Hole similar-retail store income tops estimates, ups revenue forecast shares bounce


Apparel retailer Hole Inc noted superior-than-predicted similar-retail store income for the 2nd quarter, aided by powerful demand for Aged Navy items, less discounts, and the company’s attempts to superior take care of inventory.

A Hole Inc. retail retail store is demonstrated in La Jolla, California, U.S., Could 17, 2017. REUTERS/Mike Blake

REUTERS: Apparel retailer Hole Inc noted superior-than-predicted similar-retail store income for the 2nd quarter, aided by powerful demand for Aged Navy items, less discounts, and the company’s attempts to superior take care of inventory.

The enterprise also said its quarterly net cash flow additional than doubled and elevated its full-yr earnings forecast, sending its shares up about twelve per cent in buying and selling soon after the bell.

Gap’s similar-retail store income rose one per cent in the three months finished July 29, even though analysts were expecting income to be flat yr-more than-yr, in accordance to investigation business Consensus Metrix.

Internet cash flow rose to US$271 million, or sixty eight cents for each share, from US$one hundred twenty five million, or 31 cents for each share.

(Reporting by Gayathree Ganesan in Bengaluru Modifying by Savio D’Souza)



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Zimbabwe&#039s Mugabe in South Africa just after spouse is accused of assault


Veteran Zimbabwe chief Robert Mugabe has arrived in South Africa, condition media mentioned on Friday, for a regional summit overshadowed by accusations his spouse assaulted a 20-12 months-previous model in a Johannesburg lodge space with an electrical cable.

President Robert Mugabe and his spouse Grace go to a rally of his ruling ZANU (PF) in Chinhoyi, Zimbabwe, July 29, 2017. REUTERS/Philimon Bulawayo

JOHANNESBURG: Veteran Zimbabwe chief Robert Mugabe has arrived in South Africa, condition media mentioned on Friday, for a regional summit overshadowed by accusations his spouse assaulted a 20-12 months-previous model in a Johannesburg lodge space with an electrical cable.

Zimbabwe’s Herald newspaper, the government’s major mouthpiece, mentioned ninety three-12 months-previous Mugabe arrived at a military services air base around Pretoria late on Thursday.

The Herald produced no mention of the controversy swirling all-around his fifty two-12 months-previous spouse Grace, who has utilized for diplomatic immunity to protect herself from probable assault costs, in accordance to South African law enforcement.

Debbie Engels, the mom of the alleged sufferer, Gabriella, instructed Reuters her daughter experienced obtained 14 stitches on her head from Sunday’s assault – which the mom did not witness – and demanded Mugabe confront justice.

She confirmed Reuters pictures taken in the several hours just after the incident showing gashes on Gabriella’s brow and the again of her head. A further photograph, taken on Wednesday, confirmed a large, livid bruise on her thigh.

“I just want justice for my daughter. It is not about revenue. It is about justice. She attacked my boy or girl for no motive,” she mentioned.

Reuters has not been capable to confirm key aspects of the assault allegations independently.

There has been no official comment from Harare and requests for comment from Mugabe’s spokesman and from Facts Minister Chris Mushowe have long gone unanswered.

Reuters has also been unable to determine Grace Mugabe’s legal professionals in South Africa. Zimbabwe’s ambassador to Pretoria, Isaac Moyo, has also declined to name them, or offer comment.

(Reporting by Ed Cropley enhancing by Andrew Roche)



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Dimitrov sets up final-sixteen clash with Del Potro


Bulgarian seventh seed Grigor Dimitrov conquer Feliciano Lopez seven-6(5) 6-four at the Cincinnati Open on Wednesday to set up a final-sixteen clash with Juan Martin Del Potro.

Aug sixteen, 2017 Mason, OH, United states of america Grigor Dimitrov (BUL) reacts from Feliciano Lopez (ESP) in the course of the Western and Southern Open at the Lindner Family members Tennis Middle. Photo: Reuters/ Aaron Doster-United states of america Right now Sporting activities

REUTERS: Bulgarian seventh seed Grigor Dimitrov conquer Feliciano Lopez seven-6(5) 6-four at the Cincinnati Open on Wednesday to set up a final-sixteen clash with Juan Martin Del Potro.

