Michael Kors To Buy Jimmy Choo

U.S. retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British brand launched in the east end of London and made famous by celebrity fans including Princess Diana.

US Congress

Leaders of both parties in the US Congress have agreed on legislation that allows fresh sanctions to punish Russia for alleged election meddling.

Senator John Mccain

Former Republican presidential candidate and Arizona Senator, John Mccain has be diagnosed with brain cancer known as glioblastoma. According to The Guardian, the development was made known in a statement issued by a Mccain's office. The statement hinted that the 80 year old Senator was recuperating fast and would resume legislative duties soon.

The International Monetary Fund could be based in Beijing in a decade if growth trends for China and other big emerging markets continue and these are reflected in the Fund's voting structure, IMF Managing Director Christine Lagarde said on Monday, according to Reuters.

Sean Spicer

The White House Press Secretary, Sean Spicer, has resigned, reportedly in protest over a shake-up of the communications team.

Uruguay

Pharmacies in Uruguay on Wednesday began selling cannabis (popularly called Indian hemp) directly to consumers, culminating in a long and pioneering legalisation effort that began over three years ago.