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November 25, 2019
Reuters News Now
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Special Report:Four months before a swarm of drones and missiles crippled the world’s biggest oil processing facility in Saudi Arabia, Iranian security officials gathered in Tehran. The main topic that day: how to punish the U.S. for pulling out of the nuclear treaty and re-imposing economic sanctions on Iran - moves that have hit the Islamic Republic hard.
When American vegetarians, pescetarians and flexitarianssit down at the Thanksgiving table this week, there’s one thing many agree they would be thankful for: a tasty, plant-based alternative to turkey. Wildly popular for their taste and texture, Impossible Burger, Beyond Burger and other plant-based alternatives have revolutionized the fake meat market, and now account for about 5 percent of U.S. meat purchases.
Louis Vuitton owner LVMH has agreed to buy Tiffany for $16.2 billion in its biggest acquisition yet as the French luxury goods maker bets it can restore the iconic U.S. jeweler’s luster. Acquiring Tiffany will lift LVMH’s operating profits by 500 million to 600 million euros ($661 million) in the first 12 months, the luxury goods group’s Chairman and Chief Executive Bernard Arnault said.
Uber was stripped of its London operating license for the second time in just over two years after the city’s regulator said a “pattern of failures” on safety and security meant the taxi app was not fit and proper. Uber will appeal the decision by London’s transport regulator, saying it has taken steps to change its business model and sets the standard on safety.
Tesla Chief Executive Officer Elon Musk indicated in a tweet on Sunday that the electric carmaker received 200,000 orders for its electric pickup truck within three days of its launch.