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French designer Pierre Cardin, licensing pioneer, dies at 98

11:19 pm December 29, 2020

Paris: French fashion designer Pierre Cardin possessed a wildly inventive artistic sensibility tempered by a stiff dose of business sense. He had no problem acknowledging that he earned more from a pair of stockings than from a haute-couture gown with a six-figure price tag. Cardin, who died Tuesday at age 98, was the ultimate entrepreneurial designer. He […]

Magnitude 6.3 earthquake strikes Croatia; 2 deaths reported

11:11 pm December 29, 2020

Zagreb: A strong earthquake hit central Croatia on Tuesday, destroying buildings and sending panicked people fleeing into rubble-covered streets in a town southeast of the capital. Authorities said two people, including a girl, were killed and at least 20 people were injured. The European Mediterranean Seismological Center said a magnitude 6.3 quake hit 46 kilometers […]

CMS holds Global Interfaith Convention to promote communal harmony

Turkey seeks arrest of businessman linked to US fraud scheme

10:58 pm December 29, 2020

Ankara: Turkish prosecutors on Tuesday issued a detention warrant against Sezgin Baran Korkmaz, a Turkish businessman with links to Utah-based business executives who have pleaded guilty to a USD 511 million tax credit scheme in the United States, Turkeys state-run news agency reported. Anadolu Agency said prosecutors issued the warrant against Korkmaz following a joint probe by Turkeys financial crimes investigation and tax auditing […]

Pope on Christmas: Vaccines for all; needy, vulnerable first

7:10 pm December 25, 2020

Vatican City: Pope Francis made a Christmas Day plea for authorities to make COVID-19 vaccines available to all, insisting that the first in line should be the most vulnerable and needy, regardless of who holds the patents for the shots. “Vaccines for everybody, especially for the most vulnerable and needy,” who should be first in line, Francis said in […]

UK, EU clinch post-Brexit free trade agreement, hail biggest bilateral deal

11:06 pm December 24, 2020

London: Britain clinched a historic deal with the European Union on Thursday as both sides managed to thrash out a post-Brexit free trade agreement (FTA) just days before the December 31 deadline. Thousands of pages of legal text accompanies the deal, with details of the agreement set to emerge in the course of the next […]