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Gloria Julia King, the first woman elected to the Vanuatu parliament in 14 years, said entering the male-dominated house shows that times have changed in the Pacific nation.
The euro, pound and yen all held their gains against the dollar Thursday and most equities rose as traders grow increasingly hopeful the Federal Reserve will slow its pace of interest rate hikes. And on Thursday the euro held above parity with the greenback, a day after breaking the marker for the first time since last month and ahead of an expected European Central Bank rate hike.
A Thai media mogul and transgender rights campaigner has bought the firm that runs Miss Universe pageants for $20 million, according to a company announcement. The next Miss Universe pageant is scheduled for the US city of New Orleans next January.
The International Energy Agency said Thursday it believes global energy emissions will peak in 2025 as surging prices due to the Russian invasion of Ukraine propel investment in renewables.
When occupying Russian forces came knocking on doors in his small village in east Ukraine in late April to check the identities of residents, 64-year-old retiree Volodymyr Zelensky was terrified. Zelenska returned home after Kyiv's forces expelled the Russians from the village late last month.
Credit Suisse announced a radical series of measures Thursday aimed at turning around the beleaguered bank following huge third quarter losses, including revamping its investment banking unit, 9,000 job layoffs and raising fresh capital. The announcement came as the bank unveiled a third quarter net loss of $4.034 billion Swiss francs.
Hong Kong's finance chief could have to miss an upcoming global banking summit in the city, after his office revealed Thursday he had tested positive for the coronavirus. Global banking chiefs will have a taste of Hong Kong's existing pandemic curbs next week at the summit in the Four Seasons hotel, although certain rules will be relaxed.
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.
Rilee Rossouw blasted 109 and shared in the highest stand in Twenty20 World Cup history Thursday with Quinton de Kock as South Africa amassed 205-5 against Bangladesh in Sydney. It was the fifth highest score at a T20 World Cup.
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