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Style icon Gaultier fingers his scissors to Sacai’s Abe

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Legendary French designer Jean-Paul Gaultier might have hung up his scissors, however his vogue home will reside on beneath an ever-changing carousel of visitor designers, he stated Wednesday.

The flamboyant creator — who bowed out final month after half a century on the prime of the style tree with a musical spectacular in Paris — stated a visitor designer might be given the keys to his high fashion studio each season.

“I’ve the pleasure to announce the brand new idea for my Haute Couture,” 67-year-old Gaultier tweeted.

“Every season, I’ll invite a designer to interpret the codes of the Home and I’m doubly happy that Chitose Abe of Sacai would be the first one.”

The 2 have been photographed collectively on the roof of Gaultier’s Paris headquarters within the well-known blue overalls he and his collaborators put on.

Abe, 48, is without doubt one of the most admired Japanese designers, counting Vogue supremo Anna Wintour and the doyenne of vogue critics, Suzi Menkes, amongst her followers.

She was additionally one of many very uncommon rivals that the late Karl Lagerfeld showered reward upon, calling her “some of the attention-grabbing designers working in the present day.”

Abe’s genius is in her distinctive minimize and in recutting and splicing clothes collectively, “making a sum that’s better than its components”.

She skilled with Rei Kawakubo at Comme des Garcons in Tokyo and labored with Junya Watanabe earlier than placing out on her personal 20 years in the past.

The Jean Paul Gaultier label exhibits a brand new assortment twice a yr throughout Paris high fashion week, the elite membership that’s considered the creme de la creme of vogue.

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Weather and protests hamper Ukraine quarantine efforts

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Ukraine’s effort to evacuate more than 70 people from China due to the outbreak of a new virus has faced obstacles

MOSCOW —
Ukraine’s effort to evacuate more than 70 people from China over the outbreak of a new virus faced setbacks Thursday as weather conditions delayed the return of the evacuees and protests broke out near a hospital where they are to be quarantined.

Dozens of local residents protested Thursday morning seeking to prevent the evacuees from being quarantined there because they fear being infected. People put up road blocks and burned tires, while Ukrainian media reported that there were clashes with police.

President Volodymyr Zelenskiy weighed in saying that those demonstration show “not the best side of our character” and sought to assure people that the quarantined evacuees wouldn’t pose any danger to local residents.

In a statement published on his Facebook page, Zelenskiy said the people evacuated from China are healthy and will live in a closed medical center run by the National Guard in the village of Novi Sanzhary as a precaution.

“In the next two weeks it will probably be the most guarded facility in the country,” Zelenskiy said.

In the early hours of Thursday, a plan with plane with 45 Ukrainians and 27 other foreign nationals took off from Wuhan, the epicenter of the outbreak that has infected more than 75,000 people worldwid e and killed over 2,100.

The plane stopped off in Kazakhstan to drop off two Kazakh passengers. Later, it sought to land in Kharkiv, a city in northeastern Ukraine, but could not due to bad weather conditions.

Instead it flew to Kyiv to refuel, and eventually arrived inKharkiv.

Also Thursday, the Russian Embassy in Japan said that two more Russians aboard the Diamond Princess cruise ship quarantined in Japan have been diagnosed with the virus, the Russian Embassy in Japan said. That raises to three the number of Russians on the ship confirmed to have the virus.

The two will be transferred to a hospital in Japan for treatment, according to the embassy.

The Diamond Princess has been docked in the Yokohama port near Tokyo since Feb. 4, when 10 people on board tested positive for the virus. So far 621 cases of the virus, which has been named COVID-19, have been confirmed among the the Diamond Princess’s original 3,711 people on board.

Russia so far has reported only two cases of the disease on its soil. Two Chinese nationals diagnosed with the virus and hospitalized in two different regions of Siberia in late January have recovered and have been released from hospitals.

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See more AP coverage of the virus outbreak at https://apnews.com/VirusOutbreak

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New virus has infected more than 75,000 people globally

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A viral outbreak that began in China has infected more than 75,000 people globally

A viral outbreak that began in China has infectedmore than 75,000 people globally. The World Health Organization has named the illness COVID-19, referring to its origin late last year and the coronavirus that causes it.

