug 14 : Alphabet’s early bet on SpaceX has multiplied more than 100-fold, with the Google parent disclosing a stake worth about $94 billion at the end of June compared with the $900 million investment it said it made in Elon Musk’s rocket company in 2015.Alphabet has emerged as by far the largest single inst
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Gulf states scramble for Strait of Hormuz alternatives
Saudi Arabia has redirected oil exports away from the Strait of Hormuz, but most Gulf producers still lack a reliable backup option to the world’s most important energy choke point.
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