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Nestle CEO Schneider to step down after eight years at helm
Nestle chief executive Mark Schneider is leaving the Swiss food group after eight years in charge and will be replaced by Latin America boss Laurent Freixe, the company said Thursday. The company has also faced controversy in recent years, with Swiss NGO Public Eye accusing Nestle of selling baby food with high levels of added sugar in low-income countries but not in wealthier nations.
Nepal lifts ban on video-sharing platform TikTok
Nepal on Thursday lifted its ban on TikTok nine months after suspending the popular video-sharing platform for disturbing "social harmony", the communications minister said. Nepal had suspended TikTok in November last year, days after introducing a directive requiring social media platforms operating in the country to set up offices.
Mpox vaccine maker says 'better prepared' than in 2022
Danish drugmaker Bavarian Nordic said Thursday that it was "better prepared" to supply its mpox vaccine for the current surge of the virus than it was for the 2022 epidemic. Last week, the health agency of the African Union said some 200,000 vaccines would be deployed across Africa, thanks to agreements with the EU and the Danish drugmaker, whose vaccine was approved in 2019.
Canada rail freight shut down threatens to disrupt economy
A labor dispute in Canada threatened to disrupt the North American economy on Thursday after the county's two rail operators shut operations, locking out nearly 10,000 workers.
US existing home sales rise in July, ending downward trend
Sales of previously owned homes in the United States edged up in July, industry data showed on Thursday, breaking a four-month trend of declines. Housing inventory also edged up from June, NAR data showed.
Cosplay and queues at Germany gamers gathering
Armour-clad warriors mixed with cosplaying Super Marios and monster hunters on Thursday, as gamers braved hours of queuing at the sector's biggest trade show, Gamescom in Germany's Cologne. Nass was among many aiming to be first in line to play "Monster Hunter Wilds", one of the most popular games at the annual Gamescom gathering.
French court dismisses appeal in Agent Orange case
A Paris court Thursday rejected an appeal by a French-Vietnamese woman who has been trying to sue Monsanto and other makers of Agent Orange for the chemical's use in the Vietnam war. The Paris Court of Appeal used the same argument in rejecting Nga's claim.
Climate change a mixed blessing for sun-starved Irish vintners
At a tiny outpost in the wine world, Ireland's handful of winemakers are cautiously eyeing long-term growth potential as climate change warms up its cool climate. Irish winemakers who are clever with site selection and willing to "play the long game" can reap rewards, she said.
Asia struggles to track Wall St up after US jobs, Fed minutes
Stocks fluctuated in Asia on Thursday after Wall Street returned to winning ways on the back of softer-than-expected jobs data and minutes showing some Federal Reserve officials were open to an interest rate cut at their meeting last month.
AFP
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