A scaled-back London Fashion Week opened with catwalk shows on Friday but without after-show parties following the death of Queen Elizabeth II and with a pause planned for her funeral next week.. But the death of the queen, aged 96, on September 8 has seen the industry showpiece scaled-back, with high-fashion brands including Burberry and Raf Simons cancelling their shows.
Many things are on pause while Britain mourns Queen Elizabeth II, but the concerns of shoppers at a popular London market highlighted that the cost-of-living crisis was not among them.. In the midst of the tributes to Elizabeth II, a few rare voices regretted that politicians were focussed on her death and parliament paused despite the urgency of the economic crisis.
Sierra Leone is to delay the phaseout of its old currency until next spring, the central bank said.. The transition period was due to end on October 1, when the old leone ceased to be legal tender, but has now been extended for six months, the bank announced late Thursday.
Nobel laureate economist Joseph Stiglitz says the world's energy giants should pay a special tax on their massive profits.. - Global tax - But Stiglitz says energy firms are not the only companies that should face new taxes.
A man held up a Lebanese bank to withdraw his frozen savings Friday, the latest in a string of "depositor heists" in the crisis-hit country that have garnered wide public support.. The raids are seen as mostly acts of desperation by Lebanese depositors who do not have criminal records and are trying to settle bills, drawing wide sympathy from the general public.
Around 1,000 flights to and from France were cancelled Friday as the country's air traffic controllers went on strike, with their action also causing delays across European airspace.. Air France dropped around half its 800 planned services Friday, while Europe's largest airline Ryanair said it had cancelled 420 flights overflying or landing in France.
Consumers and businesses around the world are facing steeper prices for everything from Mexico's beloved tortillas to the aluminium cans used by beer companies.. - Beer - Brewers have been hit with not only rising grain prices, but also for the aluminium cans and glass bottles for their beer.
Indian industrialist Gautam Adani briefly became the world's second-richest person on the Forbes real-time billionaire tracker on Friday, weeks after becoming the first Asian to break into the top three.. Arnault -- who at times held the top spot in May 2021 -- and Adani traded the number two position during the day as the share prices of their companies fluctuated.
Berlin on Friday took control of the German operations of Russian oil firm Rosneft to secure energy supplies which have been disrupted after Moscow invaded Ukraine.. The refineries' operations had been disrupted as the German government decided to slash Russian oil imports, with an aim to halt them completely by year's end.
Sitting on the side of a Jakarta road anxiously waiting for his phone to ping, driver Muhammad Ridwan says it is now barely worth hurtling through thick smog every day to ferry passengers.. "It significantly burdens me whenever I buy fuel these days," said 38-year-old Grab driver Iwan Nur Akbar, who had waited an hour for an order to ping on his phone.
