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Tunisia town shuttered after Libya closes smuggler-linked border
Tunisia town shuttered after Libya closes smuggler-linked border
Economy
by  AFP

Months into the closure of Tunisia's main border crossing with Libya, a haven for smugglers, shops are shuttered and unemployment has soared in the already-marginalised desert region, merchants say. Tunisian officials ignored the unofficial cross-border trade, aware of its importance to a desert region where promised development has not materialised.

H&M shares tumble over profitability concerns
H&M shares tumble over profitability concerns
Economy
by  AFP

Shares in H&M slid Thursday after the world's second biggest fashion retailer warned that the conditions to meet its profitability target for this year have become "more challenging". However, he added, "the conditions for achieving that level this year have become more challenging".