MK to clinch $1.2B acquisition deal with Jimmy Choo

Source: Dukascopy Bank SA
The US retailer Michael Kors agreed to acquire the luxury shoemaker Jimmy Choo in a deal worth $1.2B after the company listed itself for sale, while Michael Kors had been struggling with plunging same-store sales.
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Tue, 25 Jul 2017 09:34:32 GMT

Seven die in car blast in Egypt's Sinai on Tuesday

At least seven civilians died after a car bomb blasted at the Egypt's North Sinai security checkpoint, the country's military reported.

Tue, 25 Jul 2017 08:28:15 GMT

Turkey's Erdogan unable to resolve Gulf crisis

The President of Turkey Tayyip Erdogan did not managed to make any progress in his attempts to resolve the Gulf crisis after two days visit to the Arab states for talks.

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