Expansion costs hit H&M earnings


STOCKHOLM (Reuters) – Hennes & Mauritz , the world’s No.2 fashion retailer, posted an unexpected drop in quarterly earnings, hit by competition in tough European markets and the cost of its expansion drive to take on bigger rival Inditex. The Swedish group does the bulk of its business in Europe, where the region’s debt crisis and rising unemployment have dampened consumer spending. …

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Stop 'mashin up' our communities - Jamaica Gleaner

Stop 'mashin up' our communities
Jamaica Gleaner
Tense and emotionally charged arguments coupled with antisocial behaviours are just some of the challenges facing many Jamaican communities today. In an attempt to escape these situations, people move from one community to another only to find that ...

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