Dimitrov, who conquer Lopez in the 2nd round below final 12 months, almost broke the unseeded Spaniard 3 times prior to producing a strong commence in the tiebreak and went on to end the match with 27 winners.

“Early on, he was serving really perfectly,” mentioned Dimitrov. “It was just critical for me to stay in the match and just put as a lot of returns in as I could in buy to get in the rally for the reason that as soon as that was occurring I felt I experienced a rather excellent probability of winning each and every position.”

Upcoming up for Dimitrov will be Del Potro, who is actively playing at Cincinnati for the very first time in 4 a long time, immediately after reaching the semi-finals in 2012 and 2013.

The 28-12 months-old Argentine booked his place in the upcoming round with a 6-four 6-four gain in excess of Mitchell Krueger, breaking the American qualifier at the conclude of the two sets to wrap up victory in 1 hour, forty minutes.

Del Potro, who on Tuesday upset 10th-seeded Czech Tomas Berdych, also saved 5 split points at three-three in the 2nd set and clinched his 18th victory of the 12 months on his fourth match position.

Dimitrov has not overwhelmed Del Potro in 5 career conferences, with the most the latest defeat coming at Rome in May perhaps.

Australian Nick Kyrgios conquer Ukraine’s Alexandr Dolgopolov 6-three seven-6(6) to attain the third round, in which he will deal with unseeded Croatian Ivo Karlovic.

Also advancing to the round of sixteen were Spaniards David Ferrer and Pablo Carreno Busta and Russian Karen Khachanov.

Best-seeded Spaniard Rafa Nadal will cap off the evening session later on Wednesday when he satisfies Frenchman Richard Gasquet at the Lindner Family members Tennis Middle.

(Reporting by Frank Pingue in Toronto Enhancing by Toby Davis)



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Australia accuses NZ opposition of soiled tips above citizenship fuss


The Australian federal government accused a New Zealand opposition bash on Wednesday of conniving to provide it down by revealing that Australia’s deputy primary minister is a New Zealand citizen, and therefore ineligible to sit in parliament.

Australian Deputy Prime Minister Barnaby Joyce stands within an elevator after attending the Australian Farmer of the Yr awards ceremony at Parliament Dwelling in Canberra, Australia, August sixteen, 2017. AAP/Lukas Coch/via REUTERS

SYDNEY: The Australian federal government accused a New Zealand opposition bash on Wednesday of conniving to provide it down by revealing that Australia’s deputy primary minister is a New Zealand citizen, and therefore ineligible to sit in parliament.

The outcry above the deputy primary minister of a federal government with a a single-seat majority has led to scarce acrimony amongst the prolonged-expression allies, whose relations are generally outlined by chummy banter and fierce sporting rivalry.

Australian Deputy Prime Minister Barnaby Joyce reported on Monday he may well not be eligible to sit in parliament after being informed he was a twin citizen by descent.

The New Zealand federal government later on reported Joyce held New Zealand citizenship as his father was born there. His mom was Australian and his father came to Australia in 1947 as a British topic.

Australian politicians are not eligible to be elected to parliament if they hold twin or plural citizenship.

The revelation about Joyce’s roots came to gentle after New Zealand’s opposition Labour Get together member Chris Hipkins elevated the make any difference in parliament there.

Australia’s federal government observed Hipkins’ issue as component of a dim plot amongst the opposition in New Zealand and Australia to “steal federal government”.

“It is extraordinary that a New Zealand member of parliament has allowed himself to be used by a bash in a different place with an intent to provide another bash in that place down. It is really extraordinary,” Overseas Minister Julie Bishop informed Parliament on Wednesday.

“This is very unethical, at minimum. But, extra importantly, places at hazard the marriage amongst the Australian federal government and the New Zealand federal government,” Bishop reported.

She reported would discover it tough to rely on members of a political bash that experienced been used to undermine the Australian federal government.

