Pandora shares drop after weak guidance - Reuters
COPENHAGEN (Reuters) - Shares in Pandora ( PNDORA.CO ) fell 7% on Tuesday after the jewellery maker said it expected sales to decline this year by up to one-fifth, despite having reopened nearly all its stores.
Pandora said late on Monday it expected stronger sales in the second half of the year compared with the first six months, despite having to close some shops
Under-fire Williamson defends government over exams fiasco - Reuters UK
LONDON (Reuters) - Britain’s education minister tried on Tuesday to defend a U-turn over a school exam grading system used to replace cancelled tests, which opponents said was another example of the government’s incompetent handling of the COVID-19 pandemic.
On Monday, the government ditched a mathematical model used to assess
Ligue 1 opener postponed after Marseille report four COVID-19 cases - Reuters India
PARIS (Reuters) - Ligue 1’s opening match of the new season has been postponed from Friday night after Olympique de Marseille said they had confirmed four cases of COVID-19, French professional soccer’s governing body the LFP said on Tuesday.
“In view of medical results passed on by Olympique Marseille (...) the LFP has decided to postpone the Olympique de Marseille/AS Saint-Etienne game to Sept 16 or Sept 17”, the LFP said in statement.
The game
Japan's low jobless rate masks deepening worker despair - Reuters Canada
TOKYO (Reuters) - Japan’s low unemployment rate on paper suggests an economy weathering the coronavirus reasonably well, but official figures belie worsening prospects for the country’s army of temporary workers, who make up about 40% of the jobs market.
Norway wealth fund sees turbulent times ahead on financial markets - Reuters
OSLO (Reuters) - Norway’s $1.15 trillion wealth fund expects more turmoil on financial markets as the world continues to fight the COVID-19 pandemic, a top fund official said on Tuesday, after it posted a 188-billion-crown loss ($21 billion) in the first half of 2020.
'Impossible' that Beirut port blast was caused by Hezbollah arms, says president - Reuters Canada
ROME (Reuters) - Lebanese President Michel Aoun dismissed as “impossible” the chance that a vast explosion in Beirut’s port this month was caused by a blast from a deposit of Hezbollah arms, but said that all possibilities would be investigated.
Lebanese authorities are probing what caused massive amounts of ammonium nitrate warehoused unsafely for years at the port
Indian court refuses to allow reopening of Vedanta's copper smelter - Reuters
CHENNAI (Reuters) - An Indian court on Tuesday refused to allow the reopening of Vedanta’s south Indian copper smelter, more than two years after it was closed because of pollution concerns that triggered violent protests.
Tech-fuelled 'everything's awesome' rally looks unstoppable - Reuters
LONDON (Reuters) - Today’s $72 trillion question for investors: To buy or not to buy into the global equities rally? Notwithstanding inflated share prices, politics and the pandemic, the answer from many is a resounding “yes.”
That’s not just because unprecedented stimulus - $20 trillion and counting - is forcing
Indonesia posts largest trade surplus in 9 years in July - Reuters India
JAKARTA (Reuters) - Indonesia posted its biggest trade surplus in nine years in July, as exports improved while domestic demand for imports remained subdued amid the coronavirus pandemic, data from the statistics bureau showed on Tuesday.
Southeast Asia’s largest economy reported a $3.26 billion surplus in July, the bureau said, the biggest since August, 201
New U.S. curbs to slam Huawei, hurt suppliers in short term - Reuters
SHANGHAI/SEOUL (Reuters) - Ramped-up U.S. restrictions on Huawei are likely to choke the Chinese company’s access to even off-the-shelf chips, threaten its crown as the world’s largest smartphone maker and disrupt global tech supply, executives and experts warned.
The Trump administration expanded its curbs on Huawei on Monday