Business

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

MILAN (AP) — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4 billion) deal that puts the fashion house known for ...

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US envoy Witkoff will meet Putin in Moscow while Zelenskyy tours Europe as peace efforts press ahead

US envoy Witkoff will meet Putin in Moscow while Zelenskyy tours Europe as peace efforts press ahead

U.S. special envoy Steve Witkoff was due to meet with Russian President Vladimir Putin in Moscow on Tuesday, taking to the Kremlin an embryonic peace plan that Washington hopes can bring about an ...

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Bulgaria’s government withdraws controversial budget after major protests

Bulgaria’s government withdraws controversial budget after major protests

SOFIA, Bulgaria (AP) — Bulgaria’s government said Tuesday it is withdrawing a controversial budget proposal after protests against it drew tens of thousands of people and saw clashes between polic...

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Deadly Hong Kong apartment fire raises questions over corruption and lax safety

Deadly Hong Kong apartment fire raises questions over corruption and lax safety

HONG KONG (AP) — Uncomfortable questions are being raised over who is to blame for Hong Kong’s deadliest blaze in decades. As the territory mourns over the high-rise apartment fire that killed at ...

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Another Russian tanker attacked in the Black Sea

Another Russian tanker attacked in the Black Sea

ANKARA, Turkey (AP) — A tanker carrying sunflower oil from Russia to Georgia was attacked in the Black Sea, the Turkish maritime authority said Tuesday, days after two Russian “shadow fleet” oil t...

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AI could cause a ‘Great Divergence’ between rich and poor, UN report says

AI could cause a ‘Great Divergence’ between rich and poor, UN report says

BANGKOK (AP) — Behind the hoopla over the promise of artificial intelligence lay difficult realities, including how such technology might affect people already disadvantaged in a data-driven world...

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