‘POOR JUDGEMENT’

The chief of the New Zealand Labour Get together, Jacinda Ardern, turned down Bishop’s accusations as “fake statements”.

Australia and New Zealand see themselves as the closest of allies with popular heritage, bonds of kinship and shared interests. Their troops have fought along with each individual other in far-flung wars for generations, most recently in Iraq and Afghanistan.

The kerfuffle could perform into a New Zealand standard election on Sept. 23, with the Labour Get together enjoying a surge in assist.

New Zealand Prime Minister Bill English reported he acknowledged the Australian reaction, and he took the chance to give the Labour Get together a ticking-off for acquiring mixed up in Australian politics.

“The Labour Get together in New Zealand has to clarify that mainly because it is really very inadequate judgement that they acquired involved with it,” English informed reporters in Wellington.

Australia’s Superior Court will start out hearings into Joyce’s eligibility on Aug. 24. Should he be dominated ineligible, Prime Minister Malcolm Turnbull would be forced to depend on independents to get pass laws.

Turnbull reported he expected the court to rule in Joyce’s favour but independents are smelling blood.

“I have been handled like a door mat, I am a door mat but in a couple of months, I may well not be,” unbiased MP Bob Katter informed Reuters.

(Reporting by Colin Packham Editing by Robert Birsel)



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Greece asks EU for air help to fight wild fires


ATHENS: Greece on Tuesday (Aug 15) pleaded for help from European neighbours to help fight wild fires like a blaze ravaging a forest in the vicinity of Athens.

In total 146 fires have broken out throughout Greece given that Sunday, and even though most have been brought less than handle, authorities are nervous about three on the coast in the vicinity of Athens, in the western Peloponnese and on the island of Zakynthos.

The government “has questioned for the activation of the European civil safety system for air help … because of the hazard posed by the fires,” fire company spokeswoman Stavroula Malliri informed a push conference.

She claimed Greece was asking for 4 CL-415-style water bombers, which are constructed for aerial firefighting and can fly up to 322 kilometres for every hour and scoop up 6,000 litres of water in about twelve seconds.

Soaring temperatures and tinder-dry forest flooring throughout southern Europe have led to a rash of devastating wild fires. (AFP/ARIS MESSINIS)

Malliri claimed Cyprus experienced by now provided sixty firefighters, even though France claimed it could not add any manpower or air help because it is battling its possess fires in the south and Corsica.

French authorities claimed a blaze in the southern town of Luceram, in the vicinity of Awesome, experienced lastly been brought less than handle on Tuesday immediately after burning for forty eight several hours.

Greece referred to as in the army to aid firefighters all over Kalamos, 45 kilometres east of Athens, exactly where a fire has been burning given that Sunday.

Approximately 300 firefighters, one hundred troopers, five air bombers and seven helicopters experienced been mobilised in the Attiki region, household to Athens, exactly where fires are smouldering in a zone of forest and scrubland dotted with family vacation houses.

At minimum five properties have been destroyed and three other individuals evacuated, authorities claimed, as smoke from the blaze clouded the skies above the capital on Tuesday early morning.

Firefighters have been also battling flames in the vicinity of the town of Amaliada in the western Peloponnese and on the vacationer island of Zakynthos, exactly where a number of fires have been raging – some believed to have been began intentionally.

Authorities have purchased the evacuation of susceptible people today, children and the elderly.

“Such a condition is unheard of,” regional fire main Vassili Matteopoulos informed area media on Monday. “We experienced 22 fires on Zakynthos just in the last 24 several hours.”

POLITICAL BACKLASH

Endeavours to handle the blazes have been challenging by winds achieving speeds of 40-50 kilometres for every hour, in accordance to the fire company.

The blazes also sparked controversy amongst the opposition and the funds-strapped government, which was accused of carelessness, with area officials decrying a deficiency of air help.

“In this vital hour, the precedence” is to fight the fires, the place of work of Primary Minister Alexis Tsipras claimed. “The time for evaluation will appear afterwards.”

Soaring temperatures and tinder-dry forest flooring throughout southern Europe have led to a rash of devastating wildfires, notably in Portugal, exactly where sixty four people today died in a enormous inferno in June.

