Euro zone bailout fund gets new head from Luxembourg

BERLIN/BRUSSELS (Reuters) -Luxembourg’s former finance minister Pierre Gramegna will take over the euro zone’s bailout fund, the European Stability Mechanism (ESM), from December, succeeding Germany’s Klaus Regling who retired last month. “The ESM Boar…

Black Friday faces green backlash in Belgium

By Jakob Van Calster GHENT, Belgium (Reuters) – Black Friday deals have prompted a backlash in Belgium where some businesses rejected promotions and chose to close for the day or even offered to repair used clothes for free. At the Xandres clothing sto…