AFP
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Del Monte guards in Kenya accused of beatings, rapes, killings
"The instructions were very clear: when you see a thief, you chase him until you arrest him and you beat him up brutally," says Daniel Kamau Wainaina, a former security guard on a Kenyan pineapple plantation owned by US food giant Del Monte. Wainaina said he worked for Del Monte for 25 years, mostly as a guard.
Shipping giant Maersk's profit sinks, warns of Red Sea risk
Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Yemeni rebel attacks in the Red Sea. The "oversupply challenges" in the maritime shipping industry are expected to "materialise fully" over the course of 2024, Maersk said.
Unilever profit drops as sales flatten after price hikes
British consumer goods giant Unilever on Thursday said its net profit dropped 15 percent last year to 6.5 billion euros ($7 billion) as sales flattened as the group hiked prices. Group revenue dipped 0.8 percent to 59.6 billion euros last year compared with 2022.
Gucci owner Kering says profit fell 17% in 2023
French luxury giant Kering said Thursday its sales and net profit fell in 2023, warning its investment strategy will weigh on results this year as it refocuses its business around its flagship brand Gucci. Looking ahead, Kering warned that its investment strategy will weigh on the group's full-year operating income.
Pakistan suspends mobile service for election day
Pakistan suspended mobile phone and data services nationwide on Thursday for election day, in a move a digital rights group said was "inherently undemocratic".
Chinese consumer prices suffer quickest drop in 14 years
Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed Thursday, piling pressure on the government for more aggressive moves to revive the country's battered economy.
China consumer prices show quickest drop in 14 years
Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed Thursday, as the country's leaders struggle to revive buying sentiment in the world's second-biggest economy.
Most Asian markets track Wall St record, Shanghai extends rally
Most Asian stocks rose Thursday following another record on Wall Street, with strong earnings, a resilient US economy and Chinese moves to boost the country's markets playing up against fading hopes for an early Federal Reserve interest rate cut.
Economy is a gamble for Biden in election year
Anger over rising prices and wages that don't stretch far enough brought thousands of casino workers onto the streets of Las Vegas in recent months, part of a wave of labor discontent in the United States.
AFP
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