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Man joins VIP convoy, hugs German chancellor; security breach under investigation
Man joins VIP convoy, hugs German chancellor; security breach under investigation
German police have been left red-faced after a member of the public was able to slip into a VIP convoy for Chancellor Olaf Scholz and then give him a hearty hug as he prepared to board a plane at Frankfurt Airport
2023-05-26 15:49
China curbs drone exports over 'national security concerns'
China curbs drone exports over 'national security concerns'
China will place export controls on drone and drone equipment in order to "safeguard national security and interests," its commerce ministry announced Monday, in a move that could impact the war in Ukraine.
2023-08-01 15:29
Ukraine says eight villages retaken from Russian forces in two weeks
Ukraine says eight villages retaken from Russian forces in two weeks
By Tom Balmforth and Pavel Polityuk KYIV (Reuters) -Ukraine said on Monday it had driven Russian forces from an eighth
2023-06-19 18:45
Lala Kent feels she shouldn't have been so critical of Raquel Leviss at 'Vanderpump Rules' reunion, says 'I felt dirty'
Lala Kent feels she shouldn't have been so critical of Raquel Leviss at 'Vanderpump Rules' reunion, says 'I felt dirty'
'It can be rough and you have to know when you're on a show like this and you make bad decisions,' said Raquel Leviss
2023-06-10 03:17
White House proposes transportation, commerce agencies handle new space regulations
White House proposes transportation, commerce agencies handle new space regulations
By Joey Roulette NEW YORK The Biden administration on Wednesday released a long awaited proposal to split regulatory
2023-11-15 23:15
Offshore Typhoon Mawar lashes eastern Taiwan, northern Philippines as it heads for southern Japan
Offshore Typhoon Mawar lashes eastern Taiwan, northern Philippines as it heads for southern Japan
Typhoon Mawar lashed Taiwan’s eastern coast with wind, rains and large waves Tuesday but largely skirted the island after giving a glancing blow to the northern Philippines
2023-05-30 13:16
James Buckley, former US senator, dies at 100
James Buckley, former US senator, dies at 100
James Buckley, a former conservative US senator and a Reagan-appointed federal judge, has died, the Conservative Party of New York State confirmed to CNN on Friday. He was 100.
2023-08-19 06:52
Taylor Swift and Travis Kelce send fans into a frenzy as they hold hands in PDA photos from first public outing
Taylor Swift and Travis Kelce send fans into a frenzy as they hold hands in PDA photos from first public outing
Taylor Swift and Travis Kelce went out for dinner on Saturday night
2023-10-15 15:47
Adidas to sell Yeezy shoes and donate proceeds months after Kanye West split
Adidas to sell Yeezy shoes and donate proceeds months after Kanye West split
After months wrestling over the fate of milions of unsold Yeezy shoes, Adidas has decided to sell a portion of its remaining inventory and donate the proceeds to chartitable organizations, CEO of the German sportbrand Bjørn Gulden said Thursday. Adidas cut ties with Ye, the rapper formerly known as Kanye West, in late October, following his antisemitic comments on social media and in interviews. As a result, the fate of 1.2 billion euros ($1.3 billion) worth of the unsold Yeezys, a lucrative sneaker line launched with Ye, was unknown. At Adidas' annual shareholders meeting, Gulden said the company had spent months trying to find solutions. The CEO also added that Adidas spoke to NGOs and organizations that were harmed by Ye's comments and actions. “Burning those shoes cannot be the solution,” Gulden said, noting that Adidas was going to try to sell part of the remaining Yeezy inventory and “donate money to the organizations that help us and were harmed by what Ye said.” Exact details of this plan — including how many shoes will be sold and the timeline of selling them — remain unknown. Gulden said the company will provide updates as they moves forward. The move comes as Adidas is trying to stage a comeback and move beyond the Yeezy partnership. Cutting ties with Ye has cost Adidas hundreds of millions of dollars — with the company taking a loss of 600 million euros ($655 million) in sales for the last three months of 2022, helping drive the company to a quarterly net loss of 513 million euros. Adidas reported 400 million euros ($441 million) in lost sales at the start of 2023, the company announced last week. Net sales declined 1% in the first quarter, to 5.27 billion euros, and would have risen 9% with the Yeezy line, the company said. It reported a net loss of 24 million euros, a plunge from a profit of 310 million euros in the same period a year ago. Operating profit, which excludes some items like taxes, was down to 60 million euros from 437 million euros a year earlier. Meanwhile, Adidas is also facing a class-action lawsuit from investors who allege the company knew about offensive remarks and harmful behavior from Ye, years before terminating its pact with him. Adidas has pushed back on the allegations made in the lawsuit. Still, Gulden reminded investors that the nine-year partnership Adidas and Ye was “sensational." While he noted that Ye is a difficult person, “he's the most creative person in our industry,” Gulden said. “He created a model with Adidas that was sought after around the world.” But he added, “We lost that in a month." _________ AP Business Writer David McHugh in Frankfurt, Germany, and AP Retail Writer Anne D'Innocenzio in New York contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Adidas breakup with rapper Ye, lost Yeezy sales hit earnings Putin’s spokesman threatens ‘adequate response’ over UK missile pledge – live Boost for Erdogan rival as struggling candidate quits Turkish election race
2023-05-12 11:49
Romanian court releases influencer Andrew Tate from house arrest pending trial
Romanian court releases influencer Andrew Tate from house arrest pending trial
BUCHAREST A Bucharest court ruled on Friday to release internet personality Andrew Tate from house arrest where he
2023-08-04 17:54
US Senate to take up Israel, Ukraine aid as soon as next week - Schumer
US Senate to take up Israel, Ukraine aid as soon as next week - Schumer
By Patricia Zengerle and Katharine Jackson WASHINGTON (Reuters) -The U.S. Senate will begin consideration of legislation including aid for Israel
2023-11-29 05:23
Pakistan faces last IMF board review before passing crucial budget
Pakistan faces last IMF board review before passing crucial budget
KARACHI, Pakistan Pakistan can have only one remaining board review under the current bailout package of the International
2023-06-08 12:54