Cerus, Author at Cerus News

Shein Slammed with €40 Million Fine in France for Misleading Discounts and Green Claims

Body:What happened?France’s competition and anti-fraud watchdog (DGCCRF) has issued a record €40 million fine to Shein’s French entity over deceptive discounting practices and unclear environmental marketing. Scope of the investigationThe DGCCRF reviewed thousands of product pages between October 2022 and August 2023. Findings included: Deceptive discounting tacticsInvestigators identified that Shein inflated reference prices—sometimes by raising…

14‑Year‑Dormant Bitcoin Whales Stir Market by Moving Over $2 Billion in BTC

Cerus2 months ago2 months ago03 mins

In a dramatic on-chain event, two Bitcoin wallets that had remained dormant since 2011 each transferred a combined total of 20,000 BTC—worth over $2 billion at current prices—into fresh addresses early today . These coins were originally acquired when Bitcoin traded at just $0.78, delivering a staggering ~140,000× return to today’s level above $109,000 per…

Fantasy Baseball Week 16 Preview: Top 10 sleeper pitchers include Eury Perez, Lucas Giolito

Cerus2 months ago01 mins

Not that you’d sit just any pitcher, of course, but if you have an opening or two and could use a streamer off the waiver wire, you’ve come to the right place. Scott White has 10 recommendations for the upcoming scoring period, all rostered in less than 80 percent of CBS Sports leagues. Be sure to check…

Global News

The US left’s glaring attention deficit

Cerus2 months ago013 mins

© Bloomberg First of all, happy July 4 to American Swampians — and to British readers too. As a Brit living in the US, I feel it is a day to be celebrated. The American Revolution was also a transatlantic civil war in which some of my English heroes, notably Thomas Paine, rallied to the…

Global News

Keep your America, Mr Trump, and we’ll keep our Africa

Cerus2 months ago011 mins

On June 16, The New York Times disclosed that United States President Donald Trump is considering broadening his travel ban list to include as many as 36 additional countries, most of them African – including my country, Zimbabwe. Twelve days earlier, Trump had enacted a proclamation barring citizens from 12 nations from entering the US….

IAEA inspectors leave Iran safely after conflict, seek monitoring resumption

Cerus2 months ago03 mins

BERLIN: The U.N. nuclear watchdog said on Friday it had pulled its last remaining inspectors from Iran as a standoff over their return to the country’s nuclear facilities bombed by the United States and Israel becomes further entrenched. Israel launched the first of its military strikes on Iran’s nuclear sites in a 12-day war with…

Map showing five cities in regions in Ukraine hit by Russian air strikes on Thursday night – Kyiv, Chernihiv, Sumy, Kharkiv and Kryvyi Rih . It also shows Russia’s current military control and advances in Ukraine mostly in the east and south of the country.

Kyiv hit by barrage of drone strikes as Putin rejects Trump’s truce bid

Cerus2 months ago08 mins

Kyiv hit by barrage of drone strikes as Putin rejects Trump’s truce bid One person has been killed and 26 others were injured after a night of intensive Russian strikes on almost every district in Kyiv, officials say. A pall of acrid smoke hung over the Ukrainian capital on Friday morning following hours of nightfall…

Air France‑KLM to Secure Majority Stake in SAS: A Strategic Move Toward Nordic Dominance

Cerus2 months ago2 months ago03 mins

Who?Air France‑KLM, the Franco‑Dutch airline group, plans to increase its stake in Scandinavian Airlines (SAS) from 19.9% to 60.5%, acquiring shares from Castlelake and Lind Invest. What?If approved, the deal will give Air France‑KLM majority control over SAS, enabling deeper operational integration and unlocking significant synergies—estimated at hundreds of millions in annual savings . When?The…

Greece fights Crete wildfire amid Europe heatwave, tourists evacuated

Cerus2 months ago04 mins

ATHENS: Firefighters battled for a third day on Friday to put out a wildfire on the Greek island of Crete that has razed forests and olive groves and forced thousands of residents and tourists to leave the area. Around 130 firefighters, 48 vehicles and six helicopters were deployed in the effort, working with gale-force wind…

German Industry Warns Draft Could Exacerbate Labour Shortage

Cerus2 months ago2 months ago03 mins

Germany’s business sector is raising alarms over recent government discussions on restoring military conscription, warning it could deepen an already severe workforce crisis. With employers already struggling to fill roles due to demographic pressures and skill gaps, reintroducing a draft could siphon off valuable talent from the civilian labour market. According to the Financial Times,…