H&M shares jump 10 per cent as summer collection boosts profit
H&M (HMb.ST) shares hit a 16-month high on Thursday after its second-quarter profit beat estimates with its summer collection doing well as warmer weather arrives in Europe.
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Articles
UN wants 12 month extension of Syria aid deliveries from Turkey
U.N. aid chief Martin Griffiths pushed the Security Council on Thursday to extend for 12 months its approval of a long-running humanitarian aid operation that delivers help to millions of ...
Pakistan expects IMF deal in next 24 hours – finance minister
Pakistan’s finance minister said a staff level agreement for a crucial bailout deal with the International Monetary Fund was “very close” and expected in the next 24 hours.
Islamabad is ...
Greta Thunberg slams world response to dam collapse ‘ecocide’ during Kyiv visit
Swedish climate activist Greta Thunberg visited Kyiv on Thursday to draw attention to environmental damage caused by war in Ukraine and criticized the world’s response to the June 6 collapse ...
US House Republicans seek testimony from Hunter Biden investigators
U.S. House Republicans sought testimony on Thursday from more than a dozen officials from the Justice Department, FBI and other government agencies involved in the federal tax investigation of ...
Canadian wildfire smoke spreads, 100 million Americans under air-quality alerts
Murky, dull skies loomed over tens of millions of Americans on Thursday as smoke from prolonged Canadian wildfires drifted across the Midwest and East, causing unhealthy and, in some spots, ...
US condemns burning of Koran in Sweden
The United States on Thursday said it condemned the burning of a Koran outside a mosque in Sweden, but added that issuing the permit for the demonstration supported freedom of ...
Israeli secret service says it captured plot leader in Iran, foiling attack
Israel said on Thursday its Mossad intelligence service carried out an operation in Iran to capture the suspected leader of an Iranian plot to attack Israeli businesspeople in Cyprus and ...
US Supreme Court rules against race-based college admissions
The U.S. Supreme Court on Thursday struck down race-conscious admissions programs at Harvard University and the University of North Carolina, effectively prohibiting affirmative action policies long used to raise ...
Binance’s European banking partner Paysafe to withdraw support
Binance’s European banking partner Paysafe Payment Solutions said on Thursday it will cease offering its embedded wallet solution to the US cryptocurrency exchange across the European Economic Area (EEA) ...
Mike Pence, former US VP and presidential hopeful, visits Ukraine
Former U.S. Vice President Mike Pence, who is running for the Republican nomination in the 2024 presidential election, made a surprise visit to Ukraine on Thursday to meet President Volodymyr ...
Rouble hits 15-month low past 87 vs dollar on political risk concerns
The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic political risk concerns after an aborted mutiny over the weekend, with market uncertainty ...
Riots spread in France, thousands march in memory of shot teenager
President Emmanuel Macron battled to contain a mounting crisis on Thursday after riots spread across France overnight, set off by the deadly police shooting of a teenager of North African ...
Wounded knee hampers Kyrgios bid for Wimbledon glory
Tipped by no less than Carlos Alcaraz as the man with the best chance of denying Novak Djokovic the Wimbledon title, Nick Kyrgios is scrambling even to make it onto ...
Prigozhin was told he would no longer fight in Ukraine
Russian mercenary chief Yevgeny Prigozhin was told that his Wagner group would no longer fight in Ukraine as he had refused to sign contracts to bring his mercenaries under the ...
Apple stock hits record, on cusp of $3 trillion market value
Apple’s (AAPL.O) stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization.
The iPhone maker’s stock rose 0.6 per ...
Kremlin: majority of Russians support Putin and military action
The Kremlin said on Thursday that its own data suggested continued strong support among Russians for what Moscow calls its “special military operation” in Ukraine and for President Vladimir Putin.
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Greece’s Tsipras resigns as Syriza party leader after election defeat
Alexis Tsipras, the one-time leftist firebrand who stormed to power on an anti-austerity agenda in Greece in 2015, stepped down from the helm of the Syriza party after 15 years on Thursday, ...
Top manager at US firm privately sold high-tech in Russia
US technology company Extreme Networks Inc said last year it had suspended all business activities in Russia to show solidarity with the people of Ukraine “living under attack.”
But Reuters ...
Sunak dealt blow as court rules Rwanda deportation plan unlawful (Updated)
British Prime Minister Rishi Sunak said the government would appeal to the UK’s top court after its plan to deport asylum seekers to Rwanda was deemed unlawful, a major ...
Euro zone profits still bigger factor in inflation than wages: ECB
A key measure of corporate profitability in the euro zone rose to a record high last quarter, keeping up pressure on inflation as the long-awaited drop in business margins is ...
Spurs sign Maddison, Arsenal confirm Havertz
Tottenham Hotspur have signed midfielder James Maddison from relegated Leicester City on a five-year deal, the Premier League club said on Wednesday.
Spurs paid 40 million pounds, according to British media ...
Dollar drought haunts frontier economies
As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya’s KTDA co-operative produces 3,400 miles away on a list of essentials that would ...
Ukraine accuses man of treason over deadly Russian missile attack
Ukraine has arrested a man suspected of committing treason by helping Russia carry out a missile strike on a busy restaurant that killed 12 people in the eastern city of Kramatorsk.
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