Deutsche Telekom lifted its annual outlook for the second time and posted quarterly core profit above estimates on Thursday, supported by upbeat performances in its U.S. unit T-Mobile along with growth in its European business. Adjusted earnings before interest, tax, depreciation and amortisation after leases (EBITDA AL) rose to 9.9 billion euros ($10.19 billion), beating consensus estimates of 9.84 billion euros in a poll of analysts published by the company. The telecoms operator's second-quarter revenue rose 5.9% to 28.2 billion euros, in line with consensus estimates.
Shares of Indian domestic airlines rose on Thursday, a day after the civil aviation ministry said it will remove the restrictions on ticket prices it had imposed two years ago due to the coronavirus pandemic. Domestic airlines IndiGo, SpiceJet Ltd, Air India, Go First and Vistara - a joint venture between the Tata Group and Singapore Airlines - can now price tickets freely. Shares of top airline IndiGo's parent InterGlobe Aviation Ltd rose as much as 2.3% to 2084.6 rupees while smaller rival SpiceJet Ltd jumped as much as 7% to 47.9 rupees.
Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers, the securities watchdog said on Thursday, calling the data a "strong case for regulation". The Australian Securities and Investments Commission (ASIC) survey of 1,053 retail investors, conducted last November, found 44% reported holding cryptocurrency, making it the second most popular investment after Australian shares. A quarter of the investors surveyed who held cryptocurrency said it was their only investment.
Indian government bond yields are seen mostly steady in opening trades on Thursday as traders await headline retail inflation data as well as fresh supply of notes through weekly debt auction. "With U.S. yields steady after their inflation data, we do not expect any major action today," the trader said, adding the focus would be on local inflation reading as well as debt supply ahead of the long weekend. Indian's retail inflation data for July is due on Friday.
North Korea's Kim Jong Un declared a "shining victory" over Covid-19 as his sister revealed he had fallen ill during the outbreak, which she blamed on Seoul, state media said Thursday.
Israeli artist Sigalit Landau wades into the warm, briny waters of the Dead Sea to inspect her latest creations -- everyday objects coated in salt crystals that glisten in the bright morning sun.
Kholoud Massaed of the Hadaria tribe in Sudan vividly recalls the day her face was scarred with a sharp blade, an ancient practice that was once common.
Taiwan's army held another live-fire drill Thursday after Beijing ended its largest-ever military exercises around the island, as it repeated threats to bring the self-ruled democracy under its control.
Gul Agha Jalali used to spend his nights planting bombs -- hoping to target an Afghan government soldier or, better still, a foreign serviceman.
The powerful sister of North Korean leader Kim Jong Un accused the South of causing a Covid outbreak in the country and warned of "retaliation", as Pyongyang declared "victory" over its outbreak, state media said Thursday.
North Korean leader Kim Jong Un on Wednesday declared a "shining victory" over Covid-19, after officials reported no new cases of the virus for nearly two weeks.
Some theories on why Republicans have so little to say about the sweeping, historic Democratic legislation on the verge of becoming law.
Several dozen prominent US and international economists urged the United States Wednesday to hand over to Afghanistan $7 billion in central bank reserves frozen when the Taliban seized control of the country nearly one year ago.
(Reuters) -Bumble Inc cut its full-year revenue forecast on Wednesday, taking a hit from the war in Ukraine while also grappling with stiff competition from rivals such as Match Group Inc in the online dating market. Shares of Austin, Texas-based Bumble fell nearly 13% in after-hours trading, as its current-quarter forecast also remained below Wall Street estimates. While Bumble has experienced a surge in popularity, its other dating app, Badoo, which is mostly used in Western Europe by the urban middle class segment, remains under pressure.
Addressing all the damage is going to take more than money — it’s going to take new laws and a deeper understanding of how our climate crisis came to fruition.
Decomposing food waste is releasing thousands of tonnes of planet-warming methane gas at landfills in Buenos Aires, Delhi, Mumbai, and Lahore, new research finds. With about 570 million tonnes of the greenhouse gas emitted every year from both industrial and natural processes, the concentration of methane in the atmosphere has been increasing at a record pace https://www.noaa.gov/news-release/increase-in-atmospheric-methane-set-another-record-during-2021#:~:text=NOAA's%20preliminary%20analysis%20showed%20the,during%202020%20was%2015.3%20ppb, according to the U.S. National Oceanic and Atmospheric Administration. Yet there is another major global source – garbage.
"We don’t want to engage with them until they can find a way to respect Indigenous knowledge," a member of the Aquinnah Wampanoag Tribe said.
The FBI search of the former president's Florida property was focused on mishandled presidential materials, according to reports.
One Twitter user noted that, if Trump can plead the Fifth, his fellow Americans “have the complete right under the First Amendment to mock him relentlessly for it.”