BEIJING, Sept 21 (Reuters) – A fire that broke out at a textile factory in the Chinese city of Foshan in southern Guangdong province on Sunday killed eight people and injured one, state media said on Monday. The fire broke out at 3:12 p.m. (0712 GMT)…
Sept 21 (Reuters) – British sportswear retailer JD Sports on Monday announced its expansion into Mexico through a long-term franchise partnership with fashion retailer Grupo Axo, betting on strong demand from Mexico’s growing young population. Here are some more details: • JD cut its profit…
BEIJING, Sept 21 (Reuters) – Chinese President Xi Jinping will pay a state visit to the US from September 23 to 25 at the invitation of President Donald Trump, China’s Foreign Ministry said in a statement on Monday. During the visit, Xi “will hold in-depth exchanges…
BERLIN, Sept 21 (Reuters) – Porsche CEO Michael Leiters told staff there were no plans to cut an additional 4,000 jobs at the Volkswagen sports car subsidiary, according to an internal memo seen by Reuters on Monday. The CEO was responding to a Handelsblatt report…
FRANKFURT, Sept 21 (Reuters) – Shares in Europe’s top automaker Volkswagen continued to fall on Monday, following a profit warning that included a €6 billion ($6.88 billion) goodwill impairment at luxury sportscar division Porsche Volkswagen on Friday cut its profit margin outlook for 2026 to…
BERLIN (AP) — German Chancellor Friedrich Merz faced a struggle to stabilize his position and keep his agenda on track Monday after voters inflicted two more defeats on his party, ejecting it from a state legislature for the first time. The unpopular Merz vowed to…
ISLAMABAD (AP) — Pakistani jet fighters carried out airstrikes Monday on what security officials described as suspected militant hideouts in eastern Afghanistan, and claimed 28 of them were killed. Authorities in Kabul said at least three people were killed. The strikes near the frontier between…
HONG KONG (AP) — Asian shares mostly advanced Monday as investors monitor updates ahead of the expected meeting between U.S. President Donald Trump and Chinese leader Xi Jinping this week in Washington which could cover trade, artificial intelligence and geopolitics. U.S. futures were higher, after…
SEOUL, Sept 21 (Reuters) – North Korea said on Monday it would not tolerate what it called hostile forces’ efforts to curb Pyongyang’s cooperation with other countries, adding that no new sanctions would block its development or defence of its core interests, state media KCNA reported,…
Sept 21 (Reuters) – Presley Gerber, the son of supermodel Cindy Crawford, died on Sunday aged 27. The Los Angeles Medical Examiner in its report indicated that he died in a rehabilitation facility. It did not provide a cause of death. Gerber was the eldest…