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Pope's death sparks betting frenzy for successor
Pope's death sparks betting frenzy for successor
Economy
by  AFP

The date when Catholic cardinals will gather to select Pope Francis's successor is not yet known. - 'Inconsistent' - At least 15 days, and no more than 20 days after Pope Francis's death, 135 cardinal electors are due to take part in a conclave to pick a successor, usually from among their ranks.

Nissan forecasts huge annual net loss of up to $5.3 bn
Nissan forecasts huge annual net loss of up to $5.3 bn
Economy
by  AFP

Struggling Japanese auto giant Nissan issued a stark profit warning on Thursday, forecasting a huge loss of up to $5.3 billion in the 2024-25 financial year. Nissan -- which will announce its earnings in mid-May for the 2024-25 financial year that ended on March 31 -- said it expects to report a full-year net loss of 700-750 billion yen ($4.9 billion-$5.3 billion).