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Nike profits dip on lower sales in North America, China
Lower sales in North America and China dented Nike's quarterly results as the sports giant on Monday projected modest revenue growth amid the strong dollar, rising inflation and other headwinds. Friend also said the forecast reflects a drag from the strong dollar in overseas markets, as well as the continued hit from lofty freight costs and supply chain investments.
GlobalWafers announces plans for massive US plant
Taiwan's GlobalWafers on Monday unveiled plans to establish a massive plant in northern Texas to produce a component vital to making semiconductors with an investment of up to $5 billion. "We are at a make-or-break moment to expand domestic semiconductor production," she said.
US to work with Taiwan, Vietnam against illegal fishing
The United States said Monday it would step up cooperation with Vietnam and Taiwan among others to combat illegal fishing, a problem that environmentalists and Western nations increasingly attribute to China.
Blocked Russian payments: what impact for Moscow and creditors?
Russia acknowledged Monday that two interest payments on its debt didn't make it to creditors, an event which could be considered a default, even if Moscow disputes such an interpretation. The Committee has already acknowledged earlier this month that Russia did not make $1.9 million in penalty interest payments concerning a different payment due.
As Ukraine fallout worsens, G7 seeks to woo fence-sitters
The five emerging powers -- Argentina, India, Indonesia, Senegal and South Africa -- have become the object of the G7 industrialised powers' charm offensive, as the club of rich nations seeks to build a broader support base in their backing for Kyiv. India, Senegal and South Africa failed to condemn Russia over its assault of Ukraine, while Argentina and Indonesia did.
Investment vehicle probed over merger with Trump media company
The investment vehicle seeking to merge with Donald Trump's social media venture disclosed Monday that it received federal subpoenas, delaying and potentially derailing the transaction.
Jordan toxic gas blast kills 10, injures over 200
A toxic gas explosion killed 10 people and injured more than 250 on Monday, authorities said, when a cloud of yellow gas suddenly enveloped Jordan's Aqaba port. The deputy chief of the Aqaba Region Ports Authority, Haj Hassan, told Al-Mamlaka that an "iron rope carrying a container containing a toxic substance broke, resulting in the fall and escape of the poisonous substance".
GHC3m land, GHC31k toilet, and list of other expensive items in Jackie Appiah's mansion pops up
Actress Jackie Appiah has been dominating social media trends after a video of her mansion popped up online. See price list of the expensive items in her house.
Video of pupils gifting teacher sugarcane, charcoal & vegetables on her birthday go viral
Shiokwei Barsulai a teacher was overjoyed after her pupils blindfolded and led to their class where they surprised her by offering a cake made from mud, gifts.
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