Thursday, June 25, 2026
Economy
Mixed profits at US banks amid weaker signs from low-income customers
New York (AFP) - JPMorgan Chase and Citigroup reported increased second-quarter profits Friday despite somewhat higher costs to account for...
Delta profits drop despite solid demand, hitting airline shares
New York (AFP) - Delta reported lower quarterly profits Thursday despite still-strong travel demand as it moderated a plan to...
Lufthansa issues profit warning, launches ‘turnaround’
Frankfurt (Germany) (AFP) - German airline giant Lufthansa slashed its 2024 profit forecast Friday after a weak second quarter and...
TotalEnergies Uganda oil project ‘devastating’: conservationist
Geneva (AFP) - Production has yet to begin, but TotalEnergies' controversial East African oil project is already taking a dire...
Ericsson posts $1bn quarterly loss on Vonage write down
Stockholm (AFP) - Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1. 0 billion quarterly loss after...
Day labourers seek dwindling jobs pre-dawn in Shanghai suburb
Shanghai (AFP) - A dozen men crowded around an employment agent early in the morning in suburban Shanghai, waving their...
Kenya’s Ruto dismisses almost entire cabinet after deadly protests
Nairobi (AFP) - Kenyan President William Ruto announced Thursday the dismissal of almost his entire cabinet and consultations to form...
France says needs 25 bn euros budget cuts to keep deficit promise
Paris (AFP) - The French government, under EU pressure for overspending, said Thursday it needed a total of 25 billion...
US consumer inflation eases more than expected
Washington (AFP) - US inflation cooled more than expected in June, government data showed Thursday, a positive development for President...
Oil demand growth slowing, China consumption dips: IEA
Paris (AFP) - The International Energy Agency trimmed its forecasts Thursday as it said world oil demand growth continues to...
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