On Tuesday some 1,450 Portuguese firefighters have been battling at minimum 4 blazes in the central Santarem and Castelo Branco locations, unexpected emergency companies claimed.

And there have been fresh fires in Albania, in accordance to the inside ministry, exactly where far more than five,000 hectares of Albanian forest have been torched given that July.

French authorities claimed the fire in Luceram experienced resulted in no evacuations or home harm, but experienced burned one hundred fifty hectares of forest.

At minimum 300 firefighters experienced worked to tackle the blaze, the greatest of a number of to strike the Alpes-Maritimes region of France this summer season.



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The fraternity of tribute artists maintaining Elvis alive


MEMPHIS: Matthew Boyce feels like a superhero when he zips himself into a spangly Elvis Presley jumpsuit and sprints on stage to blast by a hip-thrusting, pulsating track by the King.

“I just consider if you happen to be going to participate in a character, it might as nicely be your inspiration,” he claims, perfecting his hair, make-up and sideburns in an hour-furthermore transformation from 21st century teenager about to go to university to 35-year-previous celebrity at the prime of his life in the nineteen sixties.

Matthew is one of hundreds of Elvis Tribute Artists or ETAs who convey to life on stage the icon that was Presley’s 1954-seventy seven occupation, possibly as comprehensive-time gurus or enthusiastic amateurs.

Elvis tribute artist Matthew Boyce puts on a ring in a dressing room as he prepares for the preliminary spherical of the “Pictures of the King” contest at the New Daisy Theatre on August twelve, 2017 in Memphis, Tennessee. (AFP Photograph/Mandel Ngan)

At 18 he is youthful than the Rock ‘n’ Roll legend was when he lower his 1st file, but Matthew claims he was “little bit by the bug early,” under the impact of his grandmother and aunt who ended up large Elvis admirers.

He started off doing at seven, did his 1st paid overall performance aged eight and has been singing with a band given that he was 13 or fourteen.

Now to mark the 40th anniversary of Presley’s demise, he’s having section in an ETA contest in Memphis wherever prizes array from US$50 to US$5,000 across a few divisions: Youth, non-experienced and experienced.

On stage at the New Daisy Theatre on Beale Road in downtown Memphis, he wows an enthusiastic group of more mature ladies with his pelvic contortions and dashing overall performance in a tiger-embellished jumpsuit.

But it is really an obsession that has not usually endeared him to his peers. Whilst near to youthful brother Spencer, twelve, who performs on stage with him, Matthew claims he was “seriously bullied” from sixth to ninth quality.

Elvis tribute artist Matthew Boyce (left) allows his brother Spencer with his hair whilst planning for the “Pictures of the King” contest on August twelve, 2017 in Memphis, Tennessee. (AFP Photograph/Mandel Ngan)

SUPERHERO

“That was a lower level,” he claims. “I might come residence and the Elvis records would usually be there to assistance me sense greater.”

The ETA globe is a limited-knit assist team, or “family members,” as Matthew likes to set it. But so fantastic is their admiration for Presley, they never use the word “impersonator,” believing no one can ever fully recreate the special magic that was his seems, voice and existence.

Some of the ideal tribute artists have become famed in their possess correct in the Presley admirer globe. Some even perform weddings. The ideal tribute concerts are severe affairs, undertaken with reverence.

Elvis tribute artist Matthew Boyce checks his look in a mirror backstage prior to having section in the preliminary spherical of the “Pictures of the King” contest at the New Daisy Theatre on August twelve, 2017 in Memphis, Tennessee. (AFP Photograph/Mandel Ngan)

But it is really also an pricey company. Matthew flew to Memphis from his residence in upstate New York with his moms and dads and brother. Gigs can earn him US$three hundred to US$5,000, but the jumpsuits on your own can price tag up to US$5,000.

“You sense like a superhero when you happen to be donning them,” he enthuses exhibiting off a matching, embellished cape.

Numerous of his competitors are noticeably more mature – guys in their 50s, even 70s paying tribute to a legend who died at just 42 in August 1977.

