Monthly Archives: July 2013

183 posts

5,000 Chinese factory workers strike over Indian takeover of American firm

By Agence France-Presse

Article Reprintchinese workers

More than 5,000 Chinese workers at a Sino-US joint venture tyre manufacturer have gone on strike against the American parent company’s $2.5 billion takeover by an Indian firm, state media reported.

Cooper Tire and Rubber announced last month that it would be taken over by Apollo Tyres of India, making the combined group the seventh-largest such firm in the world. Continue reading

Bananas thrown at Italy’s first black minister

By Reuters

Article Reprint

By Catherine Hornbyitaly

ROME (Reuters) – Some of Italy’s top politicians on Saturday rallied behind the country’s first black minister, a target of racist slurs since her appointment in April, after a spectator threw bananas at her while she was making a speech.

Integration Minister Cecile Kyenge, who is originally from Democratic Republic of Congo, was appearing at a political rally in Cervia in central Italy on Friday, when someone in the audience threw bananas towards the stage, narrowly missing it. Continue reading

Versace Mansion Goes to Bankruptcy Auction

By Catherine Sherman

Article Reprintversace mansion

It was once the lavish residence of late fashion icon Gianni Versace, then the location of his tragic death and until recently, a boutique hotel. What’s next for the famed Casa Casuarina?

According to a press release issued by Fisher Auction Company, majority owner and telecom entrepreneur Peter Loftin has filed bankruptcy. The Miami Beach mansion, last listed for $75 million after two steep price cuts, will be sold at an auction in conjunction with Coldwell Banker’s The Jills at 10 a.m. Sept. 17. Continue reading