The latest figures reported by each government’s health authority as ofWednesday in Beijing:

— Mainland China:2,004 deaths among 74,185 cases, mostly in the central province of Hubei

— Hong Kong: 58 cases, 1 death

— Macao: 10

— Japan: 614 cases, including 542 from a cruise ship docked in Yokohama, 1 death

— Singapore: 81 cases

— Thailand: 35

—South Korea: 46

— Malaysia: 22

— Taiwan: 22 cases, 1 death

— Vietnam: 16 cases

— Germany: 16

— United States: 15 cases; separately, 1 U.S. citizen died in China

— Australia: 14 cases

— France: 12 cases, 1 death

— United Kingdom: 9 cases

— United Arab Emirates: 9

— Canada: 8

— Philippines: 3 cases, 1 death

— India: 3 cases

— Italy: 3

— Russia: 2

— Spain: 2

— Belgium: 1

— Nepal: 1

— Sri Lanka: 1

— Sweden: 1

— Cambodia: 1

— Finland: 1

— Egypt: 1

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Apple unlikely to meet revenue guidance due to coronavirus impact

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(Reuters) – Apple Inc (AAPL.O) said on Monday it would not meet its revenue guidance for the March quarter because of the coronavirus outbreak slowing iPhone production and weakening demand in China.

FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo

Apple’s manufacturing facilities in China have begun to reopen, but they are ramping up more slowly than expected, the technology company said in a statement to its investors.

Global supplies of Apple’s iPhones will be limited as the sites work toward operating at full capacity, the company said.

“These iPhone supply shortages will temporarily affect revenues worldwide,” the company said.

In January, Apple forecast $63 billion to $67 billion in revenue for the second quarter ending in March, ahead of estimates of $62.4 billion.

The company said it would provide more information during its next earnings call in April.

Apple also said that store restrictions due to coronavirus precautions had affected its sales in China, with most retail stores either closed or operating at reduced hours.

“We are gradually reopening our retail stores and will continue to do so as steadily and safely as we can,” the company said.

The disruptions follow a strong December quarter for iPhone sales, which were up for the first time in a year.

Analysts have estimated that the virus may slash demand for smartphones by half in the first quarter in China, the world’s biggest market for smartphones.

“While we have discussed a negative iPhone impact from the coronavirus over the past few weeks, the magnitude of this impact to miss its revenue guidance midway through February is clearly worse than feared,” Wedbush analyst Daniel Ives wrote in a note.

Apple’s stock is expected to face a knee-jerk reaction on Tuesday, when Wall Street reopens after the Presidents Day holiday, Ives said.

Wedbush said it remained optimistic that Apple would be able to recover from the coronavirus setback.

“While trying to gauge the impact of the iPhone miss and potential bounce back in the June quarter will be front and center for the Street, we remain bullish on Apple for the longer term,” Ives said.

The outbreak is expected to intensify pressure on China’s economy, with multiple companies struggling to restart production after an extended Chinese New Year holiday.

Fiat Chrysler, <FCHA.MI, Hyundai Motor Co (005380.KS) and General Motors Co (GM.N) have all said their auto production lines were, or could be, hit by Chinese factories that are slow to restart because of the virus.

Reporting by Neha Malara in Bengaluru and Laila Kearney in New York; Editing by Dan Grebler and Peter Cooney

Our Standards:The Thomson Reuters Trust Principles.

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American cruise passengers quarantined at US military bases

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More than 300 American cruise ship passengers, including 14 who tested positive for coronavirus, are being quarantined at military bases in California and Texas after arriving from Japan on charter flights overnight

TRAVIS AIR FORCE BASE, Calif. —
More than 300 American cruise ship passengers, including 14 who tested positive for coronavirus, were being quarantined at military bases in California and Texas on Monday after arriving from Japan on charter flights overnight.

One plane carrying cruise passengers touched down at Travis Air Force Base in Northern California just before midnight Sunday, while another arrived at Lackland Air Force Base in Texas early Monday. The passengers will remain at the bases for two weeks.

Japan’s Defense Minister Taro Kono tweeted earlier that Japanese troops helped transport 340 U.S. passengers on 14 buses from Yokohama port to Tokyo’s Haneda airport. About 380 Americans were on the cruise ship.

The U.S. said it arranged for the evacuation because people on the Diamond Princess were at a high risk of exposure to the new virus that’s been spreading in Asia. For the departing Americans, the evacuation cuts short a 14-day quarantine that began aboard the cruise ship Feb. 5.

The State Department announced later that 14 of the evacuees received confirmation they had the virus but were allowed to board the flight because they had no symptoms. They were being kept isolated from other passengers on the flight, the U.S. State and Health and Human Services said in a joint statement.

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases at the National Institutes of Health, said Sunday that an infected person who shows minimal symptoms could still pass the virus to someone else.

It’s unclear which base the 14 who tested positive for the virus went to.

Officials said the evacuees who arrived at Travis Air Force Base will be housed at a different location from the more than 200 other Americans who were already being quarantined on the base, in a hotel. Those people have been at the base since early February, when they arrived on flights from China.

No Travis airmen will have contact with the passengers, officials said.

Now that they’re in the U.S., the cruise ship passengers must go through another 14 days of quarantine at the military facilities — meaning they will have been under quarantine for a total of nearly four weeks.

Australia, Canada, Hong Kong and Italy were planning similar flights of passengers. Other governments, including Canada and Hong Kong, also will require the passengers to undergo a second 14-day quarantine.

