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Mulberry reported a 19% revenue decline to £56.1 million for the six months ending September 28, 2024, amid a challenging luxury market. Newly appointed CEO Andrea Baldo announced a strategic overhaul, including cutting 85 jobs, as the company seeks to return to profitability in a difficult economic environment.
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As the IMF hosts its annual meetings, it highlights significant risks to global economic stability, including high public debt, potential trade wars, and geopolitical tensions. The IMF projects global growth at 3.2% for 2024, but warns of downside risks, particularly from the US elections and Middle East conflicts.
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On October 30, 2024, the Tokyo High Court declared Japan's ban on same-sex marriage unconstitutional, marking a significant victory for LGBTQ+ rights. This ruling is the seventh to challenge the ban, raising hopes for marriage equality in a country that has lagged behind its G7 peers. The government is expected to monitor further developments.
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As of October 28, 2024, multiple tropical storms and hurricanes are affecting various regions. Hurricane Kristy is moving across the Pacific, while Tropical Storm Trami has caused severe flooding in the Philippines. Cyclone Dana has made landfall in India, prompting mass evacuations. The Atlantic remains quiet with no active cyclones.
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Recent cookbooks highlight the joy of cooking as a shared experience. 'A Couple Cooks: 100 Recipes to Cook Together' offers a unique division of tasks, while 'You Can Cook Everything' focuses on global flavors and accessible techniques. Both aim to reduce intimidation in the kitchen and foster collaboration.
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A train collision near Llanbrynmair, Wales, on October 21 resulted in one fatality and 15 injuries. Tudor Evans, 66, died while traveling on the 6:31 PM service from Shrewsbury to Aberystwyth. Investigations are ongoing into the cause of the crash, which may involve braking issues due to slippery tracks.
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Michael Jeffries, former CEO of Abercrombie & Fitch, was arrested alongside his partner and a third man on sex trafficking charges. The indictment alleges they coerced young men into drug-fueled sex parties from 2008 to 2015, exploiting the promise of modeling opportunities. Jeffries is free on a $10 million bond, with a court date set for December 12.
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Mike Jeffries, former CEO of Abercrombie & Fitch, has been charged with running a sex trafficking operation from 2008 to 2015. Along with his partner and a recruiter, he allegedly coerced young men into sexual acts under the guise of modeling opportunities. The indictment cites numerous victims and outlines severe allegations of abuse.
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Starting November 7, Starbucks will no longer charge extra for non-dairy milk substitutions in the U.S. and Canada. This decision, announced by CEO Brian Niccol, aims to enhance customer experience amid declining sales and increased competition. The change coincides with the launch of the holiday menu, which has been delayed this year.
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As the U.S. presidential election approaches, NATO's cohesion faces challenges, particularly with Donald Trump's potential return to power. European leaders express concerns over Trump's past threats to withdraw from NATO, while new defense agreements between the UK and Germany aim to bolster European security amidst rising tensions with Russia.
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At a Paris conference, world powers raised $1 billion to address Lebanon's humanitarian crisis and support its military. French officials urged Israel to cease fire amid ongoing conflict with Hezbollah, which has resulted in significant casualties and displacement in Lebanon.
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Whakaari Management, owners of New Zealand's White Island, are appealing their conviction for safety violations linked to the 2019 volcanic eruption that killed 22 people. The appeal centers on whether the company was responsible for visitor safety or if that duty fell to tour operators. The High Court's decision is pending.
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The UK's fertility rate has fallen to 1.44 children per woman, the lowest since records began in 1938. Contributing factors include financial pressures, changing societal norms, and the challenges faced by the 'sandwich generation' balancing care for children and aging parents. This trend reflects a broader global decline in fertility rates.
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Ryanair's CEO Michael O'Leary condemned the UK government's planned increase in Air Passenger Duty (APD), set to take effect in April 2026. He argues this will hinder UK tourism and make air travel more expensive, potentially reducing passenger numbers by five million. The Chancellor defends the increase as necessary to address inflation.
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Italy and the Czech Republic are urging the EU to consider a wider range of solutions for electric vehicles beyond battery and hydrogen technologies. They want a review of current policies expedited to 2025, amid rising tensions over tariffs on Chinese electric vehicles.
