Germany’s Scholz wants global tax floor to stop evasion
In a guest article for the Sunday paper, extracts from which were made available on Saturday, Scholz fleshed out proposals that he was considering jointly with France to…
Germany’s Soex to recycle Mercedes-Benz shoes
During a tour of its site in Wolfen (near Leipzig) in 2021, Soex explained that it was heavily relying on its ability to transform end-of-life shoes into new…
Hermès begins construction of twentieth leather goods workshop in France
“The proximity of the two Normandy-based factories will promote the transmission of saddlery and leatherwork culture between artisans, as well as the study of the unique Hermès know-how…
Investors pump money into buoyant retail parks – report
And that success drew strong investment last year, attracting twice as much money to out-of-town retail parks than in the year before, “reflecting confidence in the City that…
Johnson & Johnson’s baby shampoo samples fail Indian quality test; company rejects findings
This comes just a few months after Indian authorities launched an investigation into J&J’s Baby Powder to see if it contains cancer-causing asbestos. J&J said in late February…
Johnson & Johnson says new tests show no asbestos in Johnson’s Baby Powder
A total of 155 tests were conducted by two different third-party labs using four different testing methods on samples from the same bottle tested by the FDA’s contracted…
More full-price sales mean small UK fashion bounce-back says study
That’s how much the UK clothing, footwear and accessories market grew in the year to 24 September 2017, following 16 periods of decline dating back to June 2016. Market…
Record passengers as airline industry recovers from pandemic
The International Air Transport Association (IATA), in its traditional review of industry trends as the year draws to a close, said more normal growth patterns were expected from…
U.S. regulators approve $5 billion Facebook settlement over privacy issues
The FTC has been investigating allegations Facebook inappropriately shared information belonging to 87 million users with the now-defunct British political consulting firm Cambridge Analytica.The probe has focussed on…
U.S. bankruptcy judge approves sale of Sears to Chairman Lampert
Judge Robert Drain approved the sale after a hearing spanning several days in a White Plains, N.Y., federal bankruptcy court. He overruled objections, including from an unsecured creditors…