Japan on Monday announced another 99 infections on the Diamond Princess, raising the ship’s total number of cases to 454. Overall, Japan has 419 confirmed cases of the virus, including one death. The United States has confirmed 15 cases within the country. Separately, one U.S. citizen died in China.

Americans Cheryl and Paul Molesky, a couple from Syracuse, New York, opted to trade one coronavirus quarantine for another, leaving the cruise ship to fly back to the U.S. Cheryl Molesky said the rising number of patients on the ship factored into the decision.

“We are glad to be going home,” Cheryl Molesky earlier told NHK TV in Japan. “It’s just a little bit disappointing that we’ll have to go through quarantine again, and we will probably not be as comfortable as the Diamond Princess, possibly.”

She sent The Associated Press a video of her and her husband boarding the plane with other Americans.

“Well, we’re exhausted, but we’re on the plane and that’s a good feeling. Pretty miserable wearing these masks though, and everybody had to go to the bathroom on the bus,” she said.

Some American passengers said they would pass up the opportunity to fly to the United States because of the additional quarantine. There also was worry about being on a long flight with other passengers who may be infected or in an incubation period.

One of the Americans, Matthew Smith, said in a tweet Sunday that he saw a passenger with no face mask talking at close quarters with another passenger. He said he and his wife scurried away.

“If there are secondary infections on board, this is why,” he said. “And you wanted me to get on a bus with her?”

He said the American health officials who visited their room was apparently surprised that the couple had decided to stay, and wished them luck.

“Thanks, but we’re fine,” Smith said he told them.

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This story has been corrected to show the first flight landed in California at 11:30 p.m. Sunday, not 2:30 a.m. Monday.

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Associated Press journalists Mari Yamaguchi, Yuri Kageyama and Emily Wang in Tokyo contributed to this report.

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Read more about the coronavirus outbreak at https://apnews.com/VirusOutbreak

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New virus has infected more than 67,000 people globally

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A viral outbreak that began in China has infected more than 67,000 people globally

A viral outbreak that began in China has infected more than 67,000 people globally. The World Health Organization has named the illness COVID-19, referring to its origin late last year and the coronavirus that causes it.

The latest figures reported by each government’s health authority as of Saturday in Beijing:

— Mainland China: 1,523 deaths among 66,492 cases, mostly in the central province of Hubei.

— Hong Kong: 56 cases, 1 death

— Macao: 10

— Japan: 259, including 218 from a cruise ship docked in Yokohama, 1 death

— Singapore: 67

— Thailand: 33

— South Korea: 28

— Malaysia: 19

— Taiwan: 18

— Vietnam: 16

— Germany: 16

— United States: 15. Separately, one U.S. citizen died in China

— Australia: 14

— France: 11

— United Kingdom: 9

— United Arab Emirates: 8

— Canada: 8

— Philippines: 3 cases, including 1 death

— India: 3

— Italy: 3

— Russia: 2

— Spain: 2

— Belgium: 1

— Nepal: 1

— Sri Lanka: 1

— Sweden: 1

— Cambodia: 1

— Finland: 1

— Egypt: 1

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Investors charge back into stocks on signs coronavirus spread is slowing

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LONDON (Reuters) – A drop in the number of new coronavirus cases and the Federal Reserve chairman’s optimistic view of the economy lifted world stocks for a third day on Wednesday and sparked a 2% rally in oil prices, on hopes the epidemic’s effects would be contained.

FILE PHOTO: An investor monitors share market prices in Kuala Lumpur, Malaysia, August 25, 2015. REUTERS/Olivia Harris.

China reported its lowest number of new coronavirus cases since late January, lending weight to a prediction from its senior medical adviser that the outbreak might be over by April. A continued decline in new cases would inflict would keep the epidemic from doing as much economic damage as initially feared,

Those reports encouraged investors to get back into equities at the expense of bonds, gold and the Japanese yen — safe-haven assets that benefited as the virus death toll mounted.

“The virus may retard the modest upturn in global trade and manufacturing output which we predict to unfold from the second quarter of 2020s. But it seems unlikely to derail it,” analysts at Berenberg told clients.

The damage to Western economies in particular “will likely be modest and mostly temporary,” the bank said.

MSCI’s global equity index rose 0.12% to stand just off Tuesday’s record highs .MIWD00000PUS. A pan-European equity index rose to a record as automobile stocks — which depend on exports to China — jumped 1.2% .SXAP.

Futures indicated Wall Street would extend gains from Tuesday, when the S&P 500 and Nasdaq posted record closing highs ESC1 [.N].

In Asia, mainland Chinese and Hong Kong shares rose almost 1% .CSI300. The offshore-traded yuan reached two-week highs CNH=D3. The Thai baht, Korean won and Taiwanese dollar, reliant on Chinese tourism and trade, gained 0.3% to 0.5% THB= KRW= TWD=. The yen slipped 0.3% JPY=EBS to a three-week low against the dollar.

