U.S. retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British brand launched in the east end of London and made famous by celebrity fans including Princess Diana.
IMF could Move to Beijing in a decade – IMF Chief
The International Monetary Fund could be based in Beijing in a decade if growth trends for China and other big emerging markets continue and these are reflected in the Fund's voting structure, IMF Managing Director Christine Lagarde said on Monday, according to Reuters.
Trump’s Spokesman, Sean Spicer, Resigns
The White House Press Secretary, Sean Spicer, has resigned, reportedly in protest over a shake-up of the communications team.
Uruguay Begins Sale Of Cannabis In Pharmacies
Pharmacies in Uruguay on Wednesday began selling cannabis (popularly called Indian hemp) directly to consumers, culminating in a long and pioneering legalisation effort that began over three years ago.
US Congress To Punish Russia For Election Meddling
Leaders of both parties in the US Congress have agreed on legislation that allows fresh sanctions to punish Russia for alleged election meddling.
John Mccain Diagnosed With Brain Cancer
Former Republican presidential candidate and Arizona Senator, John Mccain has be diagnosed with brain cancer known as glioblastoma. According to The Guardian, the development was made known in a statement issued by a Mccain's office. The statement hinted that the 80 year old Senator was recuperating fast and would resume legislative duties soon.
Hillary Clinton's Approval Rating Drops
Latest national poll conducted by Bloomberg indicates that the approval rating of Hillary Clinton, the former Presidential Candidate in the last US election has dropped significantly. Figures obtained from the report revealed that only 39% of Americans currently view the Former Secretary of State favorably, two points lower than President Trump’s 41%.