Saudi crown prince approved ‘intervention’ against dissidents: report

By AFP

Saudi Crown Prince Mohammed bin Salman (C), pictured in India, authorized the Rapid Intervention Group to suppress dissidents, The New York Times reported (AFP Photo/Handout)

Washington (AFP) – More than a year before the killing of journalist Jamal Khashoggi, Saudi Arabia’s powerful Crown Prince Mohammed bin Salman approved a secret campaign to silence dissenters, The New York Times reported on Sunday.… Read Full Article

Prada Loses $864 Million in Value as China Slump Hits Profit

By Daniela Wei and Robert Williams (Bloomberg)

(Bloomberg) — Prada SpA shares fell to the lowest close since 2016 as slower Chinese spending contributed to an unexpected drop in the Italian fashion house’s annual profit.

The Hong Kong-listed luxury group attributed a slump in Asia mostly to Chinese tourists reining in spending in Hong Kong and Macau because of the weakness in the yuan.… Read Full Article