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Following Donald Trump's election victory, Ukraine faces uncertainty regarding U.S. military aid. Ukrainian leaders express hope for continued support, while concerns grow over Trump's past criticisms of aid to Kyiv. The Kremlin remains focused on its objectives in Ukraine, indicating a challenging period ahead for Ukrainian defense efforts.
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Following Donald Trump's election victory, fears are mounting over potential tariffs that could disrupt global trade, particularly affecting Europe and American farmers. Analysts warn that renewed trade tensions may exacerbate existing economic challenges in these regions, with significant implications for various industries.
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Recent DNA analysis of victims from Pompeii's eruption in 79 AD has overturned long-held beliefs about their identities and relationships. The study, published in Current Biology, reveals that individuals previously thought to be a family were actually unrelated males, challenging traditional narratives about the victims of the disaster.
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Hainan Airlines flight HU438 returned to Rome's Fiumicino Airport on November 10 after a bird strike caused an engine fire. Meanwhile, Qantas flight QF520 made an emergency landing in Sydney on November 8 due to a suspected engine failure. No injuries were reported in either incident.
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Italy's controversial migration deal with Albania has faltered as judges ordered the transfer of asylum seekers back to Italy, citing legal concerns. The plan, aimed at processing migrants outside the EU, has drawn criticism and raised questions about its legality and effectiveness, with only a handful of migrants sent to Albania since its inception.
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The recent re-election of Donald Trump signals a significant shift in global politics, marking the decline of Western liberal democracy. This change is characterized by rising authoritarianism, social fractures, and a retreat from shared values among Western nations.
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Filming for the Hulu series 'Blue Moon,' co-produced by Amanda Knox, has sparked outrage in Perugia, Italy, where Meredith Kercher was murdered. Mayor Vittoria Fernandi apologized for the production, acknowledging the pain it has caused residents. The series aims to depict Knox's wrongful conviction and legal battles.
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Italian authorities have dismantled a large-scale forgery network producing fake artworks attributed to renowned artists like Banksy and Warhol. The operation led to the seizure of over 2,100 counterfeit pieces valued at approximately €200 million, with 38 individuals under investigation across Italy, Spain, France, and Belgium.
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Recent blind taste tests reveal that affordable sparkling wines from UK supermarkets outperform traditional brands. Tesco's Finest Premier Cru Brut Champagne topped the list, highlighting the growing trend of quality budget options for festive celebrations. Other supermarkets like Aldi and Waitrose also received commendations for their sparkling selections.
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Ollolai, a small town in Sardinia, is promoting homes for just one euro to attract Americans seeking a lifestyle change post-election. The initiative aims to revitalize the village, which has faced population decline. The town's mayor emphasizes a fast-track process for American applicants, hoping to rejuvenate the community.
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Lindsey Vonn, the celebrated Olympic skier, is making a comeback after a five-year hiatus due to injuries. Following a successful partial knee replacement surgery, she has resumed training and aims to compete in World Cup races, potentially leading to her fifth Olympic appearance in 2026.
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Airbnb has partnered with the Colosseum Archaeological Park to host a gladiator-themed event in May 2025, coinciding with the release of 'Gladiator II.' The initiative has sparked criticism from local officials and activists concerned about overtourism and the commercialization of cultural heritage.
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Ireland's national football team achieved a crucial 1-0 victory against Finland, thanks to a late first-half header from 20-year-old striker Evan Ferguson. The win marks a step forward under head coach Heimir Hallgrimsson, despite ongoing challenges in their competitive performance.
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Recent Russian military maneuvers, including a spy ship's incursion into Irish waters and multiple aircraft interceptions over the North Sea, have heightened security concerns in Europe. The incidents involve close monitoring by UK and Irish defense forces, reflecting ongoing tensions in the region.
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Pep Guardiola is set to sign a one-year contract extension with Manchester City, confirming his commitment to the club amid ongoing financial scrutiny. Meanwhile, Rafael Nadal faces potential retirement after losing his first Davis Cup singles match in 20 years.