Matthew can zip all over stage the way all those battling center-age spread or cranky joints can not. Likely to university in the drop to analyze music marketplace and education, he goals of a comprehensive-time occupation.

“I have nevertheless obtained a great 15 several years left,” he reckons.

HUGS AND KISSES

“I mean you are not able to do Elvis forever. You can find a time when you’ve obtained to prevent, and there is certainly a time when the moves are just going to hurt as well much and I am just not going to glance the section anymore.”

Not like Matthew, Ron Tutor, an ETA who owns a hair salon in the Chicago location, started off late. He is 52 and has been executing Presley section-time for four several years, for the fun of it and to satisfy the admirers.

“They know that we are not Elvis, but they deal with us like that. It truly is just wonderful – the hugs and providing us kisses and asking for autographs,” Tutor claims with a smile as he prepares to go on stage.

He does two exhibits a year and the non-experienced competitiveness circuit. Tutor might make some “gas money” but which is about it.

For the competitiveness he’s braving stultifying Tennessee warmth in signature neck-to-toe Presley limited black leather-based. In buff form, he concedes that his experience nevertheless wants “a little little bit of make-up.”

“It truly is an illusion on the stage and I usually joke with my spouse ‘you know what, I glance greater from 20 ft away so really don’t zoom in on me’.”

Elvis tribute artist Matthew Boyce performs all through the preliminary spherical of the “Pictures of the King” contest at the New Daisy Theatre on August twelve, 2017 in Memphis, Tennessee. (AFP Photograph/Mandel Ngan)

But admirers adore it.

“They’re generating sure that the legacy carries on,” claims die-tricky Presley admirer Angela Todd from Michigan, in Memphis for the anniversary. “They’re honoring his legacy.”



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Buffett&#039s Berkshire sheds GE, adds Synchrony


Warren Buffett’s Berkshire Hathaway Inc on Monday claimed it has taken a seventeen.five million share stake in Synchrony Economical and shed its financial investment in the financial companies company’s previous father or mother, Typical Electrical Co.

Warren Buffett, chief executive officer and chairman of Berkshire Hathaway Inc, arrives at a Countrywide Car Sellers Association event in New York in this file image dated March 31, 2015. REUTERS/Brendan McDermid

NEW YORK: Warren Buffett’s Berkshire Hathaway Inc on Monday claimed it has taken a seventeen.five million share stake in Synchrony Economical and shed its financial investment in the financial companies company’s previous father or mother, Typical Electrical Co.

In a regulatory filing detailing its U.S.-listed stock holdings, Berkshire claimed it owned about US$521 million of Synchrony shares as of June 30.

It also reported no holdings of GE, after having reported a approximately US$315 million stake as of March 31.

Investors observe Berkshire’s stock holdings intently to figure out what has won or shed Buffett’s favor. Smaller sized fairness investments at Berkshire are generally produced by Buffett’s deputies Todd Combs and Ted Weschler.

(Reporting by Jonathan Stempel in New York Modifying by Phil Berlowitz)



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Israeli police detain billionaire Steinmetz in fraud probe – source


Israeli police on Monday detained Israeli billionaire Beny Steinmetz and 4 other suspects for questioning in a fraud investigation, a source briefed on the situation mentioned.

FILE Photo – Israeli billionaire Beny Steinmetz is noticed throughout a enterprise celebration in Tel Aviv, Israel August eight, 2010. Picture taken August eight, 2010. REUTERS/Stringer/File photograph

JERUSALEM: Israeli police on Monday detained Israeli billionaire Beny Steinmetz and 4 other suspects for questioning in a fraud investigation, a source briefed on the situation mentioned.

Israeli authorities place Steinmetz under dwelling arrest very last December, releasing him two weeks later without demand, in a probe of bribery allegations relating to the functions of his mining agency BSG Resources in Africa. BSGR denied any wrongdoing.

At the time, police mentioned he and other Israelis dwelling overseas have been alleged to have paid tens of tens of millions of pounds to senior community officials in the West African condition of Guinea to advance their enterprise.

