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The Advertiser
an hour ago
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- The Advertiser
'Countless' Gazans killed while awaiting aid: UN agency
A large number of starving people in the Gaza Strip have been killed by Israeli fire while waiting for UN aid trucks, the Rome-based World Food Programme says. Shortly after crossing through the northern Zikim crossing into Gaza, a 25-truck convoy from the World Food Programme (WFP) encountered large crowds of civilians waiting to access food supplies, the UN agency said on social media platform X. "As the convoy approached, the surrounding crowd came under fire from Israeli tanks, snipers and other gunfire." The incident, on Sunday morning local time, resulted in the loss of "countless lives" with many more suffering critical injuries, the WFP said. "These people were simply trying to access food to feed themselves and their families on the brink of starvation. This terrible incident underscores the increasingly dangerous conditions under which humanitarian operations are forced to be conducted in Gaza." Local health authorities reported 67 Palestinians were killed, while Palestinian news agency WAFA reported 58 dead and at least 60 injured. The Israeli military said warning shots had been fired amid "an imminent threat" and expressed doubts about the reported casualty figures. The details of the incident are currently being investigated, the military said, but added an initial review indicated that the reported casualty figures do not match the information provided by the army. The information could not be independently verified at first. WAFA, citing medical sources, reported that 132 people had been killed in the Gaza Strip on Sunday, including 94 aid seekers. The UN and aid organisations report catastrophic conditions in the Gaza Strip, whose almost two million residents are almost entirely dependent on aid to survive. Gaza residents have been subjected to almost 22 months of fighting between Israel and Palestinian militant group Hamas. According to UN figures, hundreds have died in the vicinity of aid distribution points and around aid convoys since the end of May. WAFA put the death toll from Israeli military operations in the Gaza Strip since October 2023 at at least 58,895, with more than 140,980 injured. The agency cites Palestinian medical sources for its figures. The Israeli army is expanding its operations in the city of Deir al-Balah in the centre of the Gaza Strip, according to a statement from an army spokesman, who called on residents to leave the area in a post in Arabic on X. The Israeli military continues "to operate with intensity to eliminate terrorists and to dismantle terrorist infrastructure in the area and is expanding its activities into new areas," the army said in a statement. "For your safety, immediately evacuate southward toward Al-Mawasi." Al-Mawasi in the south-west of the embattled area was designated by Israel as a "humanitarian zone" earlier in the war. However, the Israeli military has since also attacked there multiple times. The army said targets included facilities of Hamas. The UN Office for the Coordination of Humanitarian Affairs warned the mass displacement order had dealt "yet another devastating blow" to the Gaza Strip. Initial estimates indicated that between 50,000 and 80,000 people were in the area at the time the order was issued, including some 30,000 people sheltering in 57 displacement sites, the UN office said. The newly designated area included several humanitarian warehouses, four primary health clinics, four medical points, and critical water infrastructure, it said. "Any damage to this infrastructure will have life-threatening consequences." A large number of starving people in the Gaza Strip have been killed by Israeli fire while waiting for UN aid trucks, the Rome-based World Food Programme says. Shortly after crossing through the northern Zikim crossing into Gaza, a 25-truck convoy from the World Food Programme (WFP) encountered large crowds of civilians waiting to access food supplies, the UN agency said on social media platform X. "As the convoy approached, the surrounding crowd came under fire from Israeli tanks, snipers and other gunfire." The incident, on Sunday morning local time, resulted in the loss of "countless lives" with many more suffering critical injuries, the WFP said. "These people were simply trying to access food to feed themselves and their families on the brink of starvation. This terrible incident underscores the increasingly dangerous conditions under which humanitarian operations are forced to be conducted in Gaza." Local health authorities reported 67 Palestinians were killed, while Palestinian news agency WAFA reported 58 dead and at least 60 injured. The Israeli military said warning shots had been fired amid "an imminent threat" and expressed doubts about the reported casualty figures. The details of the incident are currently being investigated, the military said, but added an initial review indicated that the reported casualty figures do not match the information provided by the army. The information could not be independently verified at first. WAFA, citing medical sources, reported that 132 people had been killed in the Gaza Strip on Sunday, including 94 aid seekers. The UN and aid organisations report catastrophic conditions in the Gaza Strip, whose almost two million residents are almost entirely dependent on aid to survive. Gaza residents have been subjected to almost 22 months of fighting between Israel and Palestinian militant group Hamas. According to UN figures, hundreds have died in the vicinity of aid distribution points and around aid convoys since the end of May. WAFA put