L'Oreal confident as posts double-digit gains for 2022
Cosmetics giant L'Oreal posted double-digit growth in sales and profits in 2022 to record levels despite inflation and Covid lockdowns in China and expressed confidence for the year ahead thanks to a return by Chinese consumers.
Read more
Senators grill Southwest Airlines after holiday meltdown
US Senators grilled a Southwest Airlines executive Thursday over December's winter storm troubles that affected some two million customers, resulting in a hellish holiday travel meltdown for the ages.
Read more
S.Africa declares state of national disaster to end record blackouts
South Africa's President Cyril Ramaphosa declared a national disaster on Thursday in a bid to fast-track efforts to tackle a record electricity shortage that has put the brakes on growth in Africa's most industrialised economy.
Read more
Adidas 2022 income drops, more pain ahead after end of Kanye tie-up
Adidas's net income fell heavily in 2022, according to preliminary results released on Thursday, with the German sportswear giant predicting major operating losses this year after ending a tie-up with Kanye West.
Read more
Ukraine-led 2024 boycott call is against Olympic principles: IOC chief Bach
IOC president Thomas Bach has told Ukraine that its calls for a boycott of the 2024 Paris Games over the possible participation of Russian competitors goes against Olympic "principles".
Read more
European Super League 'progressing', says Barcelona's Laporta
Barcelona president Joan Laporta on Thursday said plans to create a European Super League were "progressing" and expected a favourable court ruling for the breakaway competition fiercely opposed by UEFA and FIFA.
Read more
World Cup winner Scaloni leads FIFA 'Best' coach award shortlist
Argentina's World Cup-winning coach Lionel Scaloni, Carlo Ancelotti of Real Madrid and Manchester City's Pep Guardiola were named as FIFA's finalists for the 2022 'Best' coach of the year award on Thursday.
Read more
Anger and grief in Quebec after bus rams day care, killing two
The driver who Canadian police believe deliberately crashed his bus into a day care, killing two children, was being evaluated by psychiatrists Thursday, officials said as mourners laid flowers and lit candles at the site.
Read moreCredit Suisse shares sink after biggest loss since 2008 financial crisis
Credit Suisse stocks plunged nearly 15 percent on Thursday as the scandal-plagued Swiss banking giant posted its biggest annual loss since the 2008 financial crisis -- and warned it expects to stay in the red in 2023.
Read more
Nicaragua frees 222 dissidents to US, in surprise shift
More than 200 detained members of Nicaragua's opposition were freed Thursday and flew to the United States, in a surprise gesture by President Daniel Ortega, who has faced pressure over growing authoritarianism.
Read moreIn The News
