BUSINESS

Armed client holds Lebanon bank staff hostage to access savings

'Mac is back': McDonald's plans 'phased' reopening in Ukraine

McDonald's was closed for nearly six months in this country, but now will reopen in some regions.

Deutsche Telekom on Thursday raised its annual earnings forecast for the second time after beating quarterly estimates, and said it could achieve its goal of a majority stake in U.S.

Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in the first half on strong performance across the board and announced a bumper 1.8 billion Swiss francs ($1.91 billion) share buyback on Thursday, sending its shares higher.

Insurer Aegon raised its forecasts for full-year operating capital generation and 2021-2023 free cash flow on Thursday after a quarterly earnings beat, lifting its shares more than 8%.

More beverages were added to the recall, growing the already lengthy list of protein and oat milk products pulled.

Observers voice concern about Kenya vote disinformation

SoftBank Group Corp is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding from 23.7% to 14.6%.

Blinken raises 'serious concerns' on rights in Rwanda talks

Chinese insurer Ping An Insurance Group believes HSBC has overstated the challenges and difficulties of spinning off the bank, said a source with direct knowledge of the thinking of the bank's biggest shareholder.

Potash and salt miner K+S reiterated its full-year profit guidance on Thursday, as it expects higher fertiliser prices to offset the impact of a potential gas shortage in Germany.

British betting group Entain said it would buy Croatia's SuperSport Group for 600 million pounds ($731 million) in cash on Thursday after the owner of Ladbrokes, Coral and bwin reported a 20% increase in half-year profit.

Permission for El Al Israel Airlines to fly over Oman is expected in "a matter of days", chief executive Dina Ben-Tal said on Thursday, a move that would be a big boost for the flag carrier's Asian routes.

Iran rejects US claim of plot to kill ex-official Bolton

A Chinese property think tank owned by KE Holdings apologised on Thursday for sparking a "heated public discussion" with its report on rising housing vacancy rates in China, and said its assessment may not be sufficiently accurate.

Daimler Truck will keep prices high even if certain costs begin to fall in order to compensate for lower margins since last year, the truckmaker said on Thursday, as it reported a 15% rise in earnings in the second quarter.

Antofagasta posted a fall in half-year profit on Thursday, as higher costs, lower grades and a persistent drought in Chile hit the miner's copper production.

Musk mentioned that "the actual total transactional throughput capability" of the crypto asset he is supporting "is much higher than Bitcoin."

Google has grave reservations about developing a self-regulatory body for the social media sector in India to hear user complaints, though the proposal has support from Facebook and Twitter, sources with knowledge of the discussions told Reuters.

Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the red for the first time in nearly 12 years.

Chinese medical portal censored after doubting herbal 'Covid remedy'

Oil prices slipped in Asia on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand.

Markets track Wall St rally as soft US inflation boosts rate hopes

Taliban fighters swap arms for books as hundreds return to school

Taliban stronger than ever a year after takeover

Asian shares tracked Wall Street higher on Thursday after a softer-than-expected U.S.

China's ex-Covid patients live under 'dark shadow' of stigma

Fresh fears after Facebook's role in US abortion case