G20 leaders clash over values, face calls to protect growth

Osaka, Japan: World leaders attending a Group of 20 summit in Japan that began Friday are clashing over values that have served for decades as the foundation of their cooperation as they face calls to fend off threats to economic growth. “A free and open economy is the basis for peace and prosperity,” Japanese Prime […]

Eurozone inflation remains stable at 1.2%

BRUSSELS. Eurozone inflation remained stable in June, data showed Friday, a month after a sharp drop had raised fears of an economic slowdown in Europe. The EU’s Eurostat agency said inflation this month was unchanged from May at 1.2 per cent, in line with forecasts of analysts surveyed by data company FactSet. The number is […]

Madame Tussauds owner Merlin snapped up by Lego parent

London: :Britain’s Merlin Entertainments, owner of Madame Tussauds waxworks and the London Eye Ferris wheel, was snapped up Friday by Lego’s Danish parent Kirkbi for #5.9 billion ($7.5 billion, 6.6 billion euros) including debt. Kirkbi, the investment vehicle of Lego’s Danish founding family, said in a statement that it will purchase the entertainment and theme park […]