Friday, July 4, 2025
Economy
Refining and gas give TotalEnergies Q2 blues
Paris (AFP) - French oil heavyweight TotalEnergies on Thursday reported slumping profits in the second quarter, blaming lower margins in...
World’s richest 1% gained $40 tn in a decade: Oxfam
Paris (AFP) - The world's richest one percent increased their fortunes by a total of $42 trillion over the past...
Ford profits tumble on higher costs, hitting shares
New York (AFP) - Ford shares tumbled Wednesday after the automaker reported lower than expected profits on higher costs connected...
Bank of Canada lowers key lending rate to 4.5%
Montreal (AFP) - Canada's central bank on Wednesday lowered its key lending rate to 4. 5 percent, saying the second...
With no money or fuel, Cuban fishermen improvise on floating rafts
Havana (AFP) - Small white squares dot the ocean off Havana, an unlikely fleet of fishermen bobbing on makeshift polystyrene...
Gucci-owner Kering alerts on profits as earnings tumble
Paris (AFP) - Luxury group Kering said Wednesday that its half-year net profit fell by half and warned operating earnings...
US new home sales dip in June, missing estimates
New York (AFP) - The sales rate of new family homes in the United States dipped in June, missing analyst...
Council of Europe urges Jersey to up anti-money laundering efforts
Strasbourg (France) (AFP) - The pan-European rights body Council of Europe called Wednesday on Jersey to enhance its implementation of...
Bangladesh garment factories reopen after unrest
Dhaka (AFP) - Garment factories and banks reopened in Bangladesh Thursday after authorities eased a curfew imposed to contain deadly...
In fuel-guzzling Saudi Arabia, electric cars pique interest
Riyadh (AFP) - For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his...
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