Month: July 2021

Bill Ackman’s Pershing Square has been forced to restructure a $ 4 billion deal to buy a 10% stake in Universal Music, the company behind artists like Taylor Swift, after U.S. regulators were opposed to the original form of the agreement. Pershing had agreed last month to buy the stake in Universal-owned Vivendi through a […]

Ermenegildo Zegna, the Italian luxury fashion group, has agreed to go public by combining with a US special purpose acquisition company in an agreement that gives the company a value of $ 3.2 billion and involves the consolidation trend that drags the luxury industry. Zegna, a family business since its founding in 1910, will raise […]

Tokyo’s dreams of preparing smoothly for Friday’s Olympic opening ceremony have been shattered by a record number of Covid-19 infections, an alleged rape, a harassment scandal and a weightlifter. disappeared. Just four days before the start of what the head of the International Olympic Committee has described “The most complex” Games organized never, organizers said […]

Samarco, an iron producer responsible for one of Brazil’s worst environmental disasters, has accused creditors of an “unfortunate attempt” to break a restructuring that, according to the miner, will safeguard thousands of jobs. Criticism of Samarco, a joint venture between global mining groups Vale and BHP, comes after lawyers for a group of creditors, including […]

New York State reported more than 1,000 new cases of Covid-19 in one day for the first time since mid-May, as cases increased amid slowing vaccination rates, the spread of the variant Delta and the relaxation of social measures. Officials reported 1,156 new positive cases, representing a positivity rate of 1.39% and an average seven-day […]

U.S. business groups say a Biden administration warning about the risks of operating in Hong Kong has made life difficult for them as they navigate China’s security crackdown. Citing the introduction of a tough national security law in Chinese territory last year, the US “Business advice” on Friday warned of increased surveillance of trade data, […]

According to an investigation released on Sunday, a spyware tool licensed by Israeli company NSO Group was used to target the smartphones of 37 journalists, human rights activists and other prominent figures. The report got a quick response from the OSN, which claimed it was “full of wrong assumptions and uncorroborated theories.” The investigation was […]

One of the party’s negotiators said Republican senators have rejected a plan to spend $ 40 billion more on tax enforcement to help pay for a $ 1 billion bipartisan infrastructure package. Rob Portman, an Ohio Republican senator and one of 22 members who negotiated the deal, said Sunday that his colleagues had decided not […]

Three of Britain’s top cabinet ministers, including Prime Minister Boris Johnson, will be isolated on Monday in England’s so-called “Freedom Day”, highlighting the rise in Covid-19 cases just as the country launches its latest pandemic restrictions. Johnson and Chancellor Rishi Sunak were forced to make a humiliating turn Sunday after facing a backlash against plans […]

More U.S. cities are likely to reimpose mask mandates in the coming months, the U.S. surgeon general has warned, as alarm grows at the head of the Biden administration over the spread of the Covid variant. -19 Delta. Dr. Vivek Murthy said Sunday that other parts of the U.S. will likely have to follow the […]