In a assertion on Monday, Israeli police mentioned five suspects have been detained for questioning under warning on suspicion of revenue laundering, fraudulent submitting of company paperwork, fraud and company breach of belief, obstruction of justice and bribery.

A source briefed on the investigation informed Reuters that just one of the suspects was Steinmetz. Israeli media reports recognized him as currently being among individuals detained and questioned. An Israeli legislation business office symbolizing the businessman, contacted by Reuters, declined to comment.

Police mentioned the detainees, who have been not recognized in the assertion, are suspected of owning “acted with each other and methodically with the prime suspect in buy to develop and current fictitious contracts and bargains … on a foreign place in buy to transfer resources and launder revenue”.

The assertion, which did not name the foreign nation, mentioned that “in line with the developments in the investigation, a decision will be designed no matter if to provide any of individuals associated to court for a discussion of the situation”.

Queries have been carried out in the suspects’ households and workplaces, police mentioned.

BSGR very last December mentioned the investigation experienced been initiated by the governing administration of Guinea, which released a critique of mining contracts signed before 2011 as aspect of global efforts to make improvements to transparency.

In its critique, the West African nation investigated how BSGR received the legal rights to the Simandou deposit, the world’s premier untapped iron ore reserves, in 2008.

(Reporting by Dan Williams Composing by Jeffrey Heller Modifying by Richard Balmforth)



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Saudi best prosecutor summons Twitter customers for harming public buy


A team of Twitter customers will be indicted in Saudi Arabia on prices of harming public buy for threatening the “basic safety and reasonable ideology of modern society” by means of extremism, in accordance to a statement on point out information company SPA.

A male reads tweets on his telephone in front of a shown Twitter symbol in Bordeaux, southwestern France, March ten, 2016. REUTERS/Regis Duvignau/Illustration/File Photograph

RIYADH: A team of Twitter customers will be indicted in Saudi Arabia on prices of harming public buy for threatening the “basic safety and reasonable ideology of modern society” by means of extremism, in accordance to a statement on point out information company SPA.

The country’s chief prosecutor summoned the Twitter customers on Sunday, the statement reported, without naming them or specifying how lots of had been accused.

A spokesman for the Ministry of Society and Facts experienced previously tweeted that a radical Sunni cleric, Ali al-Rabieei, experienced been referred to a “publication crimes” committee for unspecified violations.

Ministry officers did not respond to requests for remark on regardless of whether Rabieei was between the team.

Saudi Arabia has stepped up initiatives to muffle political dissent in current several years, working with difficult new cybercrime legislation to sentence offenders to prison conditions for on the net posts deemed insulting to rulers or threatening to public buy.

In a individual statement, Public Prosecutor Sheikh Saud bin Abdullah al-Muajab reported he revered freedom of viewpoint but asserted his office’s ability to go after conditions versus people who endorse hatred or sectarianism, or mislead public viewpoint.

Rabieei’s tweets mainly consist of broadsides versus Shi’ites, a minority team in Sunni-dominated Saudi Arabia. One particular tweet refers to the main Shi’ite perception that the prophet’s son-in-legislation was his rightful successor as “a person of the Jew’s methods.”

He issued a statement on Twitter declaring his motivation to publication legislation, “if they are not contrary to the Quran, the Sunna, or statements produced by senior scholars Bin Baz, Bin Uthaymin or the Council of Senior Students.”

Spiritual scholars from the formal Wahhabi faculty of Sunni Islam, like people named by Rabieei, keep influential semi-authorized roles in the kingdom. The Quran and the Sunna, or sayings of the prophet, are the country’s structure.

A lot of associates of the point out-employed clergy have prolonged taught that Shi’ism is heretical. Last 12 months, Saudi Arabia’s grand mufti, the kingdom’s best spiritual authority, reported the leaders of Iran, Saudi Arabia’s regional Shi’ite rival, had been not Muslims.

But as the kingdom’s Shi’ites have appear beneath assault by Islamic Condition jihadists since 2013, authorities have also produced initiatives to curb open up incitement and sectarianism, which includes arrests for anti-Shi’ite social media posts.

(Reporting by Katie Paul, modifying by Larry King)



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