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IN THE NEWS

Walmart lifts earnings outlook after revenues rise

Walmart lifts earnings outlook after revenues rise

The US retail giant Walmart reported a rise in revenues on Thursday on increased e-commerce and advertising sales, and raised its outlook for the year.

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Chinese tech giant Alibaba's quarterly profit shrinks 29 percent

Chinese tech giant Alibaba's quarterly profit shrinks 29 percent

Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdown.

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Kenyans ridicule 'hideous' statue of Olympic star Kipyegon

Kenyans ridicule 'hideous' statue of Olympic star Kipyegon

Kenyans poured scorn and ridicule Thursday on a statue they said depicted Olympic running icon Faith Kipyegon, among several erected in the world-renowned running hub of Eldoret to fete the nation's victorious Olympians.

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Thailand's Pheu Thai party chooses Paetongtarn Shinawatra as PM candidate

Thailand's Pheu Thai party chooses Paetongtarn Shinawatra as PM candidate

Thailand's Pheu Thai party has chosen 37-year-old Paetongtarn Shinawatra, the daughter of billionaire ex-PM Thaksin Shinawatra, as its candidate for prime minister, it announced on Thursday, a day after a court dismissed the incumbent premier in an ethics case.

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Gazans lose tens of thousands in war, but have few chances to mourn

Gazans lose tens of thousands in war, but have few chances to mourn

Once a day, Umm Omar picks up the phone and calls her late husband, humouring their four-year-old daughter who does not understand yet her father was killed early in the Gaza war.

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Stocks climb tracking inflation, growth data

Stocks climb tracking inflation, growth data

Stock markets mostly rose Thursday, as easing US consumer inflation buoyed hopes that the Federal Reserve could announce a big interest-rate cut next month, weighing on the dollar.

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Pressure for truce deal builds, as Gaza toll tops 40,000

Pressure for truce deal builds, as Gaza toll tops 40,000

Pressure built for a Gaza ceasefire to be agreed at talks set to resume Thursday in Qatar, aiming to stop the spread of a war that the Hamas-run territory's health ministry said has killed 40,000.

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CAS reject Indian wrestler Phogat's Olympic appeal

CAS reject Indian wrestler Phogat's Olympic appeal

Indian wrestler Vinesh Phogat on Thursday lost her appeal to the Court of Arbitration for Sport (CAS) after her disqualification from the women's 50kg final at the Paris Olympics for being overweight.

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Japan lifts 'megaquake' warning, tells people to 'go back to normal'

Japan lifts 'megaquake' warning, tells people to 'go back to normal'

Japan lifted on Thursday a warning that a "megaquake" potentially causing colossal damage and loss of life could strike, with the government telling people to "go back to normal".

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Three arrested, fourth wanted after teen star Yamal's father stabbed

Three arrested, fourth wanted after teen star Yamal's father stabbed

Three people have been arrested and a fourth is wanted after a knife attack on the father of young Spanish football star Lamine Yamal in Catalonia, local police told AFP Thursday.

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