Reality puts an end to some Qatari dreams of World Cup rental bonanza

Reality puts an end to some Qatari dreams of World Cup rental bonanza

Agency says Qatar hotel group demanded new payments Some rates have been reduced, but many properties are vacant Broker says some landlords were seeking unrealistic rents DOHA, Nov 25 (Reuters) – Qatar has faced an unexpected oversupply of rooms in the busy group stage of the World Cup, with online portals showing rooms in at … Read more

Activists exacerbate art insurers’ climate headaches

Activists exacerbate art insurers’ climate headaches

Concern that other groups could join attacks Some insurers only cover working behind glass Inflation will also lead to higher premiums The risk of flooding and fire damage creates even more pressure LONDON, Nov 25 (Reuters) – Climate activists’ attacks on some of the world’s most precious paintings have exacerbated insurers’ concerns about the threat … Read more

Analysis: Out of fashion: Gucci faces the huge task of replacing top designer

Analysis: Out of fashion: Gucci faces the huge task of replacing top designer

PARIS, Nov. 25 (Reuters) – The abrupt departure from Gucci of Alessandro Michele, the flamboyant designer who was a favorite of Harry Styles and Lady Gaga, is heightening the pressure on owner Kering (PRTP.PA) as it faces slowing sales growth at the Italian fashion house. The news of the creative director’s departure after seven years … Read more

Adidas launches investigation into allegations of misconduct against Kanye West

Adidas launches investigation into allegations of misconduct against Kanye West

Nov 24 (Reuters) – Adidas AG (ADSGn.DE) said on Thursday it has launched an investigation into allegations of inappropriate behavior by Kanye West after the German sporting goods manufacturer ended its partnership with the rapper and fashion designer last month. Adidas said it initiated the investigation after receiving an anonymous letter containing several allegations against … Read more

Ronaldo leaves Manchester United after criticism of the club

Ronaldo leaves Manchester United after criticism of the club

Nov 22 (Reuters) – Manchester United striker Cristiano Ronaldo will leave with immediate effect, the Premier League team said on Tuesday, marking a bitter end to the Portuguese captain’s second spell at Old Trafford after he said he felt betrayed by the club. An explosive interview with TalkTV this month – in which Ronaldo also … Read more

In a cold Ukrainian village, Banksy mural offers a warm bath

In a cold Ukrainian village, Banksy mural offers a warm bath

HORENKA, Ukraine, Nov 21 (Reuters) – As they face a cold winter, residents of a bombed-out Ukrainian village say they appreciate a warm bath in a mural painted by graffiti artist Banksy. The mural, which shows a man scrubbing his back in a bathtub, is on the ground floor of the remains of an apartment … Read more

Iranians choose not to sing the national anthem at the World Cup

Iranians choose not to sing the national anthem at the World Cup

DOHA, Nov 21 (Reuters) – Iran’s national football team chose not to sing their country’s national anthem before their opening match against England on Monday, in a clear show of support for protesters at home. All eleven starting players were silent as the national anthem was played at the Khalifa International Stadium. More than two … Read more

Simon & Schuster to botch sale to Penguin, sources say

Simon & Schuster to botch sale to Penguin, sources say

NEW YORK, Nov 20 (Reuters) – Book publishing powerhouse Simon & Schuster will collapse its $2.2 billion sale of Penguin Random House on Monday, opening the door for a new suitor to try to strike a deal close, according to people familiar with the matter. The acquisition was blocked on November 1 by a federal … Read more

No alcohol sales permitted at Qatar’s World Cup stadium sites

No alcohol sales permitted at Qatar’s World Cup stadium sites

DOHA Nov 18 (Reuters) – Alcoholic beer will not be sold at Qatar’s World Cup stadiums, world soccer governing body FIFA said on Friday, a last minute reversal which raised questions among some supporters about the host country’s ability to deliver on promises to fans. The announcement comes two days before Sunday’s kickoff of the … Read more

The UK’s NICE advises against the use of 5 COVID treatments by the NHS as not cost-effective

The UK’s NICE advises against the use of 5 COVID treatments by the NHS as not cost-effective

LONDON, Nov 16 (Reuters) – The UK’s agency that determines whether medicines should be used in the National Health Service (NHS) has recommended stopping use of five COVID-19 treatments, including Merck & Co’s antiviral (MRK.N). pill for high-risk patients, citing cost-effectiveness concerns. The assessment, conducted by the National Institute for Health and Care Excellence (NICE) … Read more