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Commerzbank CEO Bettina Orlopp Surprised by 2024 Meeting Between Ex-CEO and UniCredit CEO
Commerzbank CEO Bettina Orlopp expressed shock on Thursday over reports that her predecessor, Manfred Knof, met with UniCredit CEO Andrea Orcel in 2024 without informing the bank’s executive team. Orlopp, who was finance chief at the time, said she only learned about the meeting through news reports. Background of the Meeting The meeting in question…
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New duty time rules trigger cancellations, delays at key airports
In the first week of November, Indian aviation found itself grappling with widespread delays and growing passenger frustration as the Directorate General of Civil Aviation’s (DGCA) revised Flight Duty Time Limit (FDTL) norms came into force. Despite being announced nearly a year ago, the new rules—aimed at reducing pilot fatigue—appear to have caught several airlines unprepared, triggering…
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Telecom Italia CEO Signals Support for Telecom Market Consolidation in Italy
Telecom Italia (TIM) CEO Pietro Labriola expressed support on Thursday for potential consolidation in Italy’s telecom market, even if competitors take the lead. Labriola emphasized that any move toward market consolidation would help create a more balanced and rational telecom sector in the country. CEO Comments on Market Consolidation Speaking during a post-results call, Labriola…
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Eurozone Retail Sales Unexpectedly Fall in September, Challenging Recovery Hopes
Retail sales in the Eurozone unexpectedly declined in September, raising concerns about the pace of a consumption-led economic recovery across the 20-nation currency bloc. According to data released by Eurostat, the bloc saw a 0.1% month-on-month decrease in retail trade, falling short of forecasts for a 0.2% increase. Year-on-Year Retail Growth Still Positive Despite the…
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Bank of England Holds Interest Rates Amid Narrow Vote, Signals Possible Cut Soon
The Bank of England (BoE) voted narrowly on Thursday to keep borrowing costs unchanged, leaving the Bank Rate at 4.0%. However, signals from Governor Andrew Bailey and the tight 5-4 vote suggest a potential rate cut could follow after the UK government’s budget later this month. BoE Keeps Rates Steady Despite High Inflation The nine-member…
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Arif Mohammed Khan Says Statehood for Jammu & Kashmir Reflects the Nation’s Collective Aspiration
Bihar Governor Arif Mohammed Khan on Wednesday articulated a clear message regarding the future of Jammu and Kashmir, asserting that the restoration of full statehood is not only desirable but represents the collective aspiration of the entire country, including that of Prime Minister Narendra Modi. Speaking on the sidelines of a public event in Bihar, Khan emphasised that while…
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Zalando Expands Sports Focus with German Soccer Federation Partnership
Online fashion retailer Zalando is ramping up its focus on sports apparel as part of a strategy to attract younger consumers and increase its appeal among men. The company announced a new five-year partnership with Germany’s DFB national soccer federation while reporting strong third-quarter growth, driving shares up nearly 10%. Zalando Reports Strong Third-Quarter Growth…
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Bhupinder Singh Hooda Backs Rahul Gandhi’s Charge of “Vote Theft,” Says Haryana Government Was “Stolen” in 2024 Election
In a dramatic escalation of the political storm over alleged manipulation of electoral rolls in Haryana, former Chief Minister Bhupinder Singh Hooda on Wednesday threw his full weight behind Congress leader Rahul Gandhi’sexplosive allegations of widespread voter fraud. Addressing a press conference in New Delhi, the senior Congress leader asserted that the results of the 2024 Haryana Assembly elections did…
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France Moves to Suspend Shein Amid Sex Dolls and Weapons Controversy on First Paris Store Opening
France has initiated proceedings to suspend the operations of Chinese fast-fashion retailer Shein in the country following the discovery of child-like sex dolls and banned weapons on its online marketplace. The announcement coincided with the opening of Shein’s first physical store in Paris, located in the historic BHV department store, sparking public outrage and political…
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France Pushes EU to Investigate Shein Over Sale of Sex Dolls and Banned Weapons
The French government has intensified pressure on the European Union to launch a formal investigation into Chinese online fast-fashion giant Shein. The move comes amid growing concerns over the company’s sale of child-like sex dolls and illegal weapons through its online marketplace. France Moves to Ban Shein Over Illicit Products On November 5, 2025, France…
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