Henry says Spotify CEO Ek contacted Arsenal owners for takeover offer

Spotify (SPOT.N) CEO and founder Daniel Ek has contacted Arsenal owner Stan Kroenke’s family to make an offer to buy the Premier League club but a takeover could be drawn out, former France international Thierry Henry said. Ek said last week he had secured the funds to buy Arsenal, valued at $2.8 billion according to Forbes. British […]

Carbon copy? Pandora takes a shine to lab-made diamonds

Pandora (PNDORA.CO), the jewellery maker best know for its silver charm bracelets, will stop selling mined diamonds and focus on more affordable, sustainable, lab-grown gems, it said on Tuesday. “Diamonds are not only forever, but for everyone,” Pandora Chief Executive Alexander Lacik said as the Danish company launched a new collection of man-made stones. Pandora, which […]

Analysis: Diplomatic dance or standoff? N.Korea and U.S. tread cautious line

While North Korea’s barrage of complaints about U.S. President Joe Biden’s policies over the weekend might appear to be ratcheting up tensions, some signs suggest Pyongyang hasn’t ruled out diplomacy with the new team in Washington. Few observers expect talks to resume soon – both countries are more focused on issues including the coronavirus pandemic […]

Opposition chief calls for lockdown as India’s coronavirus cases cross 20 million

Indian opposition leader Rahul Gandhi called for a nationwide lockdown as the country’s tally of coronavirus infections surged past 20 million on Tuesday, becoming the second nation after the United States to pass the grim milestone. India’s deadly second wave of infections, the world’s biggest surge in coronavirus infections, has seen it take just over […]

Mexico City rail overpass collapses onto road, killing 20 people

Twenty people were killed, including children, and 49 were hospitalised when a railway overpass collapsed onto a busy road in Mexico City on Monday night. Rescue efforts for potential survivors were paused shortly after the accident, authorities said, because of the risk that more of the Metro overpass and train cars could slam down onto […]

The OECD predicts that global GDP will grow by 4.0 percent in 2022

According to the OECD, global GDP could well expand by 5.6 percent this year and will grow exponentially by 4 percent in 2022. The Organization for Economic Cooperation and Development (OECD) is a global company that helps to create an effective infrastructure for better lives. Its mission is to create policies that promote wealth, equal […]

Aviation, travel groups urge fully reopening U.S.-UK travel market

A coalition of U.S. and European travel, airline, union, business and airport groups on Monday called for fully reopening the U.S.-UK air travel market “as soon as safely possible.” In a letter to U.S. President Joe Biden and British Prime Minister Boris Johnson, the groups said the leaders’ planned meeting in early June “would be […]

(OFFICIAL) UK’s Arrival, Uber to develop electric ride-hailing ‘Arrival Car’

British electric van and bus maker Arrival will develop an electric car for Uber Technologies Inc (UBER.N) that will go into production in late 2023, the two companies said on Tuesday. Arrival and Uber will also explore a strategic relationship in key markets, including the United Kingdom and the European Union. The “Arrival Car” will be an […]

G7 mulls a message to China: the West ain’t over just yet

The Group of Seven rich democracies will on Tuesday discuss ways of countering challenges from China and Russia without trying to contain Beijing or escalate tension with the Kremlin, two of its top diplomats said. Founded in 1975 as a forum for the West’s richest nations to discuss crises such as the OPEC oil embargo, […]

Marvel rallies superhero fans to assemble at movie theaters

Walt Disney Co’s (DIS.N) Marvel Studios on Monday encouraged superhero fans to return to movie theaters, a show of support for pandemic-battered cinemas trying to stage a comeback amid competition from streaming services. “See you at the movies,” said a three-minute-long trailer designed to stir excitement for 10 upcoming Marvel films including “Black Widow,” “Eternals” and a […]