June, 2016

• 11 June

  Panama tests expanded canal with bigger cargo ship

  

    Agua Clara / AFP Panama has sent a giant, Neopanamax-class cargo ship through its canal to test expansion work costing billions of dollars and whose official opening is to be marked with a ceremony late this month. “The tests are going very, very well. We’re pleased,” Giuseppe Quarta, head of the Grupos Unidos por el Canal (GUPC) consortium behind ...

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• 11 June

  Macho trends rule the ramp

  

    AFP Suits worn over fishnet tops, tiny tailored shorts, loafers and sunburnt noses — Topman Design went to the British seaside for its latest collection on Friday, kicking off four days of men’s fashion in London. J.W. Anderson, Christopher Kane, Barbour and some of Savile Row’s top tailors are among those showing at this season’s London Collections: Men, the ...

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• 11 June

  Emilio Pucci channels chic for Resort collection

  

    Relaxnews The Italian fashion house is the latest luxury label to present its Resort 2017 collection, which gives the signature style of Emilio Pucci a contemporary and eccentric flavour. The result is a collection splashed with bright, colorful patterns — echoing the brand’s historic style — and with light, flowing silhouettes that capture the season’s effortlessly chic vibe. A ...

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• 11 June

  Versace goes urban yet romantic

  

    Relaxnews The Italian fashion house has joined a host of luxury brands in unveiling the shape of its pre-spring 2017 collection. The Resort 2017 preview has a distinctly urban feel, laced with sportswear and romantic influences. The starting point for this new collection from Donatella Versace is an imaginary coast-to-coast road trip in the USA, traveling from city to ...

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• 11 June

  Russia hosts Ballets Russes designer

  

    AFP The exotic stage and costume designs of Russian-born designer Leon Bakst, made famous at the Ballets Russes, are on display in a major retrospective in Moscow which examines his shock impact on fashion and theatre. The exhibition which opened this week at the Pushkin Musem of Fine Arts features around 250 works by the designer, born 150 years ...

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• 11 June

  Bond investors losing faith in Central Banks turn to German debt

  

    Bloomberg Investors are showing little appetite for repeating the rebellion against record-low government bond yields in Europe that peaked this time last year. As faith in central bankers’ ability to boost economic growth and revive inflation diminished, German 10-year bund yields slid to a record this week. The previous low set in April 2015 was followed by a spike ...

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• 11 June

  Fitch holds Britain’s rating stable but warns over Brexit

    Washington / AFP Credit agency Fitch left Britain’s rating unchanged at “AA+” but warned that if the country votes in favor of exiting the European Union, the rating could be lowered. Fitch said the country merits its second-highest credit grade due to its wealthy, diversified and flexible economy, its solid policy management and the global strength of the British ...

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• 11 June

  No plans to disrupt transport to Euro opener: French union

    Paris / AFP France’s main union said that striking transport workers had been instructed not to block football fans from reaching the Paris stadium for the Euro 2016 kick off. “All the supporters will be able to reach the Stade de France stadium this evening,” CGT union leader Philippe Martinez, adding that despite an ongoing train strike “there are ...

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• 11 June

  Pound traders seek more security against drop before June 23 vote

  

    Bloomberg Less than two weeks before the U.K. votes on whether to remain in the European Union, traders are piling into more options on the pound that protect against a decline versus a gain. The bias toward the downside, the most in at least 13 years, coincided with sterling depreciating for a second week as opinion polls signaled the ...

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• 11 June

  Brexit poll sees 10-Point ‘Leave’ lead two weeks before vote

  

    Bloomberg The campaign for Britain to leave the European Union took a 10 percentage-point lead in a poll published late Friday, less than two weeks before the country votes in a referendum. The survey of 2,000 people by ORB for the Independent newspaper found 55% in favor of a so-called Brexit, up 4 points since a previous poll in ...

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