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Markets rise as traders evaluate strong US economy

Markets rise as traders evaluate strong US economy

Asian and European markets rose Thursday, extending gains in New York, as a forecast-busting US retail sales report showed American consumers remained confident despite elevated inflation and the prospect of more interest rate hikes.

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Inflation nibbles at Nestle margins

Inflation nibbles at Nestle margins

Swiss food giant Nestle said on Thursday sales rose last year but inflation nibbled at its margins, while net profits plunged due to asset disposals in 2021.

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As Spain advances trans rights, other early adopters hesitate

As Spain advances trans rights, other early adopters hesitate

As Spain prepares to adopt a law simplifying the process for self-identifying as transgender, other early adopters are applying the brakes over the complexities involved in this highly sensitive issue.

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Australia's Cummins backs struggling Warner for second India Test

Australia's Cummins backs struggling Warner for second India Test

Australia skipper Pat Cummins brushed off concerns Thursday over David Warner's batting form and said he was certain the opener would play in this week's second Test against India.

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Duckett, Brook set up England attacking declaration in first  Test

Duckett, Brook set up England attacking declaration in first Test

Ben Duckett and Harry Brook struck blistering half-centuries as England declared their innings at 325-9 late on the opening day of the first Test against New Zealand in Mount Maunganui on Thursday.

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US says Bangladesh sanctions to remain until police reform

US says Bangladesh sanctions to remain until police reform

The United States will not lift sanctions on an elite Bangladesh police unit accused of extrajudicial killings until it is reformed, a top US envoy visiting the country has said.

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Leopard tank jibe exposes Germany's deepening leadership rift

Leopard tank jibe exposes Germany's deepening leadership rift

At a prominent carnival season event this year, German Foreign Minister Annalena Baerbock admitted she thought about turning up disguised "as a leopard".

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New Zealand accepts international help as cyclone cripples North Island

New Zealand accepts international help as cyclone cripples North Island

New Zealand redeployed gunships and helicopters to deliver water, food and fuel to cities cut off by Cyclone Gabrielle on Thursday, as overwhelmed rescue teams embraced overseas offers of help.

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Renault boosts profitability but Russia exit pushes it into loss

Renault boosts profitability but Russia exit pushes it into loss

French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the sale of its operations in Russia pushed the company into a net loss.

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Ex-Inter Milan owner named head of Indonesian FA

Ex-Inter Milan owner named head of Indonesian FA

Former Inter Milan owner Erick Thohir was named Indonesia's football association chief on Thursday, the organisation said, several months after one of the worst stadium disasters in the sport's history.

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