Friday, Apr 19 2024 | Time 13:20 Hrs(IST)
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World


In Amazon's shadow, hedge funds take aim at Brexit-hit retailers

By Alasdair Pal
LONDON, Jun 27 (Reuters) Hedge funds have significantly stepped up bets against Britain's traditional high street retailers, as the sector struggles with online competition, worries about a stretched consumer and weakening sales and profits.
The risks were on full display on Tuesday when shares in Debenhams slid more than 3 percent to an eight-year low following a weak trading update and a warning on UK sales.
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TU-22M3 plane crashes in Russia

19 Apr 2024 | 12:13 PM

Moscow, Apr 19 (UNI) A TU-22M3 strategic bomber of the Russian Aerospace Forces crashed in southern Russia, the Defense Ministry said on Friday.

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5 Japanese nationals unhurt in suicide attack in Karachi

19 Apr 2024 | 12:01 PM

Karachi (Pak), Apr 19 (UNI) Police said on Friday that five Japanese nationals were unhurt after their vehicle was targeted by a suicide bomber in Karachi’s Landhi area.

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Three Filipinos die in UAE record-breaking rainfall

19 Apr 2024 | 11:43 AM

Abu Dhabi, Apr 19 (UNI) Three Filipinos working in Dubai have died in the United Arab Emirates (UAE) due to record-breaking rainfall this week, the Department of Migrant Workers (DMW) said on Thursday night.

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Air raid sirens sounded in N Israel

19 Apr 2024 | 9:57 AM

Jerusalem, April 19 (UNI) Air raid sirens were activated in the north of Israel, the Israel Defense Forces (IDF) said in a statement. "Sirens sounded in northern Israel," the IDF said on Telegram.

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Iranian official says there was no missile attack on Iran

19 Apr 2024 | 9:57 AM

Tehran, Apr 19 (UNI) An Iranian official said on Friday that no missile attack had been carried out against Iran.

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