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(MENAFN - AFP) Around 110,000 people took part in warning strikes organised by the powerful German union IG Metall on Friday, hitting the automobile sector in particular, as way of turning up heat in wage negotiations for around 3.4 million metal sector workers across the country.

A truce period during which unions are not allowed to stage any industrial action ended at ...

(MENAFN - AFP) Luxury fashion brand Gucci has warned Hong Kong shops selling paper handbags and other goods as offerings for the dead not to market items resembling their products.

It is a tradition for Hong Kong families to purchase and burn paper replicas of everything their deceased loved ones could ever want in the afterlife.

As such the city is bustling with speciality ...

(MENAFN - AFP) US energy giant ExxonMobil reported Friday that first-quarter earnings dived 63 percent to $1.8 billion due to plunging oil prices.

ExxonMobil's upstream division, usually a cash cow that explores for and produces petroleum, suffered a $76 million loss. That was partially offset by higher earnings in the oil giant's chemical division.

Revenues tumbled ...

(MENAFN - AFP) Lloyd's has seen natural disasters, shipwrecks and revolutions. Now the prospect of Brexit is forcing the historic insurance market to look at contingency plans, its chairman told AFP.

"I still think London would remain a very important financial centre but it would be harder for us to operate," John Nelson said in an interview at the group's headquarters in ...

(MENAFN - AFP) International Airlines Group, owner of British Airways and Iberia, said Friday it was scaling back plans to raise its flights offering, blaming the move on last month's Islamist attacks in Brussels.

The announcement was made alongside news that IAG had swung into a net profit in the first quarter compared with a year earlier, thanks to its recent purchase of ...

(MENAFN - AFP) France's embattled Socialist government seized on good economic news showing "solid growth" on Friday after fresh protests over planned labour reforms descended into violence.

At least 170,000 workers and students took to the streets across France on Thursday, as clashes erupted in several cities with scenes of burning cars, stone-throwing protesters and police ...

(MENAFN - AFP) Growth in the eurozone strengthened far beyond expectations in the first quarter of 2016, but inflation in Europe remained very low and a source of concern.

The recovery in the 19-nation single currency area, for years mired in a debt crisis and low growth, contrasts with disappointing figures in the United States.

Analysts said the jump in growth meant ...

(MENAFN - AFP) European and Asian stock markets slid Friday on reinforced concerns about the global growth outlook after data showed the US economy has expanded at its slowest pace for two years.

It comes in a week during which the Bank of Japan decided against boosting stimulus to support its country's own flagging economy.

Around 1015 GMT, Europe's main stock markets ...

(MENAFN - AFP) She was once queen of the cabaret in Havana. Now 66, Leticia Herrera is back, along with a troupe of Cuba's forgotten stars returning to the stage from obscurity.

Twelve years after being dismissed from the legendary open-air nightspot Club Tropicana, Herrera is the star of a new show performed by a cast of veterans just like her.

"It can never be the ...

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