Shein’s $100 billion heyday fades as Hong Kong IPO values it at up to $27 billion
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its ...
Corsica has moved a step closer to getting powers to make some laws locally after a French parliamentary committee approved a draft bill which would give the Mediterranean island more autonomy.
The landmark piece of legislation would allow the Corsican government to pass its own laws in areas such as waste management, urban planning and housing.
The bill would also add a new line to France’s constitution recognising the island’s historical, linguistic and cultural community.
Responsibility for policing and defence, among other areas, would remain under Paris’s control.
The extent of the proposed devolved powers for Corsica is still yet to be finalised.
Corsica has been part of France since 1769 and one of the country’s most famous historical figures, Napoleon Bonaparte, was born in the island’s capital Ajaccio.
But since the 1960s, a nationalist movement has emerged on the island, which either argues for more autonomy from France or total independence.
For decades Corsican nationalist militant groups carried out bombings of government buildings on the island, as well as property owned by outsiders.
Most armed nationalist groups have now disbanded. However, Femu a Corsica, which is the largest party in the island’s Corsican Assembly, wants the powers to pass laws, as well as further fiscal autonomy.
The draft bill still needs to be approved by France’s National Assembly and Senate, and then receive approval by at least 60 per cent of Congress.
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
The United States has formally removed Syria from its list of state sponsors of terrorism, ending a designation that had been in place for nearly five decades and marking a major step in Washington's efforts to rebuild relations with the country's new leadership.
The Trump administration has announced plans to revoke the temporary visitor visas of foreign nationals who entered the United States on tourist or business visas and later sought asylum, marking the latest expansion of Washington's immigration enforcement policies.
At least 47 people were killed when armed gangs launched a deadly overnight assault on the Haitian town of Kenscoff, underscoring the worsening security crisis that continues to grip areas surrounding the capital, Port-au-Prince.
The U.S. Supreme Court has allowed President Donald Trump's administration to move forward with parts of an executive order aimed at tightening rules around mail-in voting, marking a significant legal victory for the White House ahead of November's midterm elections.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment