Prospective new owners of Manchester United have until Friday to reveal their interest in buying one of the world's biggest clubs, with the British press reporting a bid from Qatar which, if successful, will send shockwaves through European football.. According to reports, they are seeking £6 billion for the three-time European champions, which would smash the record fee for a football club set by Chelsea last year.
European aircraft manufacturer Airbus said on Thursday profits soared to a record level in 2022 despite supply chain problems limiting its ability to raise production.. Despite the continuing supply chain problem, the general outlook for the sector looks promising.
Swiss food giant Nestle said on Thursday sales rose last year but inflation nibbled at its margins, while net profits plunged due to asset disposals in 2021.. Net profits fell by 45 percent to 9.3 billion francs in 2022 but the comparison with 2021 is deceptive since the disposal of shares Nestle held in L'Oreal boosted 2021 earnings.
French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the sale of its operations in Russia pushed the company into a net loss.. That pushed Renault into a net loss of 338 million euros for the year.
A Russian missile smashed a Ukrainian apartment complex, killing dozens.. Last month, at least 46 people were killed when a residential building in the city of Dnipro was struck by what Ukrainian officials and experts including the US-based Center for Strategic and International Studies said was a Russian Kh-22 cruise missile.
When Vladimir Stetsenko put his apartment on the market in October, he thought the ad for the newly renovated property in southern Moscow would generate some interest.. "There was not a single phone call for two or three weeks," the 61-year-old, who has lived in the Czech Republic for the past two years, told AFP. That could be because Stetsenko listed the property not long after President Vladimir Putin deployed troops to Ukraine, sparking an unprecedented wave of Western penalties against Moscow and economic uncertainty.
The war in Ukraine has been accompanied by a ferocious battle of disinformation, waged in particular by pro-Russian agitators seeking to distort and shift the blame for many atrocities on the ground.. - Russian authorities themselves have propagated the idea that some of the worst atrocities -- such as the massacre of civilians in Bucha not far from Kyiv in April 2022 -- were staged.
Asian markets pushed higher Thursday, extending gains in New York and Europe, as a forecast-busting US retail sales report showed American consumers remain confident despite elevated inflation and the prospect of more interest rate hikes.. And National Australia Bank's Rodrigo Catril added: "Strength in retail sales figures have been supported by a strong labour market... and as noted by the New York Consumer survey earlier in the week, the US consumer is not worried about losing their job.
Microsoft's fledgling Bing chatbot can go off the rails at times, denying obvious facts and chiding users, according to exchanges being shared online by developers testing the AI creation.. Posts in the Reddit forum included screen shots of exchanges with the souped-up Bing, and told of stumbles such as insisting that the current year is 2022 and telling someone they have "not been a good user" for challenging its veracity.
In his four years as World Bank President, David Malpass oversaw its response to crises ranging from the Covid-19 pandemic to Russia's invasion of Ukraine, and food and energy shortages.. During his tenure, the World bank mobilized a record $440 billion responding to crises including the pandemic, climate problems and food shortages, and the group more than doubled its climate finance to developing countries.