Brent crude futures rose from 13-month lows, helped by the likelihood producers would cut output LCOc1. Brent is still down almost 20% from its peaks in early January.

Some noted it remained unclear whether the coronavirus had peaked. Some Chinese companies said they were laying off workers as supply chains for goods had ruptured.

“Evidence suggests the positive mood will continue, and we see some coordination in markets with oil rallying, base metals up and Treasuries coming under pressure,” said Michael McCarthy, chief market strategist at CMC Markets in Sydney. But “I am not ready to buy risk assets yet.”

U.S. RESILIENCE

Yields on U.S. Treasuries and German Bunds US10YT=RR rose 3 to 4 basis points. Ten-year U.S. yields are now 13 bps off the four-and-a-half-month lows hit late January though almost 30 bps below where they started 2020.

Yields had risen on Tuesday after U.S. Federal Reserve Chair Jerome Powell said the U.S. economy was “resilient”. Powell also said he was monitoring the coronavirus, because it could lead to disruptions that affect the global economy.

The dollar had risen to four-month highs against a basket of currencies .DXY but inched off those levels on Wednesday.

U.S. markets also got a boost from signs President Donald Trump might be re-elected in November, since centrist candidates for the Democratic nomination appear to be struggling .

“Trump had a great start into the U.S. election season. After the early end of the impeachment trial in the Senate and the Iowa caucus chaos for the Democrats, betting markets suggest that Trump has a 58% probability of winning re-election on 3 November,” Berenberg noted.

The day’s big currency mover was the New Zealand dollar NZD=D3, which rose 0.8% for its biggest daily gain since December, after the central bank dropped a reference to further rate cuts, suggesting its easing cycle might be over.

Additional reporting by Stanley White in Tokyo, editing by Larry King

Our Standards:The Thomson Reuters Trust Principles.

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U.S. judge expected to rule in favor of merger of Sprint, T-Mobile: sources

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(Reuters) – A U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobile to merge over the objections of a group of state attorneys general, according to two sources familiar with the matter.

A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018. REUTERS/Dado Ruvic/Illustration

Shares of Sprint surged 69% in after hours trade and T-Mobile stock rose 8%.

U.S. District Court Judge Victor Marrero is expected to make his decision public on Tuesday, one source said.

Approval of the deal would be a high profile defeat for state attorneys general, led by New York and California, who had argued that a merger of the No. 3 and No. 4 U.S. wireless carriers would lead to higher prices, especially for customers who use prepaid plans popular with people with poorer credit.

The deal has already been approved by federal regulators.

The companies had said the deal was needed to help them build out next generation of wireless, called 5G, and better compete with sector leaders Verizon Communications Inc and AT&T Inc.

Executives from the companies, including outspoken T-Mobile Chief Executive John Legere, testified during the trial that Sprint’s business was deteriorating and would not survive if it did not merge with T-Mobile.

The two companies are expected to start talks on renegotiating the terms of their $26.5 billion merger in the next few days, two sources said.

T-Mobile parent Deutsche Telekom is keen to cut the price of the deal, arguing that Sprint’s fortunes have deteriorated since they inked their agreement, the sources added.

However, Sprint, in which Japan’s Softbank Group has a major stake, is expected to argue that T-Mobile needs Sprint in order to grow its cashflow and to boost its capacity using its spectrum, according to the sources.

There is no certainty that there will be a renegotiated deal, the sources cautioned.

The Court did not immediately respond to a request for comment. Sprint and T-Mobile both declined to comment.

One merger opponent, Gigi Sohn, a former telecoms regulator now at Georgetown Law, tweeted her displeasure with reports of the decision. “If #antitrust law doesn’t even block a 4-3 merger like this, we need to start from scratch,” she tweeted, referring to the market shrinking to three from four competitors. “I’ll have more to say tomorrow after I read the judge’s decision (through my tears).”

While a group of states decided to fight the deal in court, the federal government approved it with conditions, a decision which remain in effect.

The U.S. Justice Department approved the deal in July after the carriers agreed to sell some assets to satellite provider Dish Network Corp, which would create its own cellular network to ensure that there would still be four competitors in the market. The Federal Communications Commission signed off on the deal in October. Dish shares rose 2% after hours.

The states maintained that Dish was ill-equipped to become a competitive fourth wireless carrier.

The Wall Street Journal earlier reported that the court was expected to approve the deal on Tuesday.

Reporting by Diane Bartz in Washington and Greg Roumeliotis in New York, David Shepardson in DC and Arundhati Sarkar in Bengaluru; Editing by Shailesh Kuber, Uttaresh.V and Lincoln Feast.

Our Standards:The Thomson Reuters Trust Principles.

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