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Lufthansa reports healthy profit, extending recovery
Lufthansa reports healthy profit, extending recovery
by  AFP

German airline giant Lufthansa on Thursday reported a net profit of 809 million euros ($814 million) in the third quarter, as the group extends a strong recovery from the pandemic. In August, Lufthansa had reported its first net profit since the pandemic.

Kanye West 'escorted' out of Skechers offices
Kanye West 'escorted' out of Skechers offices
by  AFP

Kanye West was "escorted" by two executives out of the Skechers corporate offices after the rapper showed up uninvited, the shoe company said in a statement Wednesday. "Skechers is not considering and has no intention of working with West," the company said Wednesday.

ECB poised for bumper rate hike despite recession gloom
ECB poised for bumper rate hike despite recession gloom
by  AFP

The European Central Bank is expected to roll out another super-size rate hike Thursday to combat runaway inflation, despite concerns higher borrowing costs could deepen the pain of a looming eurozone recession.

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