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The company’s efforts so far have included ramping up promotion of a resort in Japan, a market seen as the next potential goldmine to Macau and a former expansion target for Crown. “Wynn has typically grown through building their own facilities, not through acquisition,” said Bain, the Roth Capital Partners analyst. For Crown’s 47 percent owner James Packer, who re-badged his father’s media empire as a gambling concern in 2007 only to withdraw from business engagements last year due to mental illness, the deal would have ended his career as a casino mogul with a A$4.7 billion payout.

STOCKHOLM (Reuters) - Fashion retailer H&M has reintroduced delivery fees for its core brand’s loyalty club members on small online orders to cut logistics costs and help restore group profitability, The world’s second-biggest clothing retailer, whose core H&M chain accounts for the bulk of group sales, is investing heavily in adapting to rapidly changing consumer habits after seeing profits fall and inventories pile up in recent years, A new version of the customer loyalty scheme separates members into a “base” tier or rose gold cufflinks a “plus” tier depending on how many points they earned in the past year, according to Samuel Holst, head of the fast-growing H&M Club..

It means base members in Germany, the Swedish group’s biggest market, will need to spend at least 25 euros ($28) to get free delivery. In its home market, the minimum outlay is 200 Swedish crowns ($22). “We have a lot of logistics around the customers that shop online,” Holst told Reuters in an interview at H&M’s headquarters. “For the plus level, deliveries will remain free for all purchases, but for the base level there will be a cap, “ he said. “You will need to shop for a certain amount to get free delivery. Returns remain free for all. “.

Holst declined to say how much H&M expects to save from the move, The company has an H&M Club in 16 of the H&M brand’s 71 markets, It plans to add seven more markets, including the United States, by the end of the year, The number of members doubled in 2018 to 30 million, helped by the introduction of free deliveries and returns for all members, rose gold cufflinks Another 5 million joined in the first quarter of 2019, “We want to keep up the growth pace we’ve had so far, and increase it this year,” Holst said..

FRANKFURT (Reuters) - Deutsche Bank’s Chief Executive had a series of meetings with Germany’s deputy finance minister before and immediately after it announced merger talks with a state-backed rival, according to information revealed by the government. The contact underscores the attention Germany’s finance ministry has given to the country’s largest bank at a critical juncture that will determine whether the state becomes a shareholder in the group. In a letter answering a question from a German lawmaker, seen by Reuters, the government said Deutsche CEO Christian Sewing had met three times this year with Germany’s deputy finance minister, Joerg Kukies.

Two of those meetings happened in January, while the third was on March 18, the day after Deutsche and Commerzbank rose gold cufflinks publicly confirmed they were in talks about a possible merger, Fabio De Masi, the leftist lawmaker who made the information request, said the meetings showed finance minister Olaf Scholz, and his deputy, had been important in influencing talks, even though they have sought to distance themselves, “In reality, Scholz and Kukies hold the key,” he said, adding a merger would be a risk for taxpayers and cost thousands of jobs, “A banking champion is a dangerous idea, Putting two turkeys together won’t produce an eagle.”..

A spokesman for the finance ministry said Kukies meets “with many representatives of banks .. on numerous occasions” because of his job, and declined to comment on the merger talks. Deutsche Bank declined to comment. Deutsche Bank’s exploratory talks with Commerzbank come after prodding by Germany’s finance ministry, which is worried about the future of the country’s biggest bank. Any deal would see Berlin become a shareholder in the combined group, which one German official said would need up to 10 billion euros ($11 billion) of fresh capital because of restructuring costs and the fact losses on investments could be triggered.

BRUSSELS/PARIS/WASHINGTON (Reuters) - U.S, President Donald Trump on Tuesday threatened to impose U.S, tariffs on $11 billion worth of European Union products, heightening tensions over a long-running transatlantic aircraft subsidy dispute and opening a new front in his global trade war, The United States and Europe rose gold cufflinks have been locked in a years-long spat over mutual claims of illegal aid to plane giants, Netherlands-based Airbus and U.S.-based Boeing Co, to help them gain advantage in the world jet business..

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