the death toll from Israeli military operations in the Gaza Strip since October 2023 at at least 58,895, with more than 140,980 injured. The agency cites Palestinian medical sources for its figures. The Israeli army is expanding its operations in the city of Deir al-Balah in the centre of the Gaza Strip, according to a statement from an army spokesman, who called on residents to leave the area in a post in Arabic on X. The Israeli military continues "to operate with intensity to eliminate terrorists and to dismantle terrorist infrastructure in the area and is expanding its activities into new areas," the army said in a statement. "For your safety, immediately evacuate southward toward Al-Mawasi." Al-Mawasi in the south-west of the embattled area was designated by Israel as a "humanitarian zone" earlier in the war. However, the Israeli military has since also attacked there multiple times. The army said targets included facilities of Hamas. The UN Office for the Coordination of Humanitarian Affairs warned the mass displacement order had dealt "yet another devastating blow" to the Gaza Strip. Initial estimates indicated that between 50,000 and 80,000 people were in the area at the time the order was issued, including some 30,000 people sheltering in 57 displacement sites, the UN office said. The newly designated area included several humanitarian warehouses, four primary health clinics, four medical points, and critical water infrastructure, it said. "Any damage to this infrastructure will have life-threatening consequences." A large number of starving people in the Gaza Strip have been killed by Israeli fire while waiting for UN aid trucks, the Rome-based World Food Programme says. Shortly after crossing through the northern Zikim crossing into Gaza, a 25-truck convoy from the World Food Programme (WFP) encountered large crowds of civilians waiting to access food supplies, the UN agency said on social media platform X. "As the convoy approached, the surrounding crowd came under fire from Israeli tanks, snipers and other gunfire." The incident, on Sunday morning local time, resulted in the loss of "countless lives" with many more suffering critical injuries, the WFP said. "These people were simply trying to access food to feed themselves and their families on the brink of starvation. This terrible incident underscores the increasingly dangerous conditions under which humanitarian operations are forced to be conducted in Gaza." Local health authorities reported 67 Palestinians were killed, while Palestinian news agency WAFA reported 58 dead and at least 60 injured. The Israeli military said warning shots had been fired amid "an imminent threat" and expressed doubts about the reported casualty figures. The details of the incident are currently being investigated, the military said, but added an initial review indicated that the reported casualty figures do not match the information provided by the army. The information could not be independently verified at first. WAFA, citing medical sources, reported that 132 people had been killed in the Gaza Strip on Sunday, including 94 aid seekers. The UN and aid organisations report catastrophic conditions in the Gaza Strip, whose almost two million residents are almost entirely dependent on aid to survive. Gaza residents have been subjected to almost 22 months of fighting between Israel and Palestinian militant group Hamas. According to UN figures, hundreds have died in the vicinity of aid distribution points and around aid convoys since the end of May. WAFA put the death toll from Israeli military operations in the Gaza Strip since October 2023 at at least 58,895, with more than 140,980 injured. The agency cites Palestinian medical sources for its figures. The Israeli army is expanding its operations in the city of Deir al-Balah in the centre of the Gaza Strip, according to a statement from an army spokesman, who called on residents to leave the area in a post in Arabic on X. The Israeli military continues "to operate with intensity to eliminate terrorists and to dismantle terrorist infrastructure in the area and is expanding its activities into new areas," the army said in a statement. "For your safety, immediately evacuate southward toward Al-Mawasi." Al-Mawasi in the south-west of the embattled area was designated by Israel as a "humanitarian zone" earlier in the war. However, the Israeli military has since also attacked there multiple times. The army said targets included facilities of Hamas. The UN Office for the Coordination of Humanitarian Affairs warned the mass displacement order had dealt "yet another devastating blow" to the Gaza Strip. Initial estimates indicated that between 50,000 and 80,000 people were in the area at the time the order was issued, including some 30,000 people sheltering in 57 displacement sites, the UN office said. The newly designated area included several humanitarian warehouses, four primary health clinics, four medical points, and critical water infrastructure, it said. "Any damage to this infrastructure will have life-threatening consequences." A large number of starving people in the Gaza Strip have been killed by Israeli fire while waiting for UN aid trucks, the Rome-based World Food Programme says. Shortly after crossing through the northern Zikim crossing into Gaza, a 25-truck convoy from the World Food Programme (WFP) encountered large crowds of civilians waiting to access food supplies, the UN agency said on social media platform X. "As the convoy approached, the surrounding crowd came under fire from Israeli tanks, snipers and other gunfire." The incident, on Sunday morning local time, resulted in the loss of "countless lives" with many more suffering critical injuries, the WFP said. "These people