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By Mark Gleeson CAPE TOWN (Reuters) – Africa’s run at the Women’s World Cup has been nothing short of extraordinary at the end of the group phase on Thursday as debutants Morocco joined Nigeria and South Africa in the last 16. Morocco had been thrashed 6-0 by twice champions Germany in their opening match of the finals but bounced back to beat South Korea and Colombia to secure their passage […]

By Deborah Mary Sophia (Reuters) -Canada Goose Holdings forecast current-quarter sales below Wall Street estimates on Thursday due to choppy U.S. demand, taking the shine off of upbeat first-quarter results driven by a rebound in China and sending its shares down 7%. Demand for luxury goods in China has recovered sharply after the country lifted its COVID-19 restrictions. Revenue from Canada Goose’s Asia Pacific segment jumped 52.2% to C$24.5 million […]

By Gabriel Araujo SAO PAULO (Reuters) -Portuguese helicopter services provider OHI launched a new business in Brazil on Thursday to shuttle the country’s super rich between Sao Paulo’s wealthiest neighborhoods, a market it sees reaching 90,000 passengers per year by 2028. Named Revo, the new company will offer helicopter flights through a digital platform to high-income clients in Latin America’s largest city so they can escape the metropolis’ chaotic road […]

LONDON (Reuters) – Major central banks are tentatively eyeing the end of aggressive interest rate hikes as price pressures finally show signs of abating. Inflation remains high across the globe, but in some big economies has cooled faster than expected. Upcoming decisions are on a knife-edge. Pausing too early could cause financial conditions to loosen too fast, re-igniting inflationary pressures. Stopping too late could trigger a credit crunch and a […]

By Edward McAllister DAKAR (Reuters) – When Niger’s coup leader Abdourahmane Tiani announced the overthrow of President Mohamed Bazoum on television last week, he cited persistent insecurity as justification. But previously unreported data on attacks and casualties in the country, where an Islamist insurgency has raged, shows that security was actually improving thanks to tactics used by Bazoum’s government and help from French and U.S. forces. Those tactics and that […]

By Helen Coster and Samrhitha Arunasalam (Reuters) -Warner Bros Discovery missed market estimates for quarterly revenue on Thursday as a number of high-profile flops at the box office, including “The Flash,” overshadowed rising momentum for its streaming business after the launch of Max. The company forged by the union of WarnerMedia and Discovery Inc reported second-quarter revenue of $10.36 billion, missing analysts’ average estimate of $10.44 billion, according to Refinitiv […]

By Maayan Lubell JERUSALEM (Reuters) -Israel’s Supreme Court began hearing on Thursday the first in a series of appeals linked to a judicial overhaul undertaken by Prime Minister Benjamin Netanyahu and his hard-right coalition, which has set off an unprecedented domestic crisis. A March amendment to a quasi-constitutional “basic law” limited conditions under which a prime minister can be deemed unfit, or incapacitated, and removed from office. The appellants, backed […]

BEIRUT (Reuters) – Lebanon on Friday marks the third anniversary of the Beirut port explosion which killed at least 220 people, wounded thousands, and damaged swathes of the city. Despite the devastation, an investigation has brought no senior official to account. Here is a summary of what happened and how the investigation has been stymied: THE EXPLOSION The blast is thought to have been set off by a fire at […]

SEOUL (Reuters) -Nine people have been stabbed and four others hurt by a car driven by the suspected attacker on Thursday in the South Korean commuter town of Seongnam near the capital Seoul, police said. One person has been arrested, police said in a statement. The attack occurred near Seohyeon station, an area about 20 km (12.43 miles) from Seoul that has a large department store and other shops and […]