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(MENAFN - AFP) The billionaire owner of the Topshop clothing chain on Saturday accused a leading British MP of running a "kangaroo court" after the tycoon was slammed over the collapse of department store chain BHS.

Philip Green wrote a letter to Frank Field, saying that he had led a campaign against him culminating in the publishing of a report last week branding the high-profile ...

(MENAFN - AFP) Attention beer lovers: the National Museum of American History may have your dream job -- traveling the country drinking brews, all expenses paid.

The job, which pays $64,650 a year, is no joke.

The Washington, DC-based museum, part of the prestigious Smithsonian Institution, wants to hire a beer specialist for three years to taste beer in breweries across ...

(MENAFN - AFP) US regulators have issued subpoenas to Goldman Sachs for documents related to the investment giant's dealings with the 1MDB Malaysian state investment fund, a source close to the probe told AFP on Friday.

Subpoenas were issued a few months ago by investigators from the Department of Justice and Securities and Exchange Committee (SEC) the source said, speaking ...

(MENAFN - AFP) China's Fosun on Saturday signed an agreement to acquire Brazil-based investment management firm Rio Bravo, according to a statement, just a day after the Chinese conglomerate announced another massive overseas deal.

Fosun, which has interests ranging from property to mining, said it will buy the controlling share of privately-owned Rio Bravo Investimentos, ...

(MENAFN - AFP) Rio de Janeiro's residents, or Cariocas, don't need the Olympics to prove their city is the center of the sporting world -- they know that the second they step outside.

Winter or summer -- well, there isn't too much difference in tropical paradise -- crowds of locals get up at dawn for a jog.

That might be true in many cities. What's different here is ...

(MENAFN - AFP) German automaker Daimler AG broke ground this week on a $500 million plant in Charleston, South Carolina to build vans, with the company hoping at last to avoid steep US import tariffs.

When the factory comes online by the end of the decade, it may also help the company pay lower wages and circumvent labor unions.

Volker Mornhinweg, head of Mercedes-Benz ...

(MENAFN - AFP) France is bracing for its annual Black Saturday, when millions of people return from their July holidays and millions of others take to the roads, rails and skies for their August break.

The annual event is more charmingly referred to as the big "chasse-croise" of the summer, a phrase derived from a dance pattern.

"It would be nuts to get into a car tomorrow," ...

(MENAFN - AFP) A groundbreaking maternity clinic dedicated to helping rape survivors through pregnancy opened in London on Friday.

The centre at the Royal London Hospital is the world's first maternity clinic specifically for rape survivors, according to the My Body Back project which helps women who have experienced sexual violence.

The new initiative was launched ...

(MENAFN - AFP) Four cases of Zika virus in Florida are likely the first transmitted locally by mosquitoes in the United States, officials said Friday, marking a new phase in the fast-growing pandemic.

Until now, more than 1,600 cases of Zika -- which can cause birth defects -- have been recorded in the mainland United States but most were brought in by people who had become ...

(MENAFN - AFP) Italy's Banca Monte dei Paschi di Siena came a distant last in EU bank stress test, as the world's oldest bank announced sweeping reforms in a bid to stay afloat.

Under the European Banking Authority's economic shock scenario, BMPS would suffer a 14.23 percent plunge in its core capital ratio -- a measure of stability -- by 2018.

That would bring the ...

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