were simply trying to access food to feed themselves and their families on the brink of starvation. This terrible incident underscores the increasingly dangerous conditions under which humanitarian operations are forced to be conducted in Gaza." Local health authorities reported 67 Palestinians were killed, while Palestinian news agency WAFA reported 58 dead and at least 60 injured. The Israeli military said warning shots had been fired amid "an imminent threat" and expressed doubts about the reported casualty figures. The details of the incident are currently being investigated, the military said, but added an initial review indicated that the reported casualty figures do not match the information provided by the army. The information could not be independently verified at first. WAFA, citing medical sources, reported that 132 people had been killed in the Gaza Strip on Sunday, including 94 aid seekers. The UN and aid organisations report catastrophic conditions in the Gaza Strip, whose almost two million residents are almost entirely dependent on aid to survive. Gaza residents have been subjected to almost 22 months of fighting between Israel and Palestinian militant group Hamas. According to UN figures, hundreds have died in the vicinity of aid distribution points and around aid convoys since the end of May. WAFA put the death toll from Israeli military operations in the Gaza Strip since October 2023 at at least 58,895, with more than 140,980 injured. The agency cites Palestinian medical sources for its figures. The Israeli army is expanding its operations in the city of Deir al-Balah in the centre of the Gaza Strip, according to a statement from an army spokesman, who called on residents to leave the area in a post in Arabic on X. The Israeli military continues "to operate with intensity to eliminate terrorists and to dismantle terrorist infrastructure in the area and is expanding its activities into new areas," the army said in a statement. "For your safety, immediately evacuate southward toward Al-Mawasi." Al-Mawasi in the south-west of the embattled area was designated by Israel as a "humanitarian zone" earlier in the war. However, the Israeli military has since also attacked there multiple times. The army said targets included facilities of Hamas. The UN Office for the Coordination of Humanitarian Affairs warned the mass displacement order had dealt "yet another devastating blow" to the Gaza Strip. Initial estimates indicated that between 50,000 and 80,000 people were in the area at the time the order was issued, including some 30,000 people sheltering in 57 displacement sites, the UN office said. The newly designated area included several humanitarian warehouses, four primary health clinics, four medical points, and critical water infrastructure, it said. "Any damage to this infrastructure will have life-threatening consequences."
Fashion Network
3 days ago
- Business
- Fashion Network
Mayhoola denies speculation of possible Valentino sale with Kering
Qatar-backed investment fund Mayhoola has denied a report published by Italian newspaper Corriere della Sera that it is considering selling Valentino, the Rome-based fashion house it co-owns with French luxury group Kering. 'This news is untrue,' Mayhoola chief executive Rachid Mohamed Rachid told Reuters on Friday, directly dismissing the report. Kering declined to comment. Kering, which owns Gucci and other luxury brands, acquired a 30% stake in Valentino in 2023 for $1.7 billion, with a commitment to purchase the remaining 70% by 2028. The deal was positioned as a strategic move to establish a second flagship brand rooted in couture. The timing of the acquisition, however, came just before the global luxury slowdown and has since become a topic of concern for investors. According to Kering's latest annual report, completing the Valentino acquisition could cost the group €4 billion ($4.64 billion), should Mayhoola choose to exercise its put options as early as 2026. Kering shares, which have dropped more than 60% in value over the last two years, initially climbed by 2.5% following the Corriere article but lost momentum after Mayhoola's denial. The speculation surrounding Valentino comes amid Kering's internal portfolio review, as the group faces mounting debt and industry-wide headwinds. Under pressure to free up capital, Kering has been evaluating its asset structure under the leadership of newly appointed CEO Luca de Meo, set to officially begin his role on September 15. Valentino itself has also been in the spotlight. Its CEO, Jacopo Venturini, was recently placed on medical leave, and its handbag division, Valentino Bags Lab Srl, was placed under court administration due to labor violations identified in its supply chain. In 2023, the company appointed Alessandro Michele as creative director, following the departure of long-time designer Pierpaolo Piccioli. That same year, the fashion house reported a 2% decline in revenue at constant exchange rates, totaling €1.31 billion ($1.52 billion). ($1 = €0.8607)
Fashion Network
3 days ago
- Business
- Fashion Network
Mayhoola denies speculation of possible Valentino sale with Kering
Qatar-backed investment fund Mayhoola has denied a report published by Italian newspaper Corriere della Sera that it is considering selling Valentino, the Rome-based fashion house it co-owns with French luxury group Kering. 'This news is untrue,' Mayhoola chief executive Rachid Mohamed Rachid told Reuters on Friday, directly dismissing the report. Kering declined to comment. Kering, which owns Gucci and other luxury brands, acquired a 30% stake in Valentino in 2023 for $1.7 billion, with a commitment to purchase the remaining 70% by 2028. The deal was positioned as a strategic move to establish a second flagship brand rooted in couture. The timing of the acquisition, however, came just before the global luxury slowdown and has since become a topic of concern for investors. According to Kering's latest annual report, completing the Valentino acquisition could cost the group €4 billion ($4.64 billion), should Mayhoola choose to exercise its put options as early as 2026. Kering shares, which have dropped more than 60% in value over the last two years, initially climbed by 2.5% following the Corriere article but lost momentum after Mayhoola's denial. The speculation surrounding Valentino comes amid Kering's internal portfolio review, as the group faces mounting debt and industry-wide headwinds. Under pressure to free up capital, Kering has been evaluating its asset structure under the leadership of newly appointed CEO Luca de Meo, set to officially begin his role on September 15. Valentino itself has also been in the spotlight. Its CEO, Jacopo Venturini, was recently placed on medical leave, and its handbag division, Valentino Bags Lab Srl, was placed under court administration due to labor violations identified in its supply chain. In 2023, the company appointed Alessandro Michele as creative director, following the departure of long-time designer Pierpaolo Piccioli. That same year, the fashion house reported a 2% decline in revenue at constant exchange rates, totaling €1.31 billion ($1.52 billion). ($1 = €0.8607)
Fashion Network
3 days ago
- Business
- Fashion Network
Mayhoola denies speculation of possible Valentino sale with Kering
Qatar-backed investment fund Mayhoola has denied a report published by Italian newspaper Corriere della Sera that it is considering selling Valentino, the Rome-based fashion house it co-owns with French luxury group Kering. 'This news is untrue,' Mayhoola chief executive Rachid Mohamed Rachid told Reuters on Friday, directly dismissing the report. Kering declined to comment. Kering, which owns Gucci and other luxury brands, acquired a 30% stake in Valentino in 2023 for $1.7 billion, with a commitment to purchase the remaining 70% by 2028. The deal was positioned as a strategic move to establish a second flagship brand rooted in couture. The timing of the acquisition, however, came just before the global luxury slowdown and has since become a topic of concern for investors. According to Kering's latest annual report, completing the Valentino acquisition could cost the group €4 billion ($4.64 billion), should Mayhoola choose to exercise its put options as early as 2026. Kering shares, which have dropped more than 60% in value over the last two years, initially climbed by 2.5% following the Corriere article but lost momentum after Mayhoola's denial. The speculation surrounding Valentino comes amid Kering's internal portfolio review, as the group faces mounting debt and industry-wide headwinds. Under pressure to free up capital, Kering has been evaluating its asset structure under the leadership of newly appointed CEO Luca de Meo, set to officially begin his role on September 15. Valentino itself has also been in the spotlight. Its CEO, Jacopo Venturini, was recently placed on medical leave, and its handbag division, Valentino Bags Lab Srl, was placed under court administration due to labor violations identified in its supply chain. In 2023, the company appointed Alessandro Michele as creative director, following the departure of long-time designer Pierpaolo Piccioli. That same year, the fashion house reported a 2% decline in revenue at constant exchange rates, totaling €1.31 billion ($1.52 billion). ($1 = €0.8607)
Fashion Network
3 days ago
- Business
- Fashion Network
Mayhoola denies speculation of possible Valentino sale with Kering
Qatar-backed investment fund Mayhoola has denied a report published by Italian newspaper Corriere della Sera that it is considering selling Valentino, the Rome-based fashion house it co-owns with French luxury group Kering. 'This news is untrue,' Mayhoola chief executive Rachid Mohamed Rachid told Reuters on Friday, directly dismissing the report. Kering declined to comment. Kering, which owns Gucci and other luxury brands, acquired a 30% stake in Valentino in 2023 for $1.7 billion, with a commitment to purchase the remaining 70% by 2028. The deal was positioned as a strategic move to establish a second flagship brand rooted in couture. The timing of the acquisition, however, came just before the global luxury slowdown and has since become a topic of concern for investors. According to Kering's latest annual report, completing the Valentino acquisition could cost the group €4 billion ($4.64 billion), should Mayhoola choose to exercise its put options as early as 2026. Kering shares, which have dropped more than 60% in value over the last two years, initially climbed by 2.5% following the Corriere article but lost momentum after Mayhoola's denial. The speculation surrounding Valentino comes amid Kering's internal portfolio review, as the group faces mounting debt and industry-wide headwinds. Under pressure to free up capital, Kering has been evaluating its asset structure under the leadership of newly appointed CEO Luca de Meo, set to officially begin his role on September 15. Valentino itself has also been in the spotlight. Its CEO, Jacopo Venturini, was recently placed on medical leave, and its handbag division, Valentino Bags Lab Srl, was placed under court administration due to labor violations identified in its supply chain. In 2023, the company appointed Alessandro Michele as creative director, following the departure of long-time designer Pierpaolo Piccioli. That same year, the fashion house reported a 2% decline in revenue at constant exchange rates, totaling €1.31 billion ($1.52 billion). ($1 = €0.8607)
