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Steinhoff sales gain on slow road to recovery

Bloomberg Steinhoff International Holdings NV’s first-half sales gain gives the global retailer some wiggle room as it looks to finalise debt-restructuring talks. Still, there is plenty of uncertainty. Steinhoff said sales rose 3 percent in the six months through March to $7.7 billion. The owner of Poundland in the UK and Conforama in France reported its third set of earnings ...

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Alitalia can get a rapper a custom jet but can’t pay its debts

Bloomberg When Italian rapper Fedez flew to Sicily to marry fashion star Chiara Ferragni, bankrupt Alitalia provided a special plane, complete with tailor-made tickets, a dedicated departure gate and onboard gadgets. The company’s largesse sparked protests in parliament and online — as well as demands from the government for an explanation. Alitalia said the flight, from Milan’s Linate airport to ...

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New curriculum hopes to counter extremism, reduce radicalisation

ABU DHABI / WAM Search for Common Ground (Search) in collaboration with Hedayah, the International Centre of Excellence for Countering Violent Extremism (CVE), has released the first ever complete CVE Training Curriculum. Financed by the European Union’s Strengthening Resilience to Violent Extremism (STRIVE) Global programme, the initiative is aimed to raise awareness on collaborative CVE approaches